AT&T And Time Warner Unite In Mega Merger

08:35

June 14, 2018

Priyanka Deo, Meghna Chakrabarti

The AT&T logo appears above the post where it trades on the floor of the New York Stock Exchange, Monday, Oct. 24, 2016. AT&T's $85.4 billion purchase of Time Warner represents a new bet on synergy between companies that distribute information and entertainment to consumers and those that produce it. (Richard Drew/AP)

AT&T and Time Warner are merging to create a new media giant.

A federal judge approved an $85 billion merger between telecom provider AT&T and movie and TV producer Time Warner last Tuesday.

President Trump has said the merger is "not good for the country," arguing that it will hurt competition among cable providers and increase costs to consumers streaming content online.

Guest

Hiawatha Bray, tech writer for the Boston Globe. He tweets at @GlobeTechLab.

This segment aired on June 14, 2018.