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AT&T may have to sell CNN to merge with Time Warner
12 November 2017, 01:53 | Erma Lawrence
Donald Trump vowed to stop the deal while running for presidency
However, another source said Murdoch had "zero interest" in owning the network.
The deal's holdup has raised suspicions of political retaliation - even from people who oppose the deal entirely. The White House has said Trump has not spoken to the attorney general about the matter.
Trump during a campaign appearance in 2016 called the merger "an example of the power structure I'm fighting" and called it "a deal we will not approve in my administration because it's too much concentration of power in the hands of too few".
The official the president referred to was DOJ anti-trust chief Makan Delrahim, a Trump appointee who has threatened to block the deal in court unless AT&T sells off either Turner Broadcasting or its DirecTV service-the latter option impossible as it would undermine the entire basis of the merger.
"I do feel you should have as many news outlets as you can - especially since so many are fake", he told reporters on Air Force One. He said the company had been ready to go to court the day the deal was announced. AT&T shares rose 1.6 percent to $33.97. The companies had been planning to finalize the deal by the end of the year, and just last week AT&T said it was confident it would win approval for the deal since it does not involve direct competitors. Obama-era regulators in 2011 approved a similar media merger, cable company Comcast's purchase of NBCUniversal, after Comcast agreed to a slew of business requirements. Requiring AT&T to sell either Turner or DirecTV would be in line with Delrahim's thinking. Opponents are pushing for conditions that would limit AT&T's ability to charge media rivals higher prices to carry Time Warner content. It would then supply its video - HBO, CNN, TBS and the Warner Bros. movie studio - while providing access to the internet for millions of Americans. Several Democratic lawmakers have also pushed back against the combination. "Beyond that, the Department does not comment on any pending investigation".
New Champion Crowned On Smackdown Live (SPOILERS)
Jinder Mahal was champion for about six months, or 139 days, defeating Randy Orton at Backlash on May 21st in a surprise. With Styles now reigning as WWE World Champion, he will fill Mahal's spot as the representative of the blue brand.
Veterans honored at Richfield Springs Central School
There will be a soup, bake and craft sale with vendors at the Beech Creek-Blanchard Fire Company Social Hall from 9 a.m.to 4 p.m. Groups from the school system participating included music ensembles from Veterans Elementary and the Howard High School JROTC.
Emenalo quits key role at Chelsea
But the Telegraph reports that Antonio Conte's unhappiness with Chelsea's summer transfer activity has led to tension at the club. The former Notts County defender joined Chelsea in October 2007 and has been technical director since July 2011.