In a decision issued Tuesday, Judge Richard Leon of the U.S. District Court for the District of Columbia approved the proposed merger of AT&T and Time Warner. In doing so, he rejected the “must-have” programming theory that was the core of the government’s antitrust case seeking to block the merger. The “must-have” programming theory asserts … Continue Reading
As has been widely reported, Sinclair Broadcast Group reached a $3.9 Billion cash and stock agreement in May with Tribune Media Company. The agreement calls for Sinclair to acquire Tribune Media and its 42 broadcast television stations, among other media assets. Just before the July 4 holiday, the companies filed a series of transfer of … Continue Reading
