By some measures, it might be said that this was the week that AT&T finally cemented its hold over TimeWarner, the media company it acquired last summer for around $85.4 billion. First, the telephone company prevailed against the Justice Department, whose appeal to block the deal was defeated in court a second time. Then, days later, two of TimeWarner’s longtime media executives, Richard Plepler of HBO and David Levy of Turner, resigned. The new AT&T overlords have emerged victorious, but their apparent win carries...

Source: Wall Street Journal March 02, 2019 00:33 UTC