Google is going to buy Time Warner, the Wall Street Journal reports.
The deal is expected to close this week, but it will be more than $7bn, and will be one of the largest in history.
Google’s acquisition will be worth $7 billion.
Time Warner is one of Google’s biggest competitors in the US.
TimeWarner is owned by Time Warner CEO Jeff Bewkes.
Google is also expected to add a digital media division to its digital advertising business.
Google has also signed a deal with Yahoo to make it easier for users to add their own personalized news and entertainment content.
This will also be the third time Yahoo has acquired a media company.
Yahoo is also looking to acquire a digital content company.
Google is also investing $300m into a startup called Digg that has a digital-only business.
In 2018, Google bought Buzz, a search engine that focuses on topics like sports, pop culture and travel.