Back in October 2016, it was confirmed that
AT&T was moving forward with purchasing Time Warner for $85. billion USD. But the deal has faced opposition from none other than the U.S. Department of Justice which sued to block the deal on grounds that anticompetitive laws were being broken and a monopoly was going to be formed.
AT&T Chief Executive Randall Stephenson recently told investors, "While we remain open to finding some reasonable solutions to address the government’s concern, we do expect this case will ultimately be litigated in court. We remain very confident that we’ll complete this merger."
A trial to decide the whether the deal will be allowed to proceed begins on March 19.
The Wrap's recent report on the current state of WB's DC Films Universe ends with:
If the merger fails, an individual close to the company told TheWrap that Time Warner would likely be broken up into parts and sold separately as Warner Bros., HBO and Turner — leaving the fate of DC Comics a bit up in the air.
If such an event unfolds and Time Warner begins selling its assets separately, there's a chance that Warner Bros. and DC Entertainment may end up in separate homes. If that comes to pass, Superman, Batman, Wonder Woman and the rest of the Justice League may soon discover that they'll be making their films on a new studio lot. Given the disheartening direction DC Film adaptations have trended, perhaps that's a blessing in disguise?