The New York Post:

Goldman is trying to persuade Apple to make a rival bid for Time Warner, a source with direct knowledge of the situation said.

“They are freaking out trying to convince Apple to come in,” the source said. Goldman has been left on the sidelines in advising on AT&T’s $85 billion agreement to acquire Time Warner.

And:

Cook’s company has expressed interest in buying Time Warner in the recent past, and there is some belief that judging from his comments this week, he will not let AT&T carry the day.

To me, this would be a dizzying purchase, one that would dilute Apple’s and Tim Cook’s attention, steer focus from their core business. True, there’d be a lot of new elements with which to experiment, but there’d be an awful lot of cleanup to do.

My two cents? Buy Netflix.