White House Could Use AT&T/Time Warner Deal As ‘Leverage’ Against CNN

An anonymous reader shares an excerpt from a report via Ars Technica: AT&T seems to be on track to close its purchase of Time Warner Inc., but President Donald Trump’s hatred of Time Warner property CNN could still be a “wild card” in the deal. Trump’s feud with CNN was described yesterday in a New York Times article titled “The Network Against the Leader of the Free World.” Within that article is one tidbit that could affect AT&T’s proposed $85.4 billion purchase of Time Warner, which owns CNN and other media properties such as HBO and Turner Broadcasting System: “White House advisers have discussed a potential point of leverage over their adversary, a senior administration official said: a pending merger between CNN’s parent company, Time Warner, and AT&T. Mr. Trump’s Justice Department will decide whether to approve the merger, and while analysts say there is little to stop the deal from moving forward, the president’s animus toward CNN remains a wild card.”

Separately, The Daily Caller wrote today that Trump doesn’t want the merger to be approved unless CNN President Jeff Zucker is fired. The conservative news website attributed the information to “a source familiar with President Trump’s thinking.” Zucker told the New York Times that the pending merger has not affected his journalistic or management decisions.


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