Time Warner, the media titan that owns everything from HBO to Warner Bros., spent much of last year in limbo as its proposed $85 billion megamerger with AT&T ran into a Justice Department-sized roadblock. The courtroom battle over whether the deal constitutes an antitrust violation rages on. In the meantime, the company continues to see double-digit-percentage growth in its HBO and Turner divisions, offset by declines in its Warner Bros. unit.
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One country at a time.
“We made a mistake in entering into this engagement and, as a consequence are being criticized."
As part of a probe of the distribution of sports media rights.
Troll level: Masterful.
The ripple effect could go well past the media industry.