People are watching less TV as they increasingly stream video from online services like Netflix, Hulu, and Amazon. So the companies that for years have made money through TV subscriptions are battling over the pipes that you depend on for streaming video online.

If the merger is approved by regulators, the new company, which would be made up of Charter, Time Warner Cable, and Bright House Networks — the last of which Charter said in March it would acquire for more than $10 billion — would become the second largest cable company in the country, just after Comcast.

And the new company would control nearly 30% of the US broadband market, according to MoffettNathanson, a media and telecommunications research firm.