AT&T announced it's spinning off WarnerMedia, just five years after acquiring Time Warner. It will create a new media company with Discovery in an attempt to better compete with Netflix and Disney.

Charter Communications announced Tuesday it is buying Time Warner Cable in a deal valued at $55 billion. Regulators halted a deal last month for Time Warner to be acquired by Comcast.

D.C. federal court judge Richard Leon came down on the side of AT&T and its proposed deal to acquire Time Warner for $85.4 billion. The Department of Justice, the court decided, had not met the ...