The marriage of AT&T and Time Warner is good to go, apparently.
In a huge win for AT&T, a federal judge ruled that the company can buy Time Warner for an estimated $85 billion. The Department of Justice had sued to block the merger on antitrust grounds. It said that since AT&T also owns DirecTV, it could charge DirecTV competitors more to get, say, HBO or CNN, and that consumers would end up paying more as a result. And this won’t be the last big media merger headline this year. Marketplace Tech host Molly Wood talks with Recode reporter Peter Kafka about what this means for the media landscape going forward. (06/13/2018)