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These accusations and theories that were flying around that when the administration first sued to stop at&t from merging with cnn's parent company then called time warner, that it was all about politics. the administration said for months it's not about politics, but about antitrust grounds and many in the anti-trust community, even those who wanted further government intervention said that this was a week case and as we saw that case failed in court and on the appeal. now, it wasn't just president trump who wanted to stop this deal, but we also have to keep in mind that william barr, the curr...

What does it mean to own the news? i ask because as of this week, at&t owns cnn. it's a first of its kind marriage. they own hbo, warner brothers, tbs, it's a deal that's been 20 months in the making and a deal opposed by candidate donald trump when it was announced. >> 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. >> now fast forward a year. as you know, trump's justice department sued to block the deal on antitrust grounds. at&t suspected trump was playing politics. time warner th...

Differently. we are seeing with the emergence of new companies. silicon valley spending tens and tens of billions on entertainment programming. >> ruppert has managed to assemble a stellar group of assets. we are getting high quality content, global reach. >> murdoch says he insisted that iger stay on. quashing media speculation that murdoch's son might be headed to disney. the justice department must approve the deal on antitrust grounds. murdoch's son says it's about returning to our roots. rupert murdoch, who began a newspapers, has always been a news junkie above all. >> bret: thank you. u...

What that was about is this company itt wanted to merge with some other companies. justice department sued them on antitrust grounds and said no, you can't merge with the other companies, you can't buy those other companies. and then nixon quite bluntly arranged for that suit by the justice department to be dropped, to be settled, in exchange for itt giving the republican party a whole bunch of money. the itt scandal was basically an adjunct to the whole watergate scandal. it was a whole tangent in the prosecutor's office where they went after just the itt scandal. they got the attorney genera...

Charlie gasparino and gary calpon are here. charlie, where is this going to court? >> i just reported on fox business, every major telecom executive looking to buy something including rupert murdock is looking at this deal. this is a sign that you have to stop everything now and see where the courts come out on it. it's going to be hard for us to sell our studios, sky news, some of those tv assets to comcast because of the view they're taking. most people thought it was a slam dunk. a vertical merger. not much competition internally. if disney is going to buy our movie studios, they'll control...