News of Elliott Management's stake helped push AT&T's stock price up more than 4%.
CBS will continue to negotiate in good faith and hope AT&T will agree to fair terms soon.
Ann Sarnoff becomes one of the highest-ranking woman in Hollywood.
'I believe that if people stoped using or subscribing to @ATT, they would be forced to make big changes at @CNN,' Trump says.
AT&T said the carrier will continue with the use of 5G E brand, short for 5G Evolution.
Richard Plepler, who helped create some of TV’s most memorable programs over three decades is leaving his post.
Since Woods returned to the game this year after his fourth back surgery, golf’s TV ratings have soared.
President Donald Trump had previously denounced the AT&T deal, vowing that his administration would block the merger because it would concentrate corporate power.
A major aim is to reduce the number of commercials now that customers are accustomed to ad-free services such as Netflix Inc
The name change means one of the most iconic names in media history -- Time -- is nearly gone.
AT&T agreed to temporarily manage Time Warner's Turner networks separately from DirecTV, including setting prices and managing personnel.
Takeover speculation sent shares of Lions Gate Entertainment Corp., Discovery Inc. and Viacom Inc. up.
Now the telecom giant faces an even bigger challenge: reviving a declining TV business.
The case had been closely watched as setting a benchmark for other big corporate tie-ups, especially in the media and communications sector.
The US government has argued in a trial that is nearing completion that the proposed deal would spur AT&T to charge its pay TV rivals more for Time Warner content.
The U.S. Justice Department called an economist on Wednesday to testify that allowing AT&T to purchase movie and TV production company Time Warner would cost consumers hundreds of millions of dollars, as the government wrapped up efforts to convince a federal judge to halt the proposed deal.
Bleacher Report Live will offer flexible pricing options including access to live games for purchase on an individual or subscription basis.
Opening arguments in the government's effort to block the merger of AT&T and Time Warner were to begin on Wednesday but have been pushed back to Thursday.
The move follows AT&T Inc’s decision earlier this month not to introduce the Mate 10 Pro to the US market.
Two congressional aides cite national security concerns behind calls for wireless carrier to snip ties with mobile giant.
The official told Yonhap the decision to temporarily halt production was taken in cooperation with consumer safety regulators from South Korea, the United States and China.
A judge orders the telecommunications giant to pay US$5 million in punitive damages.