09 NOV

Trump’s DOJ wants AT&T/Time Warner to sell CNN or DirecTV before merger

The Trump administration is asking AT&T and Time Warner Inc. to sell off either CNN or DirecTV in order to win government approval of their merger, multiple news outlets reported today.

AT&T has owned DirecTV since 2015 and is now seeking federal approval to purchase Time Warner Inc., the owner of programming such as HBO, CNN, and Warner Bros.

AT&T could gain approval for the deal by having Time Warner sell Turner Broadcasting, the division that includes CNN, according to reports today by The New York Times and CNBC.

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Ars Technica

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