Turner Networks Chief Executive John Martin offered an unvarnished appraisal of the Justice Department’s lawsuit seeking to block the merger of AT&T and Time Warner: “I think the government is clueless.” Martin used the platform of the...Show More Summary
Alphabet has named Dinesh Jain as the new CEO of Access, its subsidiary that runs Google Fiber. Jain is an industry veteran who previously served as chief operating officer of Time Warner Cable. He's the third CEO of Access in 16 months. Access,...Show More Summary
AT&T CEO Randall Stephenson devoted precious few minutes of the company’s hour-long conference call with analysts to the pending legal battle with the government over the Time Warner acquisition. He noted the trial date of March 19 and reiterated the company’s upbeat view of its chances. Show More Summary
The former executive says he has a queasy feeling that his generation has been too silent, for far too long, and it's time to speak out
The U.S. Department of Justice last week sued AT&T to block its planned acquisition of Time Warner, saying the combination could raise prices for rivals and pay-TV subscribers while hampering the development of online video. "We’re prepared to make concessions," AT&T's CEO, Randall Stephenson, said at an Economic Club of New York luncheon. Show More Summary
After the U.S. Department of Justice followed through today on its widely anticipated lawsuit seeking to block the AT&T acquisition of Time Warner, AT&T Chairman and CEO Randall Stephenson addressed reports that Donald Trump’s ongoing beef with Time Warner-owned CNN...
AT&T's CEO Randall Stephenson blasted the US Department of Justice over an impending lawsuit. The department is fighting to block a merger between AT&T and Time Warner. Stephenson said the company will not sell off CNN to satisfy the...Show More Summary
Is there a Fox in the Time Warner merger deal?
AT&T CEO Randall Stephenson said he is prepared to go to court to defend the telecom giant’s proposed takeover of Time Warner if settlement discussions with antitrust regulators fail. The Justice Department is pushing for major changes to the proposed merger.
AT&T is gearing up for a potential legal battle with the government over the company’s planned takeover of Time Warner, according to Randall Stephenson, the chief executive officer of the telecommunications giant. Stephenson, speaking at the New York Times’ DealBook Conference in New York City...
Randall Stephenson, CEO of AT&T, said this week’s slowdown of the company’s acquisition of Time Warner is based on a “patently false” notion that he would move to sell CNN in order to appease regulators. “Everybody is sitting on pins and needles,” he told CNBC’s Andrew Ross Sorkin at the New York Times Dealbook Conference in New York. Show More Summary
Here is what you need to know. The US Department of Justice told AT&T and Time Warner they must sell CNN parent Turner Broadcasting or DirecTV. The two companies are awaiting approval for their massive merger. AT&T CEO Randall Stephenson...Show More Summary
AT&T had expected the deal, announced in October 2016, to close by the end of the year. That may no longer be the case.
UPDATE: Nov. 8, 2017, 3:56 p.m. EST This piece has been thoroughly updated with the DOJ's claim that AT&T offered to sell CNN, and the AT&T CEO's denial of any offer to sell CNN. When AT&T agreed to buy Time Warner for $85 billion, the deal immediately encountered skepticism. These kinds of mega mergers tend to face a lot of government scrutiny. Show More Summary
It is uncertain whether the AT&T Time Warner deal will close
The US Department of Justice told AT&T and Time Warner that they must sell Turner Broadcasting — which includes CNN — or DirecTV if it wants to receive approval for their massive merger. AT&T CEO Randall Stephenson told Business Insider,...Show More Summary
Hello, everyone! Our 8th annual IGNITION: Future of Media conference is about 6 weeks away. We'll be at the Time Warner Center in New York City. We would love to see you there. This year, we'll be joined by, among others: HBO CEO Richard...Show More Summary
Randall Stephenson said the wireless carrier will use targeted advertising to change the TV market and lower prices for consumers.
AT&T Entertainment Group CEO John Stankey will indeed be in charge of the Time Warner properties after the telco completes its $85 billion acquisition. The company just announced that beginning this Tuesday Stankey will be CEO of AT&T’s...Show More Summary
“I think statements out of high political office ought to be considered statements."