News of Note—CenturyLink, Netflix, AT&T, more

> The proposed $85 billion merger of AT&T and Time Warner has reportedly entered the conditions phase of its regulatory review, and the Justice Department is looking to curtail the combined company's power. FierceBroadcasting story

> About 64% of U.S. homes have a subscription to either Netflix, Amazon or Hulu SVOD services, up from 47% in 2014, according to Leichtman Research Group.

> Glen Post, CEO of CenturyLink, is refuting claims made by Minnesota Attorney General Lori Swanson that the telco is not cooperating in an investigation related to its internet and video services billing practices. FierceTelecom story

> Korean broadcasters KBS, MBC and SBS are teaming up to launch Kocowa, a new U.S. SVOD specializing in Korean dramas and K-pop. FierceBroadcasting story