Ownership

Apparently during the 2016 presidential campaign, National Enquirer executives sent digital copies of the tabloid’s articles and cover images related to Donald Trump and his political opponents to Trump’s attorney Michael Cohen in advance of publication — an unusual practice that speaks to the close relationship between Trump and David Pecker, chief executive of American Media Inc., the Enquirer’s parent company.

Facebook announced an expansion of several initiatives to combat the spread of misinformation on the social network used by more than 2 billion people. Facebook acknowledged that fake news reports and doctored content have increasingly become image-based in some countries, making it harder for readers to discern whether a photo or video related to a news event is authentic. The company said it has expanded its fact-checking of traditional links posted on Facebook to photos and videos.

Internet retailers can be required to collect sales taxes in states where they have no physical presence, the Supreme Court ruled in a 5-4 decision. Brick-and-mortar businesses have long complained that they are disadvantaged by having to charge sales taxes while many of their online competitors do not. States have said that they are missing out on tens of billions of dollars in annual revenue under a 1992 Supreme Court ruling that helped spur the rise of internet shopping. On June 21, the court overruled that ruling, Quill Corporation v.

MoffettNathanson analyst Craig Moffett says that AT&T-Time Warner's court victory should not be seen as a green light for vertical mergers (ones combining distribution with content), particularly ones involving an ISP and a content company, say Comcast-Fox for instance. Moffett argues that the Department of Justice tried the wrong case by focusing its argument on the combination of the Turner linear networks and distributor DirecTV (owned by AT&T) and the alleged impact on Turner's independent distributors--increased consumer prices to consumers.

When the biggest platforms seem to be flailing or punting on problems, it’s often because they’re trying to address broad social issues with market solutions. They’re rediscovering, at scale and at great expense to their users, the ways in which a society is more than a bazaar, and the pitfalls of allowing human attention to be sold and resold as a commodity. If a platform is addressing a collective problem in a maddeningly strange way, consider that it might see itself, or only know to govern itself, like an eBay.

Smaller cable operators are getting an assist from the American Civil Liberties Union in their effort to block the Sinclair-Tribune deal.  In a filing with the Federal Communications Commission, the ACLU pulled out all the stops, invoking viewpoint diversity and the legal underpinnings of media ownership regulation to argue the deal should be rejected. It also spent some some time defending cable operators from what it said were the threats from the deal.

Apparently, Walt Disney Co. is close to winning US antitrust approval for its $71 billion deal for 21st Century Fox Inc.’s entertainment assets, creating a potentially insurmountable hurdle for a rival bid from Comcast. The Justice Department is set to approve the deal in as soon as two weeks, according to an unnamed source. Disney has agreed to sell some assets to address competition problems stemming from the tie-up. 

While offering billions in a bidding war for most of 21st Century Fox’s TV and film assets, both Disney and Comcast are also on the front lines of a battle of words, each trying to position its bid as the one most likely to gain regulatory approval from the government. To be sure, both deals would likely be scrutinized by the Justice Department for different reasons. “I’m not prepared to say which is better positioned,” said Georgetown Economics and Law professor Steve Salop .

The Communications Workers of America, National Association of Broadcast Employees and Technicians-CWA, the NewsGuild-CWA, and the Parents Television Council have all filed petitions with the Federal Communications Commission asking it to deny the merger between Sinclair and Tribune, which would create the largest broadcast group in the country with over 200 stations.

Apparently, federal authorities have subpoenaed the publisher of the National Enquirer for records related to its $150,000 payment to a former Playboy model for the rights to her story alleging an affair with Donald Trump. The subpoena from Manhattan federal prosecutors requesting information from the publisher, American Media Inc., about its August 2016 payment to Karen McDougal is part of a broader criminal investigation of President Trump’s former personal lawyer, Michael Cohen.