AT&T can buy Time Warner. What does that mean for everyone else?
Recode's Kara Swisher and Peter Kafka talk about this week's ruling that AT&T could buy Time Warner, likely ending a lawsuit brought against the companies by the U.S. Justice Department. The decision almost immediately triggered a $65 billion bid from Comcast for 21st Century Fox, which Disney had been publicly courting at a lower price. And more generally, Kafka says it means that any media distributor now feels free to buy content companies, should they want to mirror AT&T's planned marriage of its distribution infrastructure with Time Warner's media. Plus: What all this means for consumers and why it's significant that this verdict came down the same week that net neutrality was repealed in the U.S.
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