Receipt

    Filed May 4, 2026

    Called it.

    The short version

    Terry Kawaja predicted on May 19, 2014: “The recent flurry of media M&A activities, including the AT&T DirecTV deal, means that the big players are lining up their assets in advance of the inevitable convergence of TV and digital video.” Verdict: Called it. AT&T-DirecTV closed 2015; Disney-Fox 2019; WarnerMedia-Discovery 2022; converged TV/CTV is now the dominant ad-buying narrative. Kawaja called…

    Prediction by

    Terry Kawaja

    On May 19, 2014

    The recent flurry of media M&A activities, including the AT&T DirecTV deal, means that the big players are lining up their assets in advance of the inevitable convergence of TV and digital video.

    Follow-up

    AT&T-DirecTV closed 2015; Disney-Fox 2019; WarnerMedia-Discovery 2022; converged TV/CTV is now the dominant ad-buying narrative. Kawaja called the structural arc a decade early.

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    From the High Caliber AI network — see the AI for PR module in the course.