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DOJ investigating TV networks’ pool coverage in antitrust case

Alanna Durkin Richer and Amy Taxin

The U.S. Department of Justice is investigating whether the decision of the White House television press pool to halt coverage of President Trump last month violated antitrust law, an agency spokesperson said Saturday.

Emily Covington, a spokesperson for the department, said group boycotts among business competitors might violate U.S. law. “The Antitrust Division is simply investigating to determine whether these news organizations have violated the antitrust laws,” she said.

The announcement came after the television pool of five broadcasters last month ceased presidential coverage after the administration barred CNN, MS NOW and Politico from the White House because of coverage Trump disliked.

Messages were sent late Saturday to the five outlets seeking comment: ABC, CBS, CNN, Fox and NBC.

The White House press pool, which is a rotating cast of news outlets that covers the president, has become a proxy for the wider fight over whether the president, or anyone, can control the content of news reports — a type of free speech, a pillar of American democracy.

Last month’s developments marked an extraordinary escalation in Trump’s efforts to restrict news reporters and outlets that he finds insufficiently supportive.

CNN, MS NOW and Politico sued over the days-long ban. It was lifted after a judge handed the three news organizations a reprieve, which is in place until Tuesday.

Television pool coverage of the White House has also resumed.

Jose Zamora, the Committee to Protect Journalists’ regional director of the Americas, on Saturday criticized the administration’s decision to investigate.

“The government should not use antitrust investigations to intimidate news outlets defending press access,” Zamora said on X. “The public’s right to know depends on that access.”

Durkin Richer and Taxin write for the Associated Press. Taxin reported from Santa Ana.

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Ex-Warner Bros. CEO pockets $600 million in sale to Paramount

Christopher Palmeri and Dylan Sloan

David Zaslav, the longtime TV executive who created Warner Bros. Discovery Inc. but ultimately failed to keep it going as an independent company, made about $600 million on the sale of the business to Paramount Skydance Corp. this week.

Much of Zaslav’s compensation came in the form of stock options. Warner Bros. stockholders received $31 a share in cash in the sale, a nearly 25% increase from when the stock first began trading in April of 2022. The Standard & Poor’s 500 rose 76% over that period.

Many other Warner executives received large paydays, including streaming boss JB Perrette and strategy chief Bruce Campbell. A spokesperson said Zaslav doubled the number of employees overall who received stock awards.

The new company, now called Skydance Corp. and led by technology scion David Ellison, is one of the largest media businesses in the world, comprising the century-old Paramount and Warner Bros. movie studios, dozens of TV networks, like CBS and CNN, as well as the Paramount+ and HBO Max streaming services.

Christopher Palmeri and Dylan Sloan report for Bloomberg.

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