Michael J de la Merced
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 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
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
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
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.