Mahoney: Mega-Media Merger Mania Moves Market

The court’s approval earlier this week of AT&T’s merger with Time Warner could open the door to other mega-media-mergers. That’s according to WRCR’s Market Analyst Ken Mahoney of Mahoney Asset Management…

Audio: Ken Mahoney

Comcast and Disney have already gotten into a bidding war for 21st Century Fox film and TV studio assets. Cable and internet provider Comcast, which owns NBC Universal, offered $35 a share, or $65 billion. That dwarfed the $52 billion Walt Disney had bid. Other companies in the mix as potential partners include Discovery, AMC Networks, and Lions Gate Entertainment Corporation. The new AT&T package will have mix of TV and cable programming, along with wireless and broadband technologies.

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