Turner Chief Pushes Back on Core Justice Dept. Argument
If Media Giants Grow, So May Your Bills
The government doesn’t want you to pay too much to watch your shows. That’s why the Justice Department says it is challenging the proposed merger between AT&T and Time Warner.
By ERICA BERENSTEIN on Publish Date March 22, 2018.
Photo by Aaron P. Bernstein/Reuters.
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WASHINGTON — The head of Turner Broadcasting on Wednesday pushed back against one of the central arguments of the government’s case to block the AT&T and Time Warner merger, saying that his company’s channels would not be used as a weapon against rivals if the deal went through.
The Justice Department has argued that Turner, which is owned by Time Warner, owns “must-have” channels like CNN and TNT that the merged company would use as leverage in negotiations with other cable and satellite TV operators. But John Martin, the chief executive of Turner, told a federal court that his cha..