Ted Cruz: “The consequence if this merger happens, it is really…”

“I expect to be quite engaged in this process. So it will take some time. At a minimum, it's several months. It could be upwards of a year. And The consequence if this merger happens, it is really significant for news and it's really significant for entertainment. And by the way, I think entertainment in many ways is more important than news. We get so much of what we understand about the world from entertainment.” (19:48–19:56)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.