The Justice Department’s antitrust case opposing the merger of media giants Time Warner and AT&T is in its final stages. And on Thursday, AT&T CEO Randall Stephenson took the witness stand to argue that the deal couldn’t hurt competition because the company will launch a new skinny bundle for just $15-per-month!
The Department of Justice unleashed its harshest condemnation yet of the proposed purchase of Time Warner by AT&T when the agency revealed Wednesday that the $85 billion merger would cost consumers more than half a billion dollars per year in additional cable costs.
AT&T, whose quest to merge with Time Warner into some kind of lurching telecommunications/content mega-hybrid has run afoul of the Department of Justice, won’t get to see any internal White House communications that preceded the DOJ’s legal intervention.
For those who feel the merger between AT&T and Time Warner is a dangerous consolidation of media power, today is bittersweet. The Department of Justice has decided to go forward with a lawsuit to block the merger. But if reports that the suit is motivated by the Trump administration’s desire to punish CNN for its…
President Donald Trump denied on Saturday reports that he had ordered the Department of Justice to halt the $85.4 billion merger between AT&T and Time Warner unless the combined company sells off Turner Broadcasting, a group of cable channels which includes Trump’s hated arch-enemy CNN.
After AT&T and Time Warner announced their planned $85 billion merger last year, it became clear that there might be a political problem: President Donald Trump’s seething hatred of CNN, which is owned by Time Warner. And now, it is all coming to pass.
It’s not exactly a secret that the cable business is in decline, with millions of TV subscribers choosing to go with what are usually superior and almost always cheaper digital-only options.
Roughly four million records containing the personal details of Time Warner Cable (TWC) customers were discovered stored on an Amazon server without a password late last month.
If you are an on-the-go urban millennial who demands premium content across various platforms in order to be engaged, especially platforms which make premium content disappear when it ceases to engage you, then great news: Snapchat has signed a $100 million deal with Time Warner to produce shows in three to…
For the journalists at CNN—everywhere, really, but especially at CNN—now is an appropriate time to become very afraid.
The Federal Communications Commission (FCC) just voted 3-2 to stop internet service providers from sharing your personal data with third parties, like location data or browsing history, without your explicit consent.
AT&T will purchase Time Warner for over $80 billion, the Wall Street Journal reports Saturday afternoon. “According to people familiar with the plans,” the two companies will likely announce this as soon as Saturday night. AT&T will reportedly pay between $105 and $110 a share for Time Warner. According to another…
Today, The Criterion Collection announced that it would be partnering with FilmStruck, a new web-only streaming service from Turner Classic Movies. That’s great if you were dying to add another streaming service to your credit card bill, and very sad if you subscribe to Hulu.
Less than two weeks ago, New York approved the merger between customer service nightmare Time Warner Cable and not-quite-so-famously-bad Charter Communications. Almost immediately, Time Warner is raising its prices in New York. Updated: The numbers previously used in this post were incorrect and have been changed.
The Comcast-Time Warner Cable merger has been in the works for so long, it’s starting to feel like the impending monopolistic telecom Frankenbaby was inevitable. But the Justice Department may kibosh the deal for violating antitrust laws, according to a report from Bloomberg.
On the eve of the FCC's pending ruling on the Comcast/Time Warner merger, Commissioner Mignon Clyburn has taken some time to graciously accept an award at an annual industry dinner. A dinner that Comcast donated $110,000 to. And a dinner that they were definitely not using to sway the FCC's vote at all no sir not in…
If you're looking for one clear, real-world example of why Comcast and Time Warner Cable shouldn't be allowed to merge, let it be this: in one of the few areas of the country where the two cable giants face legitimate competition, they're actually upping their speeds.
This week, the world was reminded of just how awful Comcast can be, thanks to the recording of one appalling customer service call. But that flare-up was also a reminder of how many people could find themselves trapped in similar situations, with fewer ways out, if Comcast's merger with Time Warner Cable goes through.…
The big news of the day is that Rupert Murdoch wants to buy Time Warner, which would mean way more consolidation in book publishing. And tons of layoffs in the media world. But also, I've been wondering all day... could we see Batman meet Hugh Jackman's Wolverine?
