Judges Question DOJ’s Arguments in Appeal of AT&T Antitrust Decision

WASHINGTON — AT&T’s merger with Time Warner faced a new round of judicial scrutiny on Thursday as a three-judge panel weighed whether there were clear errors in a district court decision that cleared the way for the transaction. The panel — Judith Rogers, a Clinton appointee; Robert L. Wilkins, an Obama appointee; and David Sentelle, a Reagan appointee — gave […]

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AT&T Gains Upper Hand On DOJ In Appeals Court Arguments Of Lawsuit Over Time Warner Deal

A panel of three judges hearing the government’s appeal of a ruling backing AT&T’s acquisition of Time Warner peppered a Department of Justice lawyer with critical questions, going notably easier on his opponent speaking for AT&T. This morning’s nearly two-hour session at the District of Columbia Circuit of the U.S. Court of Appeals included solo appearances by lawyers for both sides […]

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Will AT&T Get To Keep WarnerMedia? Oral Arguments In Appeals Court Will Help Determine The Answer

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 industry, but the case is being closely tracked in the corridors […]

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AT&T CEO Randall Stephenson: WarnerMedia Can Stream ‘Friends’ Too

After the recent fuss over the Netflix fate of evergreen sitcom Friends, AT&T CEO Randall Stephenson reminded attendees at the UBS media conference that the newly extended license to the Warner Bros. show is not exclusive. “That means Friends can go onto our platform as well,” he said, alluding to the direct-to-consumer service that AT&T’s WarnerMedia will launch in late […]

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WarnerMedia Chief John Stankey: Our “Flywheel” Approach Will Prevail As Netflix Library Gets “Thinner”

In outlining WarnerMedia’s strategy for direct-to-consumer streaming, CEO John Stankey relied heavily on language more common in engineering circles than lunch tables at the Brentwood Country Mart. He laid out the plans to a roomful of Wall Street investors and analysts eager to hear more details about the post-merger course of WarnerMedia parent AT&T, not wasting the chance to zing Netflix, […]

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AT&T Stock Gets Upgrade To Neutral From MoffettNathanson, But Firm “Still Bearish” On Strategic Direction

AT&T’s beleaguered stock has gotten an upgrade from sell to neutral from MoffettNathanson analyst Craig Moffett. The Wall Street veteran’s reasoning, though, offers little reassurance to investors who may be worried about the company’s massive debt and strategic direction. The company’s shares “have fallen so far and so fast, with such a dramatic divergence from Verizon, that it simply no […]

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Matt Whitaker Repeatedly Revised Financial Disclosure Forms Following AG Appointment

WASHINGTON ― Acting Attorney General Matthew Whitaker has revised his ethics disclosure forms at least five times since President Donald Trump appointed him after former Attorney General Jeff Sessions’ forced resignation.  Financial disclosure forms published Tuesday evening show that Whitaker took in $900,000 in salary from a “charity” organization that took aim at Democrats on ethics grounds as well as $1,750 in […]

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Trump claims Democrats are attempting to ‘steal’ election with ads touting Libertarian

WASHINGTON – President Donald Trump swiped at the Democratic Senate candidate in Indiana on Saturday, calling attention to a report that his campaign is working to split Republican voters by paying for ads that support the Libertarian candidate. Trump, who blasted Democratic Sen. Joe Donnelly in a tweet a day after holding a rally in Indianapolis, appeared to be reacting to a […]

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AT&T, Warner Bros. And RED Unveil Hydrogen One Phone, Taking Aim At Mobile “Sea Of Sameness”

AT&T, Warner Bros. and the maker of the RED camera, a favorite of filmmakers from David Fincher to Peter Jackson, are teaming up for the rollout of a super-high end mobile phone called the Hydrogen One. In a recent press preview event in New York, they unveiled the device, which will launch Friday in AT&T stores. The stakeholders see the […]

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AT&T Reports Mixed Results In First Full Quarter With WarnerMedia

In the first full quarter of operations with WarnerMedia in the fold, AT&T reported mixed results, narrowly missing Wall Street profit estimates but beating revenue expectations. Adjusted earnings per share of 90 cents marked an increase of 22% from 74 cents in the year-earlier quarter, but fell short of analysts’ consensus estimate of 94 cents a share. Revenue of $45.7 […]

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