AT&T is expecting to lose over 1 million TV subscribers in the third quarter of this year, amid increased competition from online streaming services. Meanwhile, AT&T’s shareholders are telling the company that buying DirecTV was a big mistake.
In 2010, AT&T argued against the Comcast/NBC merger on the grounds that it would create the sort of unfair advantage that AT&T now seeks for itself in its merger with Time Warner.
For those wondering why the proposed AT&T/Time-Warner merger might not be such a good idea, look no further than the corrupting influence Time Warner is already having on Rotten Tomatoes when it comes to protecting Justice League from hideous reviews.
Seven liberal and conservative groups wrote a letter to AG Jeff Sessions, urging him to block the merger between AT&T and Time Warner.
The summer box office season kicked off with a bang last weekend as Marvel’s Guardians of the Galaxy Vol. 2 rocketed to a $146 million opening, but Hollywood could see its first big bomb of the season this weekend as Warner Bros.’ expensive tentpole King Arthur: Legend of the Sword is projected to open in the $25 million range.
NEW YORK (AP) — AT&T’s $85 billion purchase of Time Warner may be getting an easier path to approval after the chief telecommunications regulator says it isn’t likely to review the deal.
Two big corporations, AT&T (worth $221 billion at last count) and Time Warner (worth $66 billon), want to combine to become even bigger, and yet in response, the two major American political parties are not to be found in their usual ideological positions.
