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AT&T BUYS DIRECT TV - Entertainment And News Corporations Shrinking

(07/27/2015)
AT&T has become the country's biggest traditional TV provider with its $48.5 billion purchase of DirecTV, the US trend of entertainment and news media being in the hands of a few corporations.

AT&T Inc. now has 26.4 million cable and satellite TV subscribers.

Suppliers of TV are buying one another as video from Internet competitors like Netflix gets more popular and costs rise, not down, for channels.

See   WHAT ME WORRY? FIVE CORPORATIONS CONTROL US NEWS

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