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Media & Comm, most read: AT&T, DOJ lock horns; Meredith buying Time Inc.

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Media & Comm, most read: AT&T, DOJ lock horns; Meredith buying Time Inc.

Here are the most read stories of the week.

Rethinking antitrust's role in digital advertising competition

With Alphabet Inc. and Facebook Inc. dominating digital advertising, some economists and antitrust experts suggest mergers of traditional providers AT&T Inc. and Time Warner Inc. should be approved, while others believe regulators should limit the size of the new media giants.

CAPITAL Letters: Facebook focused on video but economics still fuzzy

Immersive video including augmented reality and virtual reality are the hot products under development at Facebook at present, blogger Bishop Cheen wrote in his post. He recently visited Facebook’s sprawling Willow Road campus in Menlo Park, Calif., during an exclusive tour for attendees of the National Association of Broadcasters Futures conference.

AT&T, DOJ lock horns over merger trial's start date

AT&T and the U.S. Department of Justice are locked in a dispute over when to start the trial for the latter's lawsuit to block the telecom giant's merger with Time Warner Inc., Deadline reported Nov. 28. In a motion with the U.S. District Court for the District of Columbia, AT&T said it wants the trial to begin on or about Feb. 20, 2018. However, the U.S. government, through the DOJ, proposed the trial to start May 7, 2018.

Meredith to buy Time Inc. in $2.8B deal backed by Koch Brothers

Meredith Corp. agreed to buy Time Inc. in an all-cash transaction valued at $2.8 billion. The U.S.-based media conglomerate will pay $18.50 per share for the New York-based publisher of the TIME magazine.

Meredith's acquisition of Time likely to spur asset sales: news analysis

Analysts expect the combined company to divest some well-known magazines that do not align as closely with the rest of its women's and lifestyle portfolios. The deal, expected to close in the first quarter of 2018, would result in a combined entity with readership of 135 million and paid circulation of nearly 60 million.