1 Way the Trump Presidency Could Upend the Media Industry in 2017
For cable and telecom investors, the year ahead figures to be an important one, particularly in light of AT&T‘s (NYSE:T) proposal to acquire media giant Time Warner (NYSE:TWX). Deciding whether this potentially transformational deal goes through will fall to the FCC and the DOJ, appointed by the President-elect. The only problem is that it’s almost impossible to predict exactly what that means for the AT&T-Time Warner acquisition.
AT&T’s Time Warner deal: More than just a buyout
Beyond the mind-boggling sums involved — AT&T has offered over $80 billion for Time Warner — this aquisition will cast a long shadow over the telecom and cable industries whether it goes through or not. – READ MORE