Hollywood’s merger mania got its close-up at the Consumer Electronics Show, as Turner CEO John Martin and Hulu’s Randy Freer talked about the big pending deals that would reshape the media landscape. Martin gingerly responded to questions...Show More Summary
Sports media could be fundamentally changed if the planned $60 billion Disney-Fox deal goes through. If ESPN is able to gobble up all of the current Fox Sports regional networks for their empire, it could transform the way they do business at a national and (especially) local level. Show More Summary
The New York Times has an interesting op-ed suggesting that if the Justice Department is seeking to block the AT&T-Time Warner merger on antitrust grounds than it certainly will try to do the same thing with the Disney-Fox merger–that is, unless White House politics gets in the way. Show More Summary
“Comcast and Disney are staying focused on the prospect of bidding for key 21st Century Fox assets despite the concern about the climate for media mergers raised by the Justice Department’s decision to fight the $85 billion union of AT&T...
With its lawsuit against the AT&T-Time Warner deal and plan to roll back net-neutrality rules, the administration is fleshing out a regulatory approach: Instead of the Obama administration’s adoption of bright-line rules, it is stressing the enforcement of longstanding laws and regulations.
David McAtee II, AT&T's general counsel, said in a statement: "Today's DOJ lawsuit is a radical and inexplicable departure from decades of antitrust precedent. Vertical mergers like this one are routinely approved because they benefit consumers without removing any competitor from the market. Show More Summary
Here is what you need to know. President Donald Trump said the AT&T-Time Warner deal is 'not good for the country'. He made the comments to reporters on the White House lawn, and they came one day after the US Department of Justice sued...Show More Summary
News and analysis from the WSJ's Washington bureau.
AT&T is vowing to fight the U.S. government to save its $85 billion bid for Time Warner, after the Justice Department sued to block the deal on grounds it could hike television bills and hamper innovation.
President Donald Trump told White House reporters on Tuesday that AT&T's proposed acquisition of Time Warner is "not good for the country." The comments echo those made by Trump on the campaign trail in October 2016. Trump has been a...Show More Summary
The WGA West applauded the Justice Department today for moving to block the proposed merger of AT&T and Time Warner, saying such a deal would be bad for content creators as well as consumers. The union, which represents writers of motion...Show More Summary
Mark Cuban thinks the big losers of the DOJ's decision to sue to block the AT&T-Time Warner merger will be Google and Facebook. The DOJ announced Monday that it would sue to block the deal. Billionaire businessman Mark Cuban on Monday...Show More Summary
The Justice Department is poised to file a lawsuit aimed at blocking the takeover of Time Warner by AT&T, CNN reports, citing a source who’s familiar with the matter. “The lawsuit is an unusual challenge to the $85 billion deal,...
The Justice Department is reportedly poised to block the deal, citing anti-trust concerns.
If the government sues, it’s likely to lose.
As a growing list of potential buyers explore talks with 21st Century Fox, any deal will hinge on the actions of a powerful player that’s not present at the negotiating table: the Justice Department. The outcome of the DOJ’s antitrust...Show More Summary
He politicizes everything he touches, so unless his appointees act with utmost integrity they will be tainted as his henchmen.
AT&T is waiting to see if the Justice Department will sue to block its big takeover. Jeff Sessions didn’t tip his hand either way yesterday.