Category: Trump

Justice Department Sues to Block AT&T-Time Warner; Now What?

News and Analysis The U.S. Department of Justice has filed a lawsuit attempting to block the $85 billion merger between AT&T and Time Warner, as I predicted it would last January and even in November 2016. “This merger would greatly harm American consumers,” Makan Delrahim, Justice’s chief of its anti-trust unit, said in a press

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Has CNN Become Time Warner’s ‘Old Maid’?

I have said for weeks that President-elect Donald Trump will not support the AT&T-Time Warner if, in his view at least, CNN continues to hammer him with negative coverage. Since Time Warner owns CNN, Trump would regard approving the merger as rewarding, and reinforcing, the news network’s direction. My analysis was recently confirmed by Bloomberg News which said

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Updated: AT&T Denies Time Warner Merger Talk With Trump

AT&T executives, including CEO Randall Stephenson, met today with President-elect Donald Trump, presumably to discuss the proposed merger between the telco and Time Warner. Update: AT&T said after the Trump meeting that the Time Warner merger was not discussed, according to Bloomberg. However, there is no way to determine if that is true.  It’s unclear when

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Trump Opposes AT&T-Time Warner? Don’t Believe It

News and Analysis: Bloomberg News is reporting today that President-elect Donald Trump has told “a friend” that he still opposes the AT&T-Time Warner merger. The news sent media stocks down, particularly Time Warner. Trump said during the 2016 campaign that he opposes the deal because he thinks it will put too much power in the hands

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