AT&T CEO: DOJ never demanded CNN sale in Time Warner deal

Peter Castro
November 12, 2017

U.S. authorities have told AT&T and Time Warner they must sell the CNN news channel or satellite operator DirecTV to get the green light for their merger, a source close to the deal told AFP on Wednesday.

Manne said he sees the Justice Department's remarks as "part of a settlement negotiation".

Stephenson said several times on Thursday that a combined AT&T and Time Warner will create a data and advertising company whose competitors will be the newest and most disruptive entrants into the media sector, Inc, Facebook Inc, Netflix Inc and Alphabet Inc's Google, not other wireless phone companies.

Delrahim has said he prefers "structural" changes to a deal, like selling off assets, rather than having the government monitor a company's promises to abide by certain conditions, as was done with Comcast. In light of Trump's frequent critiques of CNN, the move raised questions about Trump's possible political interference in what is supposed to be an impartial economic analysis.

President Donald Trump indicated the Justice Department may try to block AT&T Inc.'s proposed purchase of CNN owner Time Warner Inc., saying "it will probably end up being maybe litigation".

Vehicle driver 'deliberately' rams into passers-by near Toulouse, injures 3
Several post-18 colleges are located on the campus, including the International Institute of Trade and Development. According to two police officials, the suspect was born in 1989 and known to suffer from a psychiatric disorder.

"I do feel you should have as many news outlets as you can - especially since so many are fake", he told reporters on Air Force One.

"I did make a comment in the past as to what I think", Trump said.

Forcing a sale of CNN could harm the news network, if a buyer doesn't have the same deep pockets as AT&T and Time Warner to support newsgathering. "DOJ will say, 'Hey, we are a strong cop on the beat.' And everyone walks away happy".

In an email provided by a DOJ spokeswoman, White House spokesman Raj Shah said that Trump "did not speak with the attorney general about this matter", and that "no White House official was authorized to speak with the Department of Justice on this matter".

Other reports by PlayStation Move reviews

Discuss This Article