AT&T's plan to purchase Time Warner for $85 billion would give the company far more than just a handful of popular basic cable channels — it would also include some of the most prolific television studios in the industry.
At a Senate Judiciary Committee hearing Wednesday, senators raised concerns that the deal would let the combined company charge competing distributors more for TV content — or to cut them off completely. The planned acquisition was often compared to Comcast's 2011 acquisition of NBCUniversal, which required conditions from the Federal Communications Commission.
Time Warner's television studios produce far more content for channels owned by its competitors, while Comcast tends to produce content for its own channels, according to a CNBC review of media industry database Variety Insight. (CNBC is a unit of Comcast and NBCUniversal.)