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Barton_Keyes

Acquisition of TCM's parent company called off

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Via: https://www.washingtonpost.com/news/the-switch/wp/2017/11/20/the-justice-department-just-sued-att-to-block-its-85-billion-bid-for-time-warner/?utm_term=.b1622890cfe2

The United States Department of Justice announced on November 20, 2017 that is launching a lawsuit to block the acquisition by telecom giant AT&T of Time Warner, parent company of CNN, HBO and TCM among many other cable networks. This sets the stage for one of the most high-profile antitrust cases in decades. Should the acquisition eventually be approved, concern has been expressed by some that AT&T will use its immense power to raise prices on both consumers and corporate rivals. However, some have also expressed concern that the Justice Department is only pursuing the case because CNN, a notable Time Warner property, has been highly critical in its coverage of the American President.

It'll be interesting to see how this one plays out, and I'm sure we haven't heard the last of it.

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Unrelated to the ongoing soap opera cycle, AT&T/Directv is lowering all their prices for new customers.  This is the first I have heard of this, nice to see them paying attention to the market.  It would be even nicer if that plan propagated to existing Directv customers as well.
https://www.fiercecable.com/operators/at-t-drops-directv-and-u-verse-prices-looks-to-slow-declines

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