AT&T and Watch Four Riders (Hellfighters of the East) OnlineTime Warner have reportedly agreed to merge in a deal that would make them one of the biggest media distribution and production conglomerates in the world. But under a Trump administration, that deal might not fly.
"As an example of the power structure I'm fighting, AT&T is buying Time Warner and thus CNN, a deal we will not approve in my administration because it's too much concentration of power in the hands of too few," Republican presidential candidate Donald Trump said during a rally Saturday.
Time Warner owns HBO and the Turner Broadcasting System, which includes CNNand a host of other channels. (Turner made an investment in Mashable this year.)
The two companies reportedly agreed to AT&T's $80 billion acquisition of Time Warner on Saturday. An announcement is expected as soon as Saturday night.
The deal wouldn't close until late 2017, so a Trump administration could very well affect the acquisition's chances. Under any president, the deal will be highly scrutinized by regulators.
SEE ALSO: Mega merger alert: AT&T to pay $80 billion for Time WarnerAccording to CNN, Trump also said Saturday he would look into breaking up the 2011 merger of Comcast and NBCUniversal. That deal is the most recent to resemble AT&T's proposal.
The position is an unusual one for a Republican. Usually Democrats are the ones to rail against big-business mergers and acquisitions. President Barack Obama's administration approved Comcast's purchase of NBCUniversal.
This Tweet is currently unavailable. It might be loading or has been removed.
(Editor: {typename type="name"/})
U.N. confirms the ocean is screwed
Closing ceremony delayed because everyone wanted a Simone Biles' selfie
Emily Blunt on what it's really like to play Mary Poppins
When vandals destroyed a couple's pride flag, the neighborhood put up 40 more
Skype is finally shutting down
Switch 2 Nintendo Direct: Everything announced
The wait is almost over, Nintendo fans.During today's Nintendo Direct event livestream, we received
...[Details]
Little League coach stops by pitcher's mound to tell his son he loves him
Not a baseball fan? No worries: this mid-game pep talk will still make you cry.During a Little Leagu
...[Details]
Shoppers spent 30 billion dollars on Alibaba for Singles Day this year
Never underestimate the power of single people buying themselves stuff. Chinese e-commerce giant Ali
...[Details]
California erupted in flames overnight. Here's why.
Newly-born fires torched bone-dry Northern and Southern California throughout the night of November
...[Details]
Best IPL deal: Save $80 on Braun IPL Silk·Expert
SAVE $80: As of May 13, the Braun IPL Silk·Expert is on sale for $299.94 at Amazon. That's a
...[Details]
Artists honor late Stan Lee with stunning Marvel inspired portraits
The death of Stan Lee, age 95, has been felt by many, but the loss has been particularly profound fo
...[Details]
"Finally I can see my sims fuck in first person." We were all thinking it, but this Twitter user sai
...[Details]
Trump might still be able to play Rihanna's music at rallies
Rihanna has struck a blow to the Donald Trump team by denying their rallies the rights to play her m
...[Details]
Is it 'Thunderbolts*' or *The New Avengers'?
Marvel Studios unveiled a bold marketing strategy to promote Thunderbolts* with a promotional billbo
...[Details]
Here’s what 100 mini drones look like at Rockettes holiday show
The Christmas Spectacular Starring the Radio City Rocketteshas taken place every holiday season in N
...[Details]
NYT mini crossword answers for April 24, 2025
Amazon to sell more Apple products, but there's a catch
接受PR>=1、BR>=1，流量相当，内容相关类链接。