Does AT&T/Time Warner OK Signal More Media Mergers?



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.

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