In the media world, consolidation is the new name of the game and AT&T is trying to win it by making major acquisitions. It already purchased satellite TV provider DirecTV for $49 billion last year, and now it will look to gain regulatory approval to buy Time Warner for around $85.4 billion. Should the deal go through, AT&T would become one

Source: Hot Hardware – AT&T To Acquire Time Warner For .4 Billion Resulting In A Media Creation And Distribution Behemoth