What will a Donald Trump presidency mean for the media business? Before the election, the candidate said his administration would block AT&T’s planned purchase of Time Warner Inc., and look into breaking up Comcast Corp. and NBCUniversal. “Deals like this destroy democracy,” said Trump. But AT&T CFO John Stephens struck an optimistic note during an investors’ conference yesterday. “We really look forward to working with President-elect Trump and his transition team,” said Stephens. “Policies and discussions about infrastructure investment, economic development and American innovation all fit right in with AT&T’s goals.”
Dish Network CEO Charlie Ergen is also bullish on merger possibilities, going so far as to say in an earnings call yesterday that it would be “malpractice” to sit on the sidelines. “We have wireless spectrum, we have scale and video, but we don’t have a network,” said Ergen. “You can imagine all the interesting things that are going to happen.” As for the surprise Trump victory, Ergen pointed to a positive for Dish: “It certainly is possible that with new leadership, all net neutrality might go away.”
One-time Donald Trump target Megyn Kelly urged Americans to “keep an open mind” about a Trump presidency. Co-hosting morning show LIVE with Kelly yesterday, the Fox News anchor noted, “Love him or hate him, he’s the president elect of our country, and the one thing he needs now more than ever is our prayers and good wishes.”
The Simpsons was first to predict a Donald Trump presidency – 16 years ago, as Deadline points out. In a 2000 episode of the Fox animated comedy, set in the future, Lisa is elected president after a disastrous term by the former Apprentice boss. See the clip here.