See the full episode this clip is from here: https://www.youtube.com/watch?v=JGa_UK404ho
John discusses AT&T's legal win to purchase Time Warner.
After a long court battle, AT&T has won a decisive victory in court clearing the way for their $85 Billion dollar take over of Time Warner… which includes Warner Bros studios. From Variety, The ruling has tremendous implications for future media mergers, as public interest groups and Wall Street analysts predict that it will clear the way for greater consolidation and combinations between content and distribution. Comcast, for instance, is weighing a rival bid for many of the assets of 21st Century Fox, hoping to usurp The Walt Disney Co.’s agreement to purchase the media properties. The AT&T acquisition of Time Warner is now clear to be completed by June 20th.