If approved, the world's biggest deal this year would allow the new company to control both content and distribution by connecting AT&T's millions of customers to the cable TV channels HBO and CNN, the movie studio Warner Bros. and other media assets under the control of Time Warner.
"When we combine Time Warner content with our scale and distribution…we're going to have something really special," Randall Stephenson, AT&T's chief executive, said on a late night conference call announcing the deal, the Guardian reported.
At a rally on Saturday,Trump condemned the deal forming between the two conglomerates, saying "it's too much concentration of power in the hands of too few" and that it would "destroy democracy."
Recently, the GOP nominee has been very critical of the way his campaign is being presented by the mainstream media.
"They're trying desperately to suppress my vote and the voice of the American people." he said, according to a report by Business Insider.
Comments on the deal by Hillary Clinton's spokesman, Brian Fallon, were rather vague. He told reporters October 23 that although Democrats were concerned about it, "there's still a lot of information that needs to come out before any conclusions should be reached."
