The Department of Justice has called on AT&T and Time Warner to sell all or part of the Turner Broadcasting Group—the group of cable networks that includes CNN—or to sell off DIRECTV and keep the cable networks as a potential requirement for approving the pending deal.
AT&T is asking for their deal to buy Time Warner to be approved without any preconditions.
Now it is all in the hands of the judge to rule if the AT&T-Time Warner merger will be approved or if the Department of Justice lawsuit will successfully block the deal.
The case has drawn attention from all sides including Sling TV’s President Warren Schlichting, who testified against the merger. “We would lose a lot of subs,” Schlichting said, during an hour and a half of testimonies at the U.S. District Court in Washington, D.C. “There would be severe bleeding. It would be a lose/lose for us, and a win/win for them.”
So how do you think the judge should rule? Should the merger be approved or blocked? Leave us a comment and let us know what you think.
Did you know we now have a FREE app for iOS, Android, and Amazon Fire? Click HERE to download our app.