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AT&T may have to sell CNN to merge with Time Warner
12 November 2017, 01:53 | Max Haynes
Rupert Murdoch 'interested in buying CNN' after reports Trump administration may force AT&T to sell it
AT&T has signalled it would not agree to sell DirecTV, which it acquired for $49 billion in 2015, leaving CNN and other cable TV assets as the main sticking point in negotiations.
CNN, which President Trump has derided as "fake news" - while praising Murdoch's Fox News - is at the center of AT&T's $85.4 billion deal to buy Time Warner.
"We're prepared to litigate now", Stephenson said at a conference this week hosted by the New York Times. Opponents are pushing for conditions that would limit AT&T's ability to charge media rivals higher prices to carry Time Warner content.
Reports conflicted this week about whether AT&T and Time Warner are being asked to sell CNN as part of the merger, in order to avoid monopoly regulations. The White House has also said that Trump has not spoken to Attorney General Jeff Sessions about the matter, nor were any White House officials authorized to speak to DOJ on it.
EPA Greenlights Experimental Mosquito Control
Other mosquito species and insects will not be affected, said Stephen Dobson, the company's founder. Before the ZAP Males can be used, it they must be registered in those state or the district.
George Takei denies 1981 sexual assault claim
Talking to a journalist, Bunton said that he befriended Takei after stumbling on him on several occasions at parties and bars. "I can not tell you how vital it has been to have his unwavering support and love in these hard times", he said .
Trump vowed on the campaign trail past year to block the merger because "it's too much concentration of power in the hands of too few".
Nevertheless, a group of eight Democratic US senators on Friday wrote to Makan Delrahim, head of the Justice Department's antitrust division, urging the department "to oppose any attempt by the White House to interfere with antitrust law enforcement decisions, particularly for political reasons". AT&T stock closed up 1.1 percent at $33.44. The deal has yet to be approved by US antitrust regulators. It would then supply its video - HBO, CNN, TBS and the Warner Bros. movie studio - while providing access to the internet for millions of Americans. US President Donald Trump has repeatedly attacked the network for its coverage of his campaign and his administration, while he has publicly praised Murdoch's Fox News. He said the company has "very good" prospects of winning in court against the Justice Department.
The DoJ has said it does not comment on ongoing investigations.
Equifax warns data breach will harm future sales
The global consumer business, which sells credit-monitoring and identity-protection tools, posted little change in revenue. Profits, however, were down 27 percent from the previous year at $96.3 million - in large part due to the breach.
Rutgers on the menu for Penn State homecoming
Veteran walk-on Brandon Smith started in Bowen's spot and made 10 tackles. "We got our momentum back, and we got our groove back". Penn State has hit the over in eight of its last nine games in November and in six of its last seven games following a loss.
You Can ACTUALLY Have Breakfast At Tiffany's Now
An iconic brand with a rich and storied heritage, Tiffany is a global manufacturer and retailer of jewelry and luxury accessories. On Friday, Tiffany unveiled its new Blue Box Cafe, offering, yes, coffee and croissants, as well as lunch and tea service.