Latest in Time Warner

Gerald M. “Jerry” Levin, the former CEO of Time Warner who helped oversee its calamitous merger with AOL, died Wednesday in Long Beach, CA. He was 84. His death was confirmed to The New York Times by his grandchild, Jake Maia Arlow. Levin had been diagnosed with Parkinson’s disease but no details…

One America News, the upstart far-right media outlet best known for doggedly backing Donald Trump before, during and after his presidency, got about 90% of its financial backing from AT&T. That eye-opening news, which met with pushback from the telecom giant, was reported in an investigative piece by Reuters. The news…

Longtime corporate raider Carl Icahn, who famously tried to break up Time Warner in 2006 and takeover Lionsgate in 2010, announced a succession plan Thursday where his son Brett to succeed him as CEO of the family's investment business — in seven years. During that time, the younger Icahn will join the board, manage a…

UPDATED with stock movement, Trump comments: AT&T shares rose more than 4% to $37.88 in early trading Monday – one of the stock’s biggest one-day gains in months – after activist hedge fund Elliott Management disclosed a $3.2 billion stake in the telecom and media giant. The news attracted the interest of President…

The White House has declined a request by two House Democrats for documents that could show whether President Donald Trump tried to block AT&T’s $85 billion acquisition of Time Warner. White House counsel Pat Cipollone said in a letter dated Monday to Judiciary Chairman Jerry Nadler (D-NY) and antitrust subcommittee…

Craig Moffett, a veteran Wall Street analyst who has been tracking AT&T along with the larger media, telecom and digital realm for more than a generation, cast a wary eye on the management reshuffling at AT&T’s WarnerMedia. In a blog post this morning, the influiential MoffettNathanson partner said the news of Bob…

John Stephens, Senior EVP and CFO of AT&T, said Tuesday’s legal victory over the U.S. Department of Justice in a 16-month battle will free the combined company to take full advantage of synergies. At the same time, he said the parent company is taking pains to protect WarnerMedia from “a financial bean counter from a…

Maybe it's because Donald Trump likes to use Game of Thrones imagery as props, but the Department of Justice today has conclusively given up on its long running effort to stop AT&T acquiring Time Warner. "We are grateful that the Court of Appeals considered our objections to the District Court opinion," said DOJ…

AT&T has defeated President Donald Trump’s Department of Justice in a long-running legal fight over its acquisition of Time Warner. A three-judge panel on the U.S. Court of Appeals for the District of Columbia Circuit ruled unanimously that the $81 billion transaction was not harmful to consumers or competitors…

The frenetic pace of mergers and acquisitions that reshaped Hollywood in 2018 is likely to slow in 2019, after media companies spent this year racing to adapt to a new world order in which technology giants have forged direct relationships with consumers and recommend entertainment experiences that are tailored to an…

A panel of three judges hearing the government’s appeal of its lawsuit aiming to block the AT&T-Time Warner merger peppered a Department of Justice lawyer with critical questions while going notably easier on the attorney for AT&T. This morning’s nearly two-hour session at the District of Columbia Circuit of the U.S…

More than a year after government regulators sued AT&T to block the Time Warner merger, the media business trial of the century reaches a pivotal moment Thursday in Washington with oral arguments in the government’s appeal. Golden Globe nomination reactions and the usual end-of-year scramble will be preoccupying the…