The Fox / Disney deal is a whole lot more likely in the aftermath of the AT&T / Time Warner merger. The Justice Department’s decision to sue against the AT&T / Time Warner deal sent shockwaves through the entertainment industry. It was the first real sign that the Trump Administration actually intended to follow through on the antitrust rhetoric that had been part of Donald Trump’s campaign. In this case, the Justice Department was opposing a merger that everybody had really expected to be approved.
Now, a Federal Judge has ruled against the Justice Department, and in favor of the merger. The deal is perfect for our digital age, combining AT&T’s distribution with Time Warner’s content. This decision is likely to have far-reaching implications, as it’s generally believed a lot of companies have held off on mergers and acquisitions while they awaited the outcome of the trial.
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