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
LATEST BLOG POSTS
Calif. Governor’s race: Travis Allen interview Republican Assemblyman Travis Allen represents Huntington Beach. Allen missed out on President Trump’s endorsement, but he says he still supports him and his agenda. Allen talks to us about immigration, his support for a border wall, and… Read More
The most competitive races and measures on the Santa Barbara and Ventura primary ballot It’s primary season! Voter materials have already arrived for those with vote-by-mail ballots, and election day is quickly approaching on Tuesday, June 5. Santa Barbara June primaries Here’s a look at… Read More