If you're not a media wonk, it can be hard to really care about things like the $80 billion deal between AT&T and Time Warner. But you should. You definitely should.
Time Warner has a lot that TV, movies and sports people love. Enjoy Game of Thrones? TW owns HBO. Like the NBA? TW has that on TNT. Into DC Comics movies? TW owns Warner Bros. movies.
AT&T, on the other hand, mostly operates wireless, telephone and cable networks touching millions of Americans.