In a shock to most people in the industry, news broke this week that 21st Century Fox had been in talks about selling off a large percentage of its company to Disney. Those talks are now on pause, but Fox is clearly in play. And then, the AT&T and Time Warner deal seemed like it was all set to go, but that deal hit a snag when the Department of Justice said that Time Warner would have to sell CNN. This seems strange, since there's no threat of vertical or overlapping integration with the two larger companies. The demand from the Justice Department may well be politically motivated -- Donald Trump is a vocal critic of CNN and constantly accuses them of putting out "fake news."
FROM THIS EPISODE
More From Hollywood Breakdown
Cosby found guilty in the first major conviction of the #MeToo era Bill Cosby has been found guilty of all three counts of aggravated indecent assault. This verdict was handed down after a mistrial last summer. A lot has happened in the interim, including the fall of Harvey Weinstein and others.
Saudi crown prince launches charm offensive in Hollywood Mohammed bin Salman, the crown prince of Saudi Arabia, has been on a tour of LA this week. He's rented out the entire Four Seasons for his entourage and had an intimate dinner with Rupert Murdoch, Bob Iger and other Hollywood honchos.
LATEST BLOG POSTS
California’s 25th Congressional District: Can Republican Steve Knight fights hang on to his seat? California’s 25th District of Santa Clarita could be up for grabs in this year’s midterms. KCRW’s Chery Glaser spoke to Dan Schnur, a political strategy expert and professor at USC’s… Read More
Remembering Schoolhouse Rock! musical director Bob Dorough You may not know the name Bob Dorough, but there is a very good chance you know his music. The jazz musician and composer, who passed away this week at… Read More