Jeff Bewkes, former CEO of Time Warner, sold his company to AT&T in a deal that closed last year. But Bewkes told CNBC that he believes vertical integration is a "fairly suspect premise."
AT&T CEO Randall Stephenson testified on Thursday in support of the telecom giant's proposed merger with Time Warner.
Bewkes is the highest profile executive to testify so far. AT&T CEO Randall Stephenson is expected to take the stand later this week.
If the Murdochs were willing to talk to Disney, they'll talk to someone else, too, Recode reports.
CNBC's Joe Kernen confirms Stephenson title will not change as AT&T undergoes major organizational changes.
The "Squawk on the Street" crew talks about the speculation of leadership changes at AT&T.
CNBC's Julia Boorstin provides highlights from this year's Code Conference where CBS & Viacom Vice-Chair Shari Redstone commented on the future of Viacom and the potential of new digital content. And Time Warner's Jeff Bewkes weighs in on the tech-content connection.
AT&T argues that Time Warner and its premium content, which includes HBO and CNN, would complement its distribution network.
This is a "basic" vertical merger, says Randall Stephenson, AT&T CEO, providing his thoughts on the likelihood of a deal between AT&T and Time Warner.
CNBC's Eamon Javers reports highlights on the hearing of the Senate Judiciary Committee with AT&T CEO Randall Stevenson and Time Warner CEO Jeff Bewkes on their proposed merger. CNBC's Julia Boorstin weighs in.
Jennifer Fritzsche, Wells Fargo Securities senior telecom analyst, and Craig Moffett, MoffettNathanson founder and senior analyst, discuss the Senate Judiciary Committee hearing on the AT&T-Time Warner merger. CNBC's Julia Boorstin weighs in.
CNBC's Eamon Javers speaks to Mark Cuban, AXS TV chairman, on the proposed merger between AT&T and Time Warner, and President-elect Donald Trump's tweets.
CNBC's Eamon Javers speaks to AT&T CEO Randall Stevenson about the company's proposed merger with Time Warner.
In a hearing of the Senate Judiciary Committee on the AT&T-Time Warner merger, Time Warner CEO Jeff Bewkes answers questions about leverage and incentives from the deal.
He is making the argument today at a Senate antitrust hearing, Recode reports.
In a hearing of the Senate Judiciary Committee on the AT&T-Time Warner merger, Mark Cuban, AXS TV chairman, speaks about the changing face of media and content.
CNBC's Eamon Javers speaks with AT&T CEO Randall Stevenson and Time Warner Jeff Bewkes as they arrive for a hearing in front of the Senate Judiciary Committee.
The Time Warner CEO says Democrats planned to change the First Amendment and "were doing it in the guise of campaign finance reform."
CEO Jeff Bewkes says success with its cable networks, CNN's election coverage and films contributed to the strong quarter.
Jim Cramer witnessed a battle of three different stock markets in charge on Monday.