Brian Fung, The Washington Post Published 4:37 pm, Monday, March 26, 2018 Photo: AP Photos AT&T is battling the Justice Department over its proposed merger with Time Warner AT&T is battling the Justice Department over its proposed... Amid sky-high cable bills, many TV viewers have sought to cut costs by firing their TV providers and switching to a relatively new crop of online alternatives offering fewer channels at a lower price. These so-called "skinny bundles" are often streamed live over the internet and on mobile devices, creating new experiences for TV fans. But that video revolution could be threatened if the government allows AT&T to buy Time Warner, according to one of America's first providers of live, streaming skinny bundles. Under AT&T's ownership, Time Warner could force those new TV providers to take on more channels than customers of those services want or need, Warren … [Read more...] about ‘Skinny’ TV bundles threatened if AT&T merges with Time Warner, says Dish
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Comcast (CMSCA) couldn't win any popularity contests before Wednesday's Senate Judiciary Committee hearing on its controversial $45.2 billion acquisition of Time Warner Cable (TWC) -- and it won't gain any friends after it.The dilemma facing the world's largest cable company was evident in the testimony of Comcast Senior Vice President David Cohen, who as The New York Times noted, "played down the likelihood of higher prices for consumers" while also declining to back off earlier comments that the Philadelphia-based company couldn't promise that cable bills will go down or increase less rapidly because of the merger. However, he also emphasized to the Committee: "There is absolutely nothing in this transaction that will result in increase in prices for Comcast customers. Nothing." He said that's partly because Comcast's and Time Warner's service territories don't overlap.Unfortunately, cable prices have been skyrocketing even as the industry consolidates. Data from the Federal … [Read more...] about Will Comcast’s Time Warner deal mean higher bills?
Last Updated Nov 20, 2017 6:31 PM EST The Department of Justice has sued to stop AT&T's (T) proposed $85.4 billion acquisition of Time Warner (TWX), saying the merger would harm competition, lessen innovation and result in higher costs for consumers. According to the complaint, which was filed in district court Monday, the combined company would "harm consumers by substantially lessening competition among traditional video distributors and slowing emerging online competition."With Time Warner, AT&T "would have the power to make its video distributor rivals less competitive by raising their costs, resulting in even higher monthly bills for American families," according to the complaint. "The merger also would enable the merged firm to hinder the growth of online distributors that it views as a threat to the traditional pay-TV model."As a condition for approving the merger, the Justice Department has been pressing the telecommunications and media giants to sell Turner … [Read more...] about Justice Department sues to block AT&T, Time Warner merger
Including what Trump has to do with the possible $85 billion block Jennifer Maas, provided by Published 7:01 pm, Monday, March 19, 2018 Image 1of/1 CaptionClose Image 1 of 1 Here’s Everything You Need to Know About the U.S. Gov’s Lawsuit to Kill the AT&T-Time Warner Merger 1 / 1 Back to Gallery Time Warner and AT&T stepped into the courtroom Monday with Uncle Sam. The two media companies have been trying to get together in an $85 billion deal that the Justice Department doesn’t want to see happen. The U.S. government filed to block the potential merger in a lawsuit back in November. The trial — expected to last as long as two months — begins Monday, with reporters banned from bringing electronic devices into the courtroom. Here is everything you need to know about the case, including why Donald Trump might want to see the deal fall through. Recommended Video: Now Playing: The U.S. … [Read more...] about Here’s Everything You Need to Know About the U.S. Gov’s Lawsuit to Kill the AT&T-Time Warner Merger
Both sides ramp up the drama in court documents before planned March 19 showdown Matt Donnelly, provided by Published 5:42 pm, Friday, March 9, 2018 Image 1of/1 CaptionClose Image 1 of 1 The ‘Star Wars’ Defense: Feds, AT&T and Time Warner Bicker in Juicy Pretrial Filings 1 / 1 Back to Gallery Antitrust proceedings might not sound like the sexiest spectator sport, but the Department of Justice and hopeful couple AT&T and Time Warner ratcheted up the drama in legal filings on Friday, ahead of their looming showdown in court. The government floated a conspiracy theory that the combined companies will hold content hostage — Warner Bros. movies and HBO’s “Game of Thrones” would be among the hostages in this scenario — in order to snuff out smaller competitors like YouTube. Lawyers for AT&T and Time Warner said the DOJ was blithely unaware of the competitive market for video product, … [Read more...] about The ‘Star Wars’ Defense: Feds, AT&T and Time Warner Bicker in Juicy Pretrial Filings