AT&T, the second largest wireless provider in the nation, announced its purchase of satellite television giant DIRECTV for nearly $50 billion. The companies said the takeover will allow for more bundling of mobile, TV and Internet plans, and they will serve a combined 26 million video users. Matt Wood of Free Press and Jim Nail of Forrester Research join Gwen Ifill to discuss the move. Continue reading
AT&T’s proposed takeover of satellite television giant DirecTV faced some scrutiny Monday morning, fewer than 24 hours after the deal’s announcement.
Appearing on CNN’s “New Day,” Sen. Al Franken, D-Minnesota, said he’s “very skeptical” of the merger and would like to see some congressional hearings on the issue. Continue reading
As the Federal Communications Commission and anti-trust regulators scrutinize a proposed merger between XM and Sirius satellite radio, Gwen Ifill talks to a media analyst about the timing of the deal and its implications for satellite radio listeners. Continue reading
The Federal Communications Commission late Friday approved News Corp.’s $6.6 billion purchase of DirecTV, the nation’s largest satellite television provider, a move critics say will lead to higher prices and less choices for consumers. Continue reading