TVNewsCheck’s prescient editor, Harry Jessell, asks his infallible Magic 8-Ball to reveal how 2019 will unfold for various aspects of the television business, including core advertising, political advertising, retrans, mergers, FCC ownership caps, Big-4 duopolies and ATSC 3.0. He then expounds on the answers since, while all-knowing, the 8-Ball is notoriously terse.
The Justice Department’s antitrust case against AT&T reached a crescendo Wednesday as government lawyers asked an economist to explain how the telecom giant’s proposed $85 billion merger with Time Warner would lead to higher cable bills for consumers.
Justice Department Antitrust Chief Makan Delrahim appeared in the courtroom Thursday to watch the proceedings in the government’s lawsuit to stop AT&T’s bid to purchase Time Warner as attorneys honed in on another merger: Comcast and NBCUniversal.
A little less than two weeks and eight witnesses into the trial over AT&T’s proposed $85 billion purchase of Time Warner, and we already have a good sense of some of the issues the case — which some are calling the antitrust trial of a generation — will likely pivot around.
The Justice Department, seeking to stop AT&T Inc’s deal to purchase Time Warner Inc, sought on Monday to show how often Time Warner subsidiary Turner would threaten to cut off cable companies to win concessions during contract negotiations.
The government and AT&T clashed on Thursday as each launched their opening salvos in a far-reaching trial on the telecom giant’s proposed $85 billion merger with Time Warner.
Fans will be glued to the “March Madness” college basketball tournament as the joint owner of rights for the games, Time Warner Inc, goes before a judge today to defend a proposed takeover by AT&T Inc. With some 12 million viewers per game last year, the NCAA tournament exemplifies the marquee programming the U.S. government argues will become more expensive if Time Warner is bought by AT&T, the biggest pay-TV provider via subsidiary DirecTV.
AT&T says it needs to buy Time Warner to compete with the likes of Amazon, Netflix and Google in the rapidly evolving world of video entertainment. The Justice Department’s antitrust lawyers worry that consumers will end up paying more to watch their favorite shows, whether on a TV screen, smartphone or tablet.
D.C. Federal District Judge Richard Leon oversees the first day of “trial” concerning AT&T’s proposed $85 billion acquisition of Time Warner.