• HEDGEYE’S MARKET BRIEF
    Our FREE Investing Newsletter
    Get Exclusive Summer Sale Discounts

    By joining our email marketing list you agree to receive marketing emails from Hedgeye. You may unsubscribe at any time by clicking the unsubscribe link in one of the emails. All Hedgeye products and services are subject to Hedgeye’s Terms of Service available at www.hedgeye.com/terms_of_service

Several forces seem to be working against a potential merger between AT&T and Time Warner, but a deal between the two media giants is still likely to get done.

That’s according to Hedgeye Telecommunications & Media Policy sector head Paul Glenchur, as he lays his latest thinking regarding the merger in the detailed 10-minute video above.

Antitrust violation has been a concern of democratic legislators, but as Glenchur says:

“The burden of proof remains with the DOJ to demonstrate the transaction would impose significant harm on consumers.”

Adding yet another wrinkle to this complicated story is President Trump’s ongoing grudge against Time Warner-owned CNN. Court deliberations begin March 19th.

Watch the video above for more.