Nothing should surprise
us anymore in the media industry, but, this gets close. Supposedly, three of the largest firms (Disney,
Comcast, and Verizon) have been talking to 21st Century Fox about
acquiring some of its most valuable movie and television production assets.
In light of the DOJ’s
recent statements about possibly attaching structural remedies to the
AT&T-Time Warner deal, other huge deals, vertical (distribution-content) or
horizontal (content-content) may get a lower approval probability from the
start. But, then again, there is the
Trump factor and the President likes FOX a whole lot more than CNN.
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