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John Janedis, an analyst at Jefferies, warned clients on Friday that an appeal was highly unlikely to change the decision, and could take a year or more.
AT&T’s new WatchTV service is entering a fairly fragmented market, and it has the power to shake things up
The company announced its new pay-TV option just days after finalizing the much-anticipated acquisition of Time Warner, and the alternative to DirecTV offers an unbundled service for less money.
HBO, Warner Bros. Studios, CNN, Bleacher Report, and a number of television networks will now be owned by AT&T. The company hopes it will now be able to compete with Amazon and Netflix.
Fox surges as AT&T’s court victory appears to give its Disney deal the green light — but a bidding war could be on the horizon
A Comcast takeover of Fox would be similar to AT&T’s so-called “vertical” merger with Time Warner in that it would combine two markedly businesses working at separate parts of the ecosystem. Comcast, a distributor of content, would have access to Fox’s popular franchises as well its its studios.
"Everything's on the line now for the Department of Justice," Gene Kimmelman, a former DOJ antitrust official who now runs a consumer advocacy group, said. "They either come out as enormous victors … or they’ll face an avalanche of new transactions if they lose this case."