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all this means for consumers and why it's significant that this verdict came down the same week that net neutrality was repealed in the U.S. Learn more about your ad choices. Visit megaphone.fm/adchoices