Time Warner

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'Tough and Brilliant,' He Led Time Warner, Citigroup

Businessman Richard Parsons dies of cancer at 76

(Newser) - Richard Parsons, one of corporate America's most prominent Black executives who held top posts at Time Warner and Citigroup, died Thursday, reports the AP . He was 76. Parsons, who died at his Manhattan home, was diagnosed with multiple myeloma in 2015 and cited "unanticipated complications" from the disease...

A Giant Merger Is Cleared, Despite DOJ Objections

Appeals court blesses AT&T acquisition of Time Warner

(Newser) - A federal appeals court has cleared AT&T's takeover of Time Warner, rejecting a challenge from the Trump administration, per the AP . The ruling by the US Court of Appeals in Washington came Tuesday in the high-stakes case, approving one of the biggest media marriages ever. The appeals court...

Trump Warned Democrats of War. They're Digging In
Trump Warned Democrats
of War. They're Digging In
the rundown
Nov 12, 2018 11:54 AM CST

Trump Warned Democrats of War. They're Digging In

Axios cites a 'subpoena cannon' is ready to fire

(Newser) - A day after the midterms, President Trump warned that he would assume a "warlike posture" if Democrats used their new control of the House to aggressively investigate him. A slew of new stories suggests that Trump will have to assume that posture quickly. One of the phrases in circulation...

After Clinton, Obama Packages, CNN HQ Is Evacuated

NYPD is on the case at Time Warner Center

(Newser) - First came a pipe bomb discovered Monday in George Soros' mailbox, then the announcement Wednesday of the Secret Service's interception of "two suspicious packages" meant for the offices of Hillary Clinton and Barack Obama (Clinton's package was said to contain a "functional explosive device"). Now...

DOJ Appeals Judge's Decision on AT&T-Time Warner Deal

A judge ruled last month that the Department of Justice failed to show the deal violated anti-trust law

(Newser) - The US Department of Justice has filed an appeal of a judge's decision last month to allow a merger of AT&T and Time Warner. The AP reports that the DOJ filed the appeal Thursday in a bid to block the deal, which federal officials argue would make the...

Judge OKs AT&T Merger With Time Warner
Judge OKs AT&T Merger
With Time Warner
UPDATED
Jun 12, 2018 3:57 PM CDT

Judge OKs AT&T Merger With Time Warner

Approves merger government had moved to block

(Newser) - A federal judge approved the $85 billion mega-merger of AT&T and Time Warner on Tuesday, a move that could usher in a wave of media consolidation while shaping how much consumers pay for streaming TV and movies. US District Judge Richard Leon green-lit the merger without adding major conditions...

How You Can React to the End of Net Neutrality
How You Can React to
the End of Net Neutrality
the rundown
Jun 11, 2018 9:25 AM CDT

How You Can React to the End of Net Neutrality

Some recommended steps, including actually caring about 'terms of service' updates

(Newser) - June 11 isn't just the day that IHOP reveals what IHOb means: It's also the day that net neutrality is officially no more, a move put in place by a December FCC vote . The Obama-era rule forced internet service providers (ISPs) like Comcast and AT&T to treat...

Justice Dept. Sues to Stop AT&T/Time Warner Merger

The government says the deal would weaken competition

(Newser) - The Justice Department is suing AT&T to stop its $85 billion purchase of Time Warner, setting the stage for an epic legal battle with the telecom giant, the AP reports. The government claims that consumer cable bills will rise if the merger goes through, saying the deal would "...

Some Fear Trump Is Meddling in Merger to Target CNN

Sen. Brian Schatz wants an investigation amid allegations that DOJ wants network sold

(Newser) - Lawmakers are calling for an investigation into possible "political interference" amid accusations that the Justice Department is pushing for the sale of CNN before it will approve AT&T's merger with Time Warner. Sources tell Politico the DOJ gave the companies an "ultimatum" Monday demanding they drop...

Jared Kushner Complains About CNN to Its Parent

He says the network is being unfair to his father-in-law, President Trump

(Newser) - Jared Kushner recently met with an executive from CNN's parent company and complained about what he sees as the network's unfair and anti-Trump coverage, the Wall Street Journal reports. Sources say President Trump's son-in-law and adviser took his concerns to Time Warner's Gary Ginsberg, with whom...

CNN Sued for Racial Discrimination
CNN Sued for Racial
Discrimination
Dec 8, 2016 6:24 PM CST

CNN Sued for Racial Discrimination

Class action lawsuit filed against CNN, Turner, Time Warner

(Newser) - Current and former black employees of CNN and Turner Broadcasting filed a class action lawsuit against the companies and their parent company, Time Warner, this week, the Atlanta Journal-Constitution reports. The employees allege racial discrimination. CNN producer DeWayne Walker sued the network individually in January, claiming he was skipped over...

Sources: AT&T Agrees to Buy Time Warner for $80B

The deal creates a 'behemoth' new media company

(Newser) - AT&T has agreed to buy Time Warner in a deal valued at more than $80 billion, the Wall Street Journal reported Saturday, quoting sources close to the deal. According to its sources, the wireless provider will pay between $105 and $110 per share. The acquisition of Time Warner—which...

AT&T Pondering Huge 'Land Grab' Media Merger

Sources say firm is in talks with Time Warner

(Newser) - A new communications behemoth may be emerging soon: Insiders tell Bloomberg that over the last few weeks, senior execs from AT&T and Time Warner have been discussing strategies including a possible merger. Reuters notes that telecom companies like AT&T have been making a "land grab" for media...

TV, Internet, Phone Prices Have Spiked in Last 5 Years

And service isn't getting any better

(Newser) - You probably don't need another reason to hate your cable provider, but here's one anyway: The average customer's bill in 2015 is nearly $42 higher than in 2010, NBC News reports. That's an increase of 35%, according to market research firm SNL Kagan, which says bundling...

Major ISPs Cheating Us on Internet Speeds We Pay For
Major ISPs Cheating Us on Internet Speeds We Pay For
STUDY SAYS
Jun 23, 2015 2:51 PM CDT

Major ISPs Cheating Us on Internet Speeds We Pay For

Nation's largest ISPs slowing down networks affecting 75% of wireline households

(Newser) - Thanks to new FCC rules put out this year to ensure net neutrality and keep all online data equal, major Internet service providers (think Verizon, AT&T, Time Warner) aren't supposed to hold our Internet speeds hostage. But that's exactly what's happening, per a study by an...

Comcast: Time Warner Deal Is Off

Comcast CEO makes it official in interview

(Newser) - As rumored yesterday , Comcast today announced it's dropping its $45 billion bid for Time Warner Cable after heavy regulatory pushback. A merger of the No. 1 and No. 2 US cable companies would have put nearly 30% of TV subscribers and about 55% of broadband subscribers under one roof,...

Comcast, Time Warner Deal Is Off: Reports

Feds were opposed, though it's not official yet

(Newser) - Apparently, Comcast's meeting with the feds didn't go well yesterday. The company plans to scrap its deal to take over Time Warner and create a gargantuan cable company , reports Bloomberg . Neither company is saying anything publicly, but the New York Times and CNBC have confirmed the news with...

Cable Giants Try to Limit Cities' Internet Service

US Telecom targets Chattanooga, TN, and Wilson, NC

(Newser) - Municipalities, take note: A group representing cable giants like Time Warner and Comcast is pressing US officials to stop two cities from expanding high-speed Internet services, the Guardian reports. Those cities—Chattanooga, TN, and Wilson, NC—are already providing unusually fast 1GB-per-second service to residents. Chattanooga's broadband helped trigger...

Fox Drops Bid to Grab Time Warner

Rupert Murdoch is moving on

(Newser) - A deal that would have combined two of the world's biggest media companies is no more—21st Century Fox is abandoning its attempt to take over Time Warner . The about-face announced today comes three weeks after Time Warner revealed that it had rejected 21st Century Fox's unsolicited $76...

Jon Stewart Launches 'Kickstarter' to Buy CNN

Parody site promises perks for contributors who pony up

(Newser) - Time Warner kicked Rupert Murdoch’s $80 billion takeover bid to the curb last week, but the media giant is still trying to woo the cable telecommunications company by raising more money, reports Bloomberg . One wrench in that plan? Jon Stewart ... kinda. The host of The Daily Show last night...

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