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Telecoms Consolidate Content to Fight Back Against TV Flight

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Summary: With the notable exception of Twenty First Century Fox (FOX), traditional U.S. media & broadcasting companies have been in a real funk this past year. The same goes for US telecom companies. But, Tuesday’s approval of the landmark ATT/Time Warner deal could be a game changer. It paves the way for similar synergistic transactions, and a reinvention of business models for both industries.
On Tuesday, AT&T won approval for its $80bn takeover of Time Warner, as a federal judge re...

 

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