A big new report on the AT&T-Time Warner deal says that the DOJ has told AT&T it “needs to sell CNN” to get the deal approved.
According to the Financial Times, several people familiar with negotiations have said the DOJ’s telling AT&T to sell CNN, but AT&T is not only opposed to that, but ready to “take the Trump administration to court.”
And while there is no direct indication of President Trump‘s involvement, all of these reports do note his, well, hatred of CNN.
DOJ has not said what “structural remedies” it expects the companies to make, the sources said, though the request is being interpreted as pressure to sell off Time Warner-owned CNN, a frequent target of President Donald Trump’s anger.
“The only reason you would divest CNN would be to kowtow to the president because he doesn’t like the coverage,” one source said. “It would send a chilling message to every news organization in the country.”
[image via screengrab]
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