AT&T has ownership stakes an a lot of companies which end up working on projects with Fox, Sony, NBC, etc. They also co-own several distribution channels with said companies.
So they absolutely have some control/influence over a sizeable portion of the media that we consume, even the segments they don't technically "own".
So they absolutely have some control/influence over a sizeable portion of the media that we consume, even the segments they don't technically "own".