A federal appeals court on Thursday approved the expedited schedule proposed by the Justice Department in its appeal of AT&T's takeover of Time Warner. The DOJ is arguing that Judge Richard Leon, who ruled on the case, "rejected fundamental principles of economics" in his original decision, per court filings.
After dropping its pursuit of 21st Century Fox assets, Comcast has announced that it plans to continue its quest to acquire Sky. Whether Disney will continue to try to purchase the remaining 61% of Sky that Fox doesn't own remains to be seen; an acquisition would be a strategic one for Comcast, extending the company's global presence.
The Massachusetts Legislature has cast aside proposals to adopt a strong net neutrality law as supporters feared legal action due to federal pre-emption clauses. State senators were expected to vote today on a watered-down version that deals with transparency.
Pluto TV's content library is growing by over 200 titles thanks to a deal with Sony. Users of the free streaming service will have access to classic TV shows including "Bewitched" and movies such as "The Blob."
Comedy Central has acquired the rights to two adult animated series from 20th Television. "King of the Hill" will debut Monday, and "The Cleveland Show" will premiere this fall.
The Federal Communications Commission's decision to have Sinclair Broadcast Group's proposed acquisition of Tribune Media reviewed by a judge could not only halt the deal, but also have further legal implications. The FCC alleging potential "misrepresentation" and a "lack of candor" by Sinclair could lead to more challenges for the company, including fines and losing licenses, says one attorney.
ABC News is joining other broadcasters, including NBC News and CBS News, in looking beyond the TV to lure in new audiences. Broadcast networks are setting their sights on streaming platforms, which deliver live news to the 58% of Americans who rely on their mobile phones to receive the latest updates.
Government regulators have made several media ownership decisions this summer, all of which have gone in a manner seen as favorable to media mogul Rupert Murdoch. While some believe this may be due to Murdoch's relationship with President Donald Trump, it could be coincidence, writes Hadas Gold.
Federal Communications Commission Chairman Ajit Pai has been disclosing the commission's agendas at least three weeks before scheduled meetings. As a result, Congress is considering the FCC Transparency Act, which would require future chairmen to publish proposed actions on the FCC website at least 21 days in advance.
Disney's planned purchase of 21st Century Fox assets is coming into focus with Comcast now out of the race, leaving questions regarding the future of executive leadership. In addition to the expected layoffs of thousands of people, there are also rumors that operations will be divided into three main areas, two of which may be overseen by Kevin Maye and Bob Chapek, with Peter Rice and Dana Walden also being considered for executive positions post-merger.
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