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Media conglomerates and mergers


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#161
Ryusei the Morning Star

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I hope they appeal it, I want the Supremes to rule on the matter


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#162
Phantom Roxas

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Same, the Supreme Court needs to rule on this. However, the DOJ really needs to step up their game on this. Richard Leon's ruling was that he could not predict how the merger would turn out. While I think the DOJ was correct in predicting AT&T's behavior, ultimately they were asking the judge to rule on how they think AT&T might act, not how they have actually acted. If it goes to the full appeals court or even the Supreme Court, the DOJ needs to make their case about what AT&T has done since the merger went through. Make the case about why the merger should be broken up now, not about the theories against why it shouldn't have happened in the first place.



#163
Nathanael D. Striker

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Well, it seems the DoJ have no plans to appeal (the article mentions that), so game over.

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#164
Phantom Roxas

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Disappointed, but not surprising. The merger has long since been properly integrated that I can't see the DOJ doing much to change anything anyway.

 

https://deadline.com...art-1202566686/

 

The possibility of Disney acquiring AT&T's 10% stake in Hulu has come up before, and it seems that with this appeal over, AT&T can focus more on reducing its debt, and selling that stake would help to do just that.



#165
Phantom Roxas

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https://www.newyorke...ews-white-house

 

This article largely focuses on how Fox News has operated as a propaganda machine for the current administration, but it does bring up that former chief economic advisor Gary Cohn was in fact ordered by Trump to oppose the AT&T/Time Warner merger. While the merger did need to be opposed, this continues to make the case that the DOJ was acting under Trump's bad faith, and for him to make this demand constitutes an impeachable offense.



#166
Nathanael D. Striker

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CNN: Disney says its Fox takeover will take effect on March 20.
https://www.cnn.com/...deal/index.html

Mark your calendars, folks. Disney is about to get a taste of what rests in the dark of the night.

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#167
Phantom Roxas

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https://www.cnbc.com...15-billion.html

https://www.latimes....0425-story.html

 

This thread has lagged behind a bit, but let's stick with the regular companies of this thread. Hulu has repurchased AT&T's minority stake in the service, and Disney and Comcast are having talks about Comcast selling its own stake. I've been expecting for a while, but looks like we're indeed getting close to Disney fully acquiring Hulu.



#168
Phantom Roxas

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https://variety.com/...eal-1203214338/

 

Disney and Comcast have struck a deal where Comcast can retain a 33% ownership of Hulu, but Disney will still purchase Comcast's stake over the next five years, and as such, Disney now has full operational control of Hulu.






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