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/ ^

[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.” ..."

[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.

[irishjuggler]

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.

[Pollard]

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

Formerly facebook - 92 acquisitions or mergers

[virgil]

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

[T.B. Yoits]

The future for these "media" outlets is death or merger before death.

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

[norwaypinesavage]

CNN AND DC Comics? That's redundnt.

[markman46]

because the DEMONRATS would loose their propaganda CNN arm