Thursday, October 27, 2016

How the AT&T/Time Warner Deal Could Hurt Low-Income Families

Originally published by TIME.com

AT&T executives think their plan to take over Time Warner is too big to fail. But the proposed merger’s astronomical cost may prove them wrong.

The $85 billion deal, combining the nation’s largest phone, Internet and pay-TV provider with an entertainment and news colossus whose holdings include CNN, HBO, TBS, TNT and Warner Bros. Studios, would be one of the largest media mergers ever…