Veteran John Stankey will take over as AT&T CEO, on July 1 from Randall Stephenson. Stephenson has been criticized for controversial acquisitions of DirecTV and Time Warner which gave AT&T a large amount of debt. Stankey has been COO.
AT&T aquired Time Warner Media a couple years ago giving them access to a ton of different media platforms like Warner Bros. Studios, HBO, TNT, TBS, Cartoon Network and as the title states CNN. President Trump had said back in 2015/16 that he was going to do everything in his power to block the merger from happening given the way "CNN treats him".
Up until seeing this story had no idea that AT&T had anything to do with CNN. That seems like a very odd combination of businesses.
You state this as though the two are connected. What is the relationship??
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