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A congressional hearing on the proposed $85.4 billion merger focused heavily on questions about the impact on consumer prices and how the companies might use their competitive advantage.

A congressional hearing on the proposed $85.4 billion merger focused heavily on questions about the impact on consumer prices and how the companies might use their competitive advantage.

Ahead of the Tuesday's hearing with the House Judiciary Committee, a letter from the Justice Department appeared to throw GOP members of the panel as well as President Trump a bone.

The Justice Department has informed AT&T that it will oppose the company's planned $85 billion merger unless it sells off CNN — a network frequently derided by President Trump.

AT&T positions itself as the future competitor to cable, promising an era of experimentation and innovation. But consumer advocates raise a raft of concerns. Regulators will weigh both sides.

Ahead of Tuesday's hearing with the House Judiciary Committee, a letter from the Justice Department appeared to throw GOP members of the panel as well as President Trump a bone.

With its streaming TV service launching Wednesday, YouTube joins a crowded field. But it offers several features the others don't.

"It's kind of like trying to find a date before the prom," one analyst says of consolidation in the media industry. Some experts are criticizing the deal's strategy and potential impact on consumers.

The video streaming giant joins Amazon in offering the option to download videos to mobile devices. It's the latest development in the highly competitive and rapidly changing online streaming market.

The new agreement comes with a price: the Weather Channel has agreed to cut back its reality programming by half during weekdays.