In a statement, AT&T CEO Randall Stephenson noted that DirecTV “is a great fit” that offers “a unique opportunity that will redefine the video entertainment industry and create a company able to offer new bundles and deliver content to consumers across multiple screens — mobile devices, TVs, laptops, cars and even airplanes.”

The two companies are planning to hold a conference call on Monday morning to answer questions about the deal. The deal is said to be worth 48.5 billion dollars in stock and cash.

By Kaleb Rutherford

Author

Kaleb Rutherford has had a passion and love of Games and Technology since he came out of the womb. From his earliest memories, he has always loved using the latest technologies and have been gaming since the Commodore 64.

In 1997, Kaleb started CVGames and since then ttended and covered a variety of different events for the public including PAX, QuakeCon, E3, and many others. With over 20 E3 events covered, there isn't much that surprises Kaleb anymore in the industry as he has seen it all.

Kaleb is married to Emily and they have been together over 20 years. They have 4 boys who share a passion and love for technology and gaming as well.

Kaleb started Parents Press Play to begin podcasting and reaching a more casual segment of the world that tends to have coverage dominated by by "Hardcore," or "Core players. CVGames still exists to cover that section of users.

Combining CVGames and Parents Press Play together, Kaleb created CVGN: The Covering Video Games Network. While world domination is unlikely, our passionate team continues to strive to inform the different audiences with content we are passionate about.