Michael J de la Merced

US Said to Seek Sale of CNN or DirecTV in AT&T-Time Warner Deal

Apparently, the Justice Department has called on AT&T and Time Warner to sell Turner Broadcasting, the group of cable channels that includes CNN, as a potential requirement for approving the companies’ pending $85.4 billion deal. The other pos

Comcast Starts Bidding War With 21st Century Fox for Sky

Comcast formally unveiled a $30.7 billion takeover bid for Sky, putting the American cable giant squarely in a takeover battle with Rupert Murdoch’s 21st Century Fox for control over the British satellite broadcaster.  The terms of the long-awaite

Sky Threatens to Shut News Channel for 21st Century Fox Deal

The British satellite broadcaster Sky warned that it may shut down its 24-hour news channel if the property becomes an obstacle to the company’s effort to sell itself to Rupert Murdoch’s 21st Century Fox.  In a regulatory filing with the Competiti

Fox’s Unfamiliar but Powerful Television Rival: Sinclair

The timing could not be more fortuitous for Sinclair Broadcast Group: a Republican president is in the White House, his regulators have just eased rules on owning television stations and the dominant name in conservative media is reeling from a se

Future of Big Mergers Under Trump? Like Much Else, It’s Unclear

Deal makers took notice in Oct when Donald Trump declared that he would seek to block AT&T’s $85.4 billion bid for Time Warner on the grounds that it would radically concentrate power in too few companies.