T-Mobile and Sprint merger ‘unlikely’ to happen without major changes
According to Wall Street Journal's sources, Department of Justice told T-Mobile and Sprint that their $26 billion merger is "unlikely" to receive approval under the current structure. DOJ officials are questioning claims that the merger would create "important efficiencies."
Hulu buys back AT&T’s stake, leaves Comcast and Disney as owners
Hulu reached a deal with AT&T to purchase back its 9.5 percent stake in the company, worth about $1.43 billion. At this time, it's uncertain how this deal with affect content or power of control, but Hulu chief Randy Freer said AT&T's WarnerMedia would continue to be a "valued partner" for "years to come." AT&T said that it will use the funds to "reduce its debt."