Justice Department Tells Time Warner to Sell Off CNN Before Merging with AT&T

23 min
at 9:00 AM
An AT&T store is seen on 5th Avenue in New York on October 23, 2016. AT&T unveiled a mega-deal for Time Warner that would transform the telecom giant into a media-entertainment powerhouse positioned for a sector facing major technology changes. (Photo: Kena Betancur/AFP/Getty Images)

As a prerequisite for approving its pending $85.4 billion merger with AT&T, the Justice Department is calling for Time Warner to sell off Turner Broadcasting, a group of cable channels that includes CNN. The reported move marks a major departure from existing antitrust policy. We’ll get the latest on the long-in-the-works merger.

Guests:
James Fontanella-Khan,
mergers and acquisitions correspondent, Financial Times
Jessica Toonkel, correspondent, Reuters
Diana Moss, president, American Antitrust Institute

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