After refusing to take a question from CNN in what people are calling a “furious tirade,” President-elect Trump is meeting with communications giant AT&T.
The company is in the process of seeking federal approval for a mega merger with Time Warner, who owns CNN.
On Thursday, CEO of AT&T, Randall Stephenson, senior executive vice president of the company for Internal and Legislative Affairs, Robert Quinn and a third unidentified individual visited Trump Tower to speak with the president-elect.
The merger, worth $85 billion, would ensure that AT&T owned not only Time Warner, but its assets, including CNN, HBO, Warner Brothers Studios, DC Entertainment – which owns Batman, Superman and a series of other superheroes – and the TBS and TNT television networks.
Trump accused the network of supplying ‘fake news’ after it published an unsubstantiated Intelligence Dossier that Trump and President Obama had been provided. It included a summary of claims the Russians had compromising material on the president-elect.
Analyst Craig Moffett of MoffettNathanson told the New York Post, “If AT&T had to spin off CNN to get the deal approved, I suspect they would be willing to do so.”
“Based on everything AT&T has said publicly, their principal interest is in Time Warner’s entertainment properties, not their news business,” he continued.
During the press conference Trump told CNN reporter, Jim Acosta, “Your organization is terrible,” refusing to allow him to ask a question.
Thursday morning, while the AT&T execs waited to speak with him, Trump continued his attack on CNN tweeting that CNN “is in a total meltdown with their FAKE NEWS because their ratings are tanking since election and their credibility will soon be gone!”
.@CNN is in a total meltdown with their FAKE NEWS because their ratings are tanking since election and their credibility will soon be gone!
— Donald J. Trump (@realDonaldTrump) January 12, 2017
In a speech Trump gave in October, he said, “As an example of the power structure I’m fighting, AT&T is buying Time Warner and thus CNN, a deal we will not approve in my administration because it’s too much concentration of power in the hands of too few.”
Trump’s administration will determine whether the merger between the two companies receives approval.
H/T: Daily Mail
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