“The worry among consumer groups and rivals, of course, is that for AT&T to make the deal work strategically and financially — the company is paying a 35 percent premium to Time Warner’s stock price before news of the deal broke last week — it is going to use Time Warner’s content as a weapon.” As AT&T looks to acquire TimeWarner for a cool $85 billion, the NYT’s Andrew Ross Sorkin helps us try to make sense of deal.

+ In a smaller (but happier) deal, the NYT is acquiring The Wirecutter for $30 million. Brian Lam’s product review site is one of the modern web’s true gems. (Yes, $30 million and a link from NextDraft on the same day. Good things come in bunches.)