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Old June 12th, 2018, 12:54 PM   #1
RNG
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AT&T can buy Time-Warner

AT&T wins: Judge clears $85 billion bid for Time Warner with no conditions


Note the "with no conditions. Just wow. On the day net neutrality died. Watch this space now.

Quote:
A federal judge said Tuesday that AT&T's $85.4 billion purchase of Time Warner is legal, clearing the path for a deal that gives the pay-TV provider ownership of cable channels such as HBO and CNN as well as film studio Warner Bros.

U.S. District Court Judge Richard Leon did not impose conditions on the merger's approval.

Shares of Time Warner jumped nearly 5 percent in extended trading. Shares of AT&T dropped more than 2 percent.

The decision comes after a six-week trial. The Justice Department sued last year to block the merger, citing concerns that AT&T, owner of satellite television provider DirecTV, could charge rival distributors more for Time Warner content, resulting in higher prices for consumers.

AT&T countered that the logic doesn't hold up since the point of owning content is to get widespread distribution, which brings in affiliate fees and advertising revenue.

AT&T, also the No. 2 wireless carrier in the U.S., said it was buying Time Warner in October 2016 to diversify its revenues and also become a media powerhouse that could attract consumers by bundling entertainment with mobile service. CEO Randall Stephenson has said the deal would help AT&T compete against tech giants like Amazon and Netflix, which are investing more in content.
https://www.cnbc.com/2018/06/12/att-...er-ruling.html
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Old June 12th, 2018, 01:00 PM   #2
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That's not good, folks.
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Old June 12th, 2018, 01:45 PM   #3
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Originally Posted by leekohler2 View Post
That's not good, folks.


AND it opens the door for other YUGE mergers!
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Old June 12th, 2018, 01:57 PM   #4
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How can we blame this on trump?
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Old June 12th, 2018, 02:20 PM   #5
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How can we blame this on trump?
Obviously Ivanka was seen speaking to the chairman of a division of AT&T on the same latitude of a Russian embassy somewhere. Although it can not be confirmed if it was AT&T employee, were pretty sure about the latitude thing. Therefore she had a meeting with daddy, according to anonymous sources, who then called up the court, also from a anon source, and informed them of what to do because Putin obviously used new Russian telepathy, to Ivanka, who made the initial contact with the unknown person, we assume is the AT&T chairman of something or another.
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Old June 12th, 2018, 02:27 PM   #6
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Originally Posted by guy39 View Post
Obviously Ivanka was seen speaking to the chairman of a division of AT&T on the same latitude of a Russian embassy somewhere. Although it can not be confirmed if it was AT&T employee, were pretty sure about the latitude thing. Therefore she had a meeting with daddy, according to anonymous sources, who then called up the court, also from a anon source, and informed them of what to do because Putin obviously used new Russian telepathy, to Ivanka, who made the initial contact with the unknown person, we assume is the AT&T chairman of something or another.
Awesome. Thanks for connecting the dots for me.
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Old June 12th, 2018, 02:31 PM   #7
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Originally Posted by Sabcat View Post
How can we blame this on trump?
We can't. This has been going on long before Trump. The blame is with Congress not strengthening and enforcing the Sherman anti trust act that was enacted for this very purpose. Something that needs to become a priority again, and these mega corporations broken up.

Of course if Trump doesn't speak out against it, and propose Congress to revisit it, he is complicit.
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Old June 12th, 2018, 02:37 PM   #8
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How can we blame this on trump?
Trump is a shabbos goy who is interested in pursuing the agenda of the Zionist Jews while seemingly opposing the International Jewry, but yet still furthering their goals regardless.

One must question where your information comes from. When all media outlets are bought out by corporations whose board of directors are lined with Stars of Davids, well, you know you've been had.
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Old June 12th, 2018, 02:40 PM   #9
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Originally Posted by Sabcat View Post
How can we blame this on trump?


https://www.reuters.com/article/us-t...-idUSKBN1J82QX
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Old June 12th, 2018, 03:40 PM   #10
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Damnit, thats fake news. It says Trumps administration tried to block it. You know thats a lie! Nazi, something racist about something Russia
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