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| June 23, 2018

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Warner Archives -

AT&T completes purchase of Time Warner, ushering in new era for Warner Bros., CNN and HBO

June 15, 2018 |

Time Warner Inc. is no more.

Late Thursday, AT&T Inc. announced that it completed its $ 85-billion acquisition of Time Warner Inc., just two days after a federal judge in Washington gave the deal the green light. AT&T wasted little time consolidating its hard-fought prize — a blockbuster purchase…


L.A. Times – Business

AT&T Closes Time Warner Deal, as DOJ Doesn’t Ask for Delay

June 15, 2018 |

AT&T completed its purchase of Time Warner Inc., hours after the Department of Justice decided not to request a legal delay while antitrust officials consider whether to appeal their court defeat.
WSJ.com: US Business

Judge clears AT&T purchase of Time Warner, creating entertainment colossus

June 13, 2018 |

A federal judge Tuesday cleared the way for AT&T Inc.’s $ 85.4-billion purchase of Time Warner Inc., creating an entertainment colossus that promises to reshape the media business.

U.S. District Judge Richard Leon’s ruling in the biggest antitrust case of the century is expected to pave the way…


L.A. Times – Business

Judge Rules AT&T Can Acquire Time Warner

June 12, 2018 |

A federal judge ruled AT&T can proceed with its planned acquisition of Time Warner, rejecting the Justice Department’s allegations that the deal would suppress competition in the pay-TV industry.
WSJ.com: US Business

Judge OKs AT&T Merger With Time Warner

June 12, 2018 |

After a six-week trial, a federal judge on Tuesday said AT&T’s $ 85.4 billion purchase of Time Warner is legal, approving the merger with no conditions, CNBC reports. The Justice Department sued to block the merger last year; the judge’s decision rejects the government’s argument that the merger will hurt…
Newser

Justice Department Urges Alternative Remedies in AT&T-Time Warner Deal

April 30, 2018 |

The Justice Department, making its final case against AT&T’s planned acquisition of Time Warner, urged a judge to consider “alternative” remedies if he chooses not to block the merger outright.
WSJ.com: US Business

Justice Department makes final plea to judge to halt AT&T’s proposed purchase of Time Warner or significantly scale it back

April 30, 2018 |

The government on Monday made its final plea to a federal judge to block AT&T Inc.’s $ 85.4-billion purchase of Time Warner Inc. or order it significantly scaled back, arguing that the combined company would be so powerful it would hinder competition and raise pay TV prices for consumers.

“This…


L.A. Times – Business

AT&T’s Randall Stephenson tries to close the deal on Time Warner merger at antitrust trial

April 19, 2018 |

AT&T Inc.’s top executive gave a vigorous defense of the proposed $ 85.4-billion deal to buy Time Warner, describing it as key to the company’s ability to compete with a new generation of high-tech competitors.

“This world is changing fast,” said Randall Stephenson, who took the witness stand at…


L.A. Times – Business

Time Warner CEO Jeff Bewkes calls government antitrust allegations ‘ridiculous’

April 19, 2018 |

Time Warner Inc.’s chief executive testified Wednesday that the government’s assertions that AT&T Inc. wanted to buy the company to use its programming as leverage over distributors “makes no sense” because it would limit viewership.

“I think it’s ridiculous. It’s not how this works,” Jeff Bewkes…


L.A. Times – Business

AT&T wants to buy Time Warner to ‘weaponize’ its content, government says in opening arguments of antitrust trial

March 23, 2018 |

The biggest U.S. antitrust case of this century kicked into high gear Thursday as a government lawyer warned that AT&T Inc. wants to buy media giant Time Warner Inc. to “weaponize” its must-have content — a move that would raise prices for consumers and hinder innovation.

“Time Warner would be…


L.A. Times – Business