Go deeper: AT&T's merger will change how we watch TV

A satellite spitting out AT&T logos
Illustration: Sarah Grillo/Axios

AT&T's acquisition of Time Warner will create a media conglomerate that combines premium content with a vast distribution network to deliver it to consumers.

Why it matters: One of its first experiments in marrying the two will be a "skinny bundle" called AT&T Watch, providing Time Warner content (minus sports) to mobile customers. This is a glimpse at the future of media — packages of content curated and disseminated by the same companies that provide the broadband service you need to watch it in the first place.