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Here's why AT&T's proposed $85 billion merger with Time Warner is a bad deal for you and me (T).


If you want to understand how AT&T's proposed $85 billion purchase of Time Warner might affect you, you only have to be a Taylor Swift fan.

Swift, as you likely know, just released a new album this month. Along with "Reputation," Swift released some videos and behind-the-scenes clips that were tied to it. But if you wanted to watch them, you had to be a subscriber to AT&T or DirecTV, the company's pay TV service. Thanks to an exclusive deal AT&T had signed, everyone else was out of luck.