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Trump Admistration will block Time Warner (CNN) and AT&T Merger
Posted on 2/16/17 at 9:19 pm
Posted on 2/16/17 at 9:19 pm
LINK
quote:
Jared Kushner Delivers Critique of CNN to Time Warner Executive
While the administration is battling a large swath of the media, the fight with CNN has special intrigue because its parent company has a massive piece of business awaiting government approval: a proposed $85.4 billion sale to AT&T Inc. Messrs. Kushner and Ginsberg, who have been friends for a decade and whose discussion covered a variety of issues including Israel and the economy, didn’t discuss the merger in their recent meeting, said the people familiar with the matter.
In the final stretch of the presidential campaign, Mr. Trump said he would block the agreement and singled out the news network in his statement. “AT&T is buying Time Warner, and thus CNN, a deal we will not approve in my administration,” he said. The deal will be reviewed by government agencies including the Justice Department.
Such rhetoric from a presidential then-candidate and meetings such as the one between Messrs. Kushner and Ginsberg are unusual, according to Mark Feldstein, journalism historian at the University of Maryland.
“Lord knows that every president has been angered by their news coverage, going back to George Washington,” said Mr. Feldstein. “But to engage in that kind of bare-knuckled tactics is extraordinary.”
Mr. Kushner has taken issue with specific CNN contributors including Van Jones, a Democrat who served in the Obama administration, and Ana Navarro, a Republican strategist, who have each criticized Mr. Trump in harsh terms, the people familiar with the matter said.
Posted on 2/16/17 at 9:21 pm to Rakim
Yeah, this is a great job by Trump. These two companies can not be allowed to merge. Maybe a bit of government oversight, but whatever. I wouldn't mind if Trump made media companies a similar issue to his administration as the banks were to Jackson.
Posted on 2/16/17 at 9:22 pm to Rakim
quote:
CNN contributors including Van Jones, and Ana Navarro,
2 pieces of filth that would better serve humanity by walking into oncoming traffic.
Posted on 2/16/17 at 9:22 pm to OMLandshark
Anything to screw CNN over is the goal...
Winning!!!
Winning!!!
Posted on 2/16/17 at 9:25 pm to Rakim
He won't win this battle. He is already given enough information in his biased statements that any attempt led by him would not hold up.
But we do love our big government now, don't we?
But we do love our big government now, don't we?
Posted on 2/16/17 at 9:26 pm to Rhino67
Why wouldn't opponents of CNN want a new ownership group?
Posted on 2/16/17 at 9:26 pm to Rakim
This is all part of the Swamp drain. Far to long has the govt allowed these already large companies to merge.
Posted on 2/16/17 at 9:27 pm to LSUTANGERINE
quote:
But we do love our big government now, don't we?
liberals now favor monopolies!
Posted on 2/16/17 at 9:30 pm to Rakim
They need to go to the 9th circuit.
Posted on 2/16/17 at 9:38 pm to Rakim
break up the cable tv monopoly and I'll campaign for Trump's second term.
Posted on 2/16/17 at 9:40 pm to OMLandshark
quote:
Maybe a bit of government oversight, but whatever.
Everything is relative but goddamn, these have to be the most hypocritical times ever for Conservatives in America.
Posted on 2/16/17 at 9:42 pm to LSUTANGERINE
I'm sure you get free wifi and govt subsidised cable therefore you don't give a frick.
Keep it real
Keep it real
Posted on 2/16/17 at 9:50 pm to CptBengal
quote:
liberals now favor monopolies!
In these modern digital times the thought that this will create anything close to a monopoly is a joke.
Posted on 2/16/17 at 9:52 pm to AUbused
What a fragile little boy Trump is. Maybe if Daddy would have loved him more and not shipped him off to school at 13 he'd be a descent, thick skinned, human being right now.
Posted on 2/16/17 at 9:54 pm to Rakim
quote:
Trump Admistration will block Time Warner (CNN) and AT&T Merger
Good.
Break up all those monopolies.
Posted on 2/16/17 at 9:59 pm to Sentrius
quote:Am I the only one that feels uncomfortable with the whole notion of the government's involvement in such matters?
Good.
Break up all those monopolies.
I get that it may be necessary, but a necessary evil. And necessary evils are unfortunate. I think they need to know that necessary does not mean ideal.
Posted on 2/16/17 at 10:19 pm to buckeye_vol
quote:
Am I the only one that feels uncomfortable with the whole notion of the government's involvement in such matters?
i bet you hated the idea of anti-trust against standard oil, ma bell, etc.
Posted on 2/16/17 at 10:24 pm to CptBengal
quote:Not comfortable =/= hate the decision.
i bet you hated the idea of anti-trust against standard oil, ma bell, etc.
Even if it's necessary and ultimately the correct decision, doesn't mean I have to feel good about the need for government intervention.
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