CBS-Viacom Merger Opens Door to More Deals

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The combined company from the CBS-Viacom Merger is likely to bulk up further in an entertainment industry dominated by a few giants

The ink is barely dry on the merger deal between CBS Corp. and Viacom Inc., and already Wall Street is anticipating which moves the combined company will make to bulk up further in an entertainment industry dominated by a few giants.

Executives at the companies have contemplated the idea of mergers with cable programmers including Discovery Inc. and premium network Starz or its owner, Lions Gate Entertainment Corp., people familiar with the situation say. Sony Corp.’s movie and TV unit, Hollywood studio MGM and AMC Networks...

 

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I'm getting Netflix! Can't afford the high cable prices and then you get no channels for what you do pay and I don't even use the house phone so bundle packages are a rip off! Good luck though!

You know, these people who like 'diversity' sure like seem to prefer a smaller variety of competitors in their markets.

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