AT&T is appealing the Justice Department's rejection of its proposed Time Warner acquisition on antitrust grounds. The telecom company defended the sale and said it would not hurt competition.

Media giants such as BuzzFeed, Slate and Amazon are downsizing their podcasting units, which could indicate that the bubble is bursting in the industry, writes Mathew Ingram. Giving that podcasts are time-consuming and difficult to monetize, it may make more sense for the concept to return to its roots of being a niche market, Ingram writes.

Reporter David Zurawik takes stock of how media outlets covered the shooting at a Maryland Rite Aid distribution center Thursday and offers five takeaways. He applauds the restraint the media showed in identifying the shooter but argues that cameras should be kept away from families of victims and that the hovering news helicopters should be reconsidered as a coverage strategy.

Disney CEO Bob Iger says the company plans to not just survive but thrive amid a changing media landscape. Iger discusses the importance of great content, globalization and innovation to be able to compete with companies such as Netflix.

Digital TV provider MobiTV has added 90 networks -- including Bloomberg Television, Discovery and Univision -- to MobiTV Connect, its subscription branded TV app service. The company says the growth of smart TVs and connected platforms including Roku and Amazon Fire TV has contributed to its growth.

OWN is adding several unscripted romance shows to its Saturday night lineup beginning this fall. The new lineup will kick off with "Ready To Love," debuting in October, followed by November's "Chad Loves Michelle," with additional series to premiere in 2019.

Amazon has announced plans to launch the Fire TV Recast, a network-connected DVR system. The company plans to launch 500-gigabyte and 1-terabyte versions this fall; the devices will allow users to record over-the-air broadcasts to stream to other devices.

Over-the-top advertising is expected to rise to $2 billion this year, per a Magna analyst. This reflects a 40% year-over-year increase, with spend rising as OTT ad inventory increases.

T-Mobile continues to push its case for merging with Sprint, telling federal regulators it will offer fixed 5G wireless to residences to compete with Comcast and Charter. In a government filing, the carrier set a goal of gaining 1.9 million subscribers by 2021, with average download speeds of 100 megabits per second.

Consumers soon will view 5G as a legitimate alternative to fixed cable and fiber internet service, AT&T and Verizon said in comments on the Federal Communications Commission's annual Broadband Deployment Report. Noting that mobile broadband connections have grown more than tenfold since 2008, AT&T said the trend "will only accelerate as competition drives further increases in mobile speeds and quality."