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US District Court judge Richard Leon has approved AT&T's $85B deal to acquire Time Warner, a transaction opposed by president Trump.
He ruled the transaction would not violate antitrust laws.
The Justice Dept. claimed the mega-merger would squash competition in the pay TV business.
The ruling is expected to trigger a wave of further consolidation in the media business.
Comcast, for instance, has said its all-cash $60B bid for 21st Century Fox was contingent on AT&T's getting the federal green light for its Time Warner acquisition.
Walt Disney Co. has a $52B deal to acquire 21CF.
Established through a founding gift from 2025 Page Hall of Fame inductee and former Weber Shandwick Global CEO Andy Polansky, the fund is meant to serve as a catalyst for empowering future senior communications leaders as well as increasing the diversity in the chief communications officer pipeline.
Some well-honed communications strategies typically deployed in an activist situation must be set aside when the activist is also the founder of the company. Such situations require a more tailored response: one that respects the founder’s credibility without conceding the company’s future, addresses shareholders’ financial interests while acknowledging questions of legacy, and anticipates that the fight may be as personal and persistent as it is strategic.
Molly Fogarty, who rose to head of corporate affairs & sustainability at Nestle during a nearly 23-year stint, will join Brunswick Group as a partner in DC on Sept. 14.
Senior leaders have been exiting newly combined agencies since the wave of integrations started—the kind of departures that don't always make headlines but show up in who's running client accounts six months later.
Why CEO visibility is no longer optional as a communications tactic.
