AT&T-Time Warner Trial: Turner CEO Highlights Threat of Google, Facebook to Ad Business
By Ted Johnson
WASHINGTON - Turner Networks CEO John Martin, testifying in the AT&T-Time Warner antitrust trial on Wednesday, highlighted a key argument for the merger: The threat coming from Google and Facebook for advertising dollars.
"We are not even playing in the same arena," Martin said under cross-examination from Daniel Petrocelli, the lead counsel for the two companies.
formatting link