AT&T announces $85 billion merger with Time Warner

America's diversified communications industry is moving back to greater concentration of power over both content and the means of delivery. The latest mega-merger, announced over the weekend, is between AT&T and Time Warner. Randall Stevenson, Chairman and CEO of AT&T, told reporters, "We're in an environment where our customers want more video, want more entertainment content, not only on the TV, but also on our mobile device." Alina Selyukh, a reporter for NPR and host of its All Tech Considered blog, says the presidential campaigns have already weighed in on the merger.