All hail the new media god AT&T Time Warner

[maurvir]

https://www.reuters.com/article/us-time ... SKCN1QF1XB

WASHINGTON (Reuters) - A U.S. appeals court approved wireless carrier AT&T Inc’s deal to buy media company Time Warner on Tuesday, a defeat for the Trump administration which had argued the $85.4 billion merger would mean higher prices for consumers.

AT&T’s second major court victory against the Justice Department sets the stage for the No. 2 wireless carrier to integrate its WarnerMedia business as well as its new Xandr advertising unit.

The deal had been a target of criticism from U.S. President Donald Trump, who opposed it because he saw it helping Time Warner’s CNN unit, which he has accused of broadcasting “fake news.”

The three-judge panel on the U.S. Court of Appeals for the District of Columbia ruled unanimously in favor of the deal. The decision could end a 15-month effort by the Justice Department to block the deal.

[juice]

I was wondering why Trump cared until I read the second to last line.

[DukeofNuke]

It really sucks the way they took HBO off of Dish, just to try to drive customers to Direct TV.

[user]

OMG this is worse than AOL Time Warner!

::clutches pearls::

[iDaemon]

“Time (Warner) marches on!” Now that’s progress!

user, could ya lend me some pearls to clutch, plz? Mine are reduced to dust after reading this.

[Warin]

OMG this is worse than AOL Time Warner!

::clutches pearls::

AO what?

[user]

Man, there was such a collective freak-out when that happened. Now I bet a lot of people don't even know about it.

[iDaemon]

It does have the redeeming feature that it was absolutely ill-considered and the parties I’ll-matched so that it was an abject failure. As some had the prescience to say beforehand - while also noting the insane stupidity of the move.