On October 22nd, telecommunication company AT&T and media conglomerate Time Warner, parent company of major networks like CNN and HBO, announced that they were merging. AT&T acquired Time Warner in an 85.4 billion dollar deal. Deals such as these may well be the wave of the future. Companies like Time Warner produce the content that viewers watch, and AT&T distributes it. The marriage of the two companies allows production and distribution to take place in innovative new ways. As the trend toward streaming entertainment continues, AT&T can find new ways to provide customers with convenient options to access Time Warner’s content. The deal is expected to close sometime near the end of 2017.