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Old 11-08-2017, 01:19 PM  
Taco John Taco John is offline
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DOJ demands CNN be sold

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Old 11-08-2017, 02:26 PM   #16
DaneMcCloud DaneMcCloud is offline
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Quote:
Originally Posted by Donger View Post
They are demanding that CNN's parent company be sold, not CNN. I had no idea that CNN's parent company was TBS...
AT&T, which also owns Direct TV, has been waiting for approval to purchase Time Warner, which owns HBO, Warner Bros. movie studios and cable channels that include CNN, TNT, Turner Sports and TBS.

I don't understand why the DOJ is threatening to sue the new entity if they don't sell off Direct TV or TBS related entities, when they approved mega deals like Comcast purchasing NBC/Universal and Charter (now Spectrum) purchasing Time Warner Cable.

NBC/Universal owns several Spanish language channels, SyFy, USA Network, NBC Sports Network and many others.

Weird.
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Old 11-08-2017, 02:43 PM   #17
Taco John Taco John is offline
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Quote:
Originally Posted by Detoxing View Post

It's just what you WANT to be true.
I don't actually care. I just find it interesting.

...and no, I don't think that it's a coincidence. I don't believe in coincidences, especially these days.
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Old 11-08-2017, 02:46 PM   #18
DaneMcCloud DaneMcCloud is offline
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Quote:
Originally Posted by Taco John View Post
I don't actually care. I just find it interesting.

...and no, I don't think that it's a coincidence. I don't believe in coincidences, especially these days.
This makes zero sense.

The DOJ doesn't want AT&T to have a monopoly, so they've threatened to sue if the deal is approved.

The DOJ's conditions are that AT&T sells Direct TV, or they sell Turner Broadcasting, which consists of True TV, TNT, TBS, CNN, Cartoon Network and several other entities.

If they sell Direct TV, the DOJ won't sue.

If they sell Turner Broadcasting, the DOJ won't sue.

No one, including the DOJ, is specifically targeting CNN.
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Old 11-08-2017, 02:48 PM   #19
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Quote:
Originally Posted by DaneMcCloud View Post
This makes zero sense.

The DOJ doesn't want AT&T to have a monopoly, so they've threatened to sue if the deal is approved.

The DOJ's conditions are that AT&T sells Direct TV, or they sell Turner Broadcasting, which consists of True TV, TNT, TBS, CNN, Cartoon Network and several other entities.

If they sell Direct TV, the DOJ won't sue.

If they sell Turner Broadcasting, the DOJ won't sue.

No one, including the DOJ, is specifically targeting CNN.
It's all literally in the link he posted.

Again, either really ****ing stupid, piss ass reading comprehension, or purposely trying to mislead.
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Old 11-08-2017, 02:59 PM   #20
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Originally Posted by baitism View Post
The country would be better off if people just watched the local news.
Thanks to loosing regulation and restrictions for broadcasting companies in the 90s and current efforts to further loosen regulation and restrictions (completely removing the need for a TV company to have a local personalities) most local news isn't "local" and what is actually "local" may not stay local for long.

You have major international companies states or nations away writing the same news script for all their little owned "local" stations.
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Old 11-08-2017, 03:01 PM   #21
DaneMcCloud DaneMcCloud is offline
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Quote:
Originally Posted by Detoxing View Post
It's all literally in the link he posted.

Again, either really ****ing stupid, piss ass reading comprehension, or purposely trying to mislead.
And the thing is that while the DOJ may sue, the DOJ could easily lose.

AT&T isn't in direct competition with Time Warner - they're two completely different types of entities.

This isn't Sprint purchasing T-Mobile, this is a provider of wireless and internet services purchasing a company that creates content, not unlike the Comcast/NBC-Universal deal.
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Old 11-08-2017, 03:04 PM   #22
Amnorix Amnorix is offline
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Quote:
Originally Posted by Detoxing View Post
It's all literally in the link he posted.

Again, either really ****ing stupid, piss ass reading comprehension, or purposely trying to mislead.

Look, if Drudge says it, or even hints at it, IT'S ****ING TRUE, ALRIGHT?

And if TJ thinks it, because tinfoil hat, THAT IS ALSO ****ING TRUE, ALRIGHT?

And everything is ALWAYS about grand conspiracies and misdirection, and the absolutely last thing you can believe is anything the government actually says. In fact, that is usually precisely 180 degrees from the actual truth, ALRIGHT?!

Now get on board, the ship is ****ing leaving, with or without you! Choose wisely!
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Old 11-08-2017, 03:05 PM   #23
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Quote:
Originally Posted by DaneMcCloud View Post
And the thing is that while the DOJ may sue, the DOJ could easily lose.

AT&T isn't in direct competition with Time Warner - they're two completely different types of entities.

This isn't Sprint purchasing T-Mobile, this is a provider of wireless and internet services purchasing a company that creates content, not unlike the Comcast/NBC-Universal deal.
Yes, but the years of delay and massive costs/headaches generally make it FAR easier to comply. Government regulation at it's finest.
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Old 11-08-2017, 03:12 PM   #24
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Quote:
Originally Posted by Pogue View Post
CNNís valuation is in the tank, nobody wants it.
Yet it never goes away and always stays relevant doesn't it? I bet "CNN" is used on this very forum 10-100 times everyday.
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Old 11-08-2017, 03:21 PM   #25
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Quote:
Originally Posted by DaneMcCloud View Post
AT&T, which also owns Direct TV, has been waiting for approval to purchase Time Warner, which owns HBO, Warner Bros. movie studios and cable channels that include CNN, TNT, Turner Sports and TBS.

I don't understand why the DOJ is threatening to sue the new entity if they don't sell off Direct TV or TBS related entities, when they approved mega deals like Comcast purchasing NBC/Universal and Charter (now Spectrum) purchasing Time Warner Cable.

NBC/Universal owns several Spanish language channels, SyFy, USA Network, NBC Sports Network and many others.

Weird.
AT&T's stock is at a 52 month low. They are really struggling. If this merger fails, they might have a new CEO
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Old 11-08-2017, 03:29 PM   #26
DaneMcCloud DaneMcCloud is offline
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Quote:
Originally Posted by RunKC View Post
AT&T's stock is at a 52 month low. They are really struggling. If this merger fails, they might have a new CEO
I find that their services are overpriced and underrated.

I recently switched from Sprint to T Mobile and passed on AT&T because it was $65 dollars more per month and had a cap on data usage.

AT&T internet tops out at 18 Mbps for the same price as Spectrum's 100 mbps package.

Since AT&T purchased Direct TV, their customer service, which was never really a highlight, has become worse.

AT&T is a mess.
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Old 11-08-2017, 03:33 PM   #27
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Quote:
Originally Posted by Pogue View Post
CNNís valuation is in the tank, nobody wants it.
CBS wants it to merge with its news operations to make a more efficient news unit.
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Old 11-08-2017, 03:42 PM   #28
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Originally Posted by Black Bob View Post
Yet it never goes away and always stays relevant doesn't it? I bet "CNN" is used on this very forum 10-100 times everyday.
If CNN is referenced here itís usually so we can all laugh at them. Their ratings are in the trash. Nobody wants it.
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Old 11-08-2017, 03:47 PM   #29
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Basic antitrust stuff, fellas.

I couldn't even begin to figure out how to put together an HHI score on this one, but if the HHI score is too high and they determine the market is too concentrated, then the DOJ can sue to prevent the acquisition and merger.

The Anthem/Cigna merger is pretty much the exact template you'd be looking at here. There's nothing really sinister about it; it's pretty much basic math. Now I'd be out over my skis trying to get too far into the woods on how that's calculated (I'm a long time removed from that particular bit of study), but it's hard to see this as anything worth more than a shrug over.

The Illuminati didn't step in and put a stop to this one or anything...
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Old 11-08-2017, 03:47 PM   #30
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Originally Posted by DaneMcCloud View Post
I find that their services are overpriced and underrated.

I recently switched from Sprint to T Mobile and passed on AT&T because it was $65 dollars more per month and had a cap on data usage.

AT&T internet tops out at 18 Mbps for the same price as Spectrum's 100 mbps package.

Since AT&T purchased Direct TV, their customer service, which was never really a highlight, has become worse.

AT&T is a mess.
I agree with this. I have AT&T for everything. Their wireless service is dogshit - when I'm on the train, I'm lucky if I can watch a 90 second YouTube video, let alone actually stream anything. At home, it's better, but certainly not great.

However, the only real alternative is Comcast for home service, and **** them forever.
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