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US Congress Has Anti-Trust Beef With Warner-Discovery Merger Which Could Negatively Impact CNN And DC Comics
https://boundingintocomics.com/2021/12/13/us-congress-has-anti-trust-beef-with-warner-discovery-merger-which-could-negatively-impact-cnn-and-dc-comics/ ^

Posted on 12/15/2021 1:03:51 AM PST by ProfessorGoldiloxx

"AT&T assets such as CNN and DC Comics could be turned inside out, in a good way, by the incoming merger of WarnerMedia and Discovery into Warner Discovery and Congress is taking action.

In a letter obtained by The Hollywood Reporter and sent to Attorney General Merrick Garland and Justice Department antitrust chief Jonathan Kanter, thirty Democrat Congressmen including Elizabeth Warren and Alexandria Ocasio-Cortez said the merger raises “significant” concerns over “competition in the media and entertainment industry.”

“This transaction raises significant antitrust concerns,” the letter said. “In particular, the merger threatens to enhance the market power of the combined firm and substantially lessen competition in the media and entertainment industry, harming both consumers and American workers. In light of these concerns, we respectfully urge the Department to conduct a thorough review of this transaction to ensure that it does not harm American consumers and workers by illegally harming competition.” ..."

(Excerpt) Read more at boundingintocomics.com ...


TOPICS: Government
KEYWORDS: merrickgarland; pleaselearnhowtopost; urlisnotthesource

1 posted on 12/15/2021 1:03:51 AM PST by ProfessorGoldiloxx
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To: ProfessorGoldiloxx

So as of now AT&T still owns CNN and the rest, and has for over 5 years so they are responsible for the communist propaganda the channel spews.


2 posted on 12/15/2021 1:04:00 AM PST by ProfessorGoldiloxx
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To: ProfessorGoldiloxx

That’s right. Think of it this way... Every time you pay your phone bill, you’re subsidizing Anderson Cooper and Jim Acosta in a small way. Every time your landline rings, Don Lemon gets his wings.


3 posted on 12/15/2021 2:05:11 AM PST by irishjuggler
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To: ProfessorGoldiloxx

https://en.wikipedia.org/wiki/List_of_mergers_and_acquisitions_by_Meta_Platforms

Formerly facebook - 92 acquisitions or mergers


4 posted on 12/15/2021 2:29:36 AM PST by Pollard (PureBlood -- youtube.com/watch?v=VXm0fkDituE)
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To: ProfessorGoldiloxx

Why now? Concentration of the media has been going on for decades.


5 posted on 12/15/2021 3:34:14 AM PST by virgil (The evil that men do lives after them )
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To: ProfessorGoldiloxx
The future for these "media" outlets is death or merger before death.

The viewers and advertisers have moved on, starting decades ago.

6 posted on 12/15/2021 4:25:49 AM PST by T.B. Yoits
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To: ProfessorGoldiloxx
CNN AND DC Comics? That's redundnt.
7 posted on 12/15/2021 4:39:17 AM PST by norwaypinesavage (Capitalism is what happens when you leave people alone.)
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To: virgil

because the DEMONRATS would loose their propaganda CNN arm


8 posted on 12/15/2021 10:56:11 AM PST by markman46 (engage brain before using keyboard!!!)
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