How will the Charter, Time Warner deal affect Southern California?

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This April 1, 2015 photo shows a Charter Communications van in St. Louis. Charter Communications is close to buying Time Warner Cable for about $55 billion, two people familiar with the negotiations said Monday, May 25, 2015. (AP Photo/Jeff Roberson)

Charter Communications has made a deal to buy Time Warner Cable, making it the largest pay-TV service in Southern California.

Charter Communications has made a deal to buy Time Warner Cable, in a move that the company says will allow it to reach nearly 24 million customers in 41 states, including major markets in New York and Los Angeles.

In Southern California, the proposal would make Charter the biggest pay-TV service in the region, valuing Time Warner at $78.7 billion, including debt.

We're joined by Paul Sweeney, Bloomberg Intelligence Analyst.