RBR+TVBR INFOCUS
In a widely watched move that was reported by news organizations across the U.S. Tuesday afternoon, U.S. District Judge Richard León ruled that AT&T may move forward — without any conditions — with its $80 billion-plus merger with Time Warner Inc.
It’s a “historic defeat” for the U.S. Department of Justice, the Wall Street Journal reports. But, will this decision open the floodgates for more media consolidation, with Sinclair Broadcast Group‘s still-to-be-approved merger with Tribune Media the first of a new wave of company combinations? Leading brokers and D.C. communications attorneys are split on the answer.
