Comcast (NASDAQ: CMCSA)
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Comcast wants to buy Warner Bros Discovery, merge with NBCUniversal
As the streaming business grew, everyone recognised it was unsustainable. When the market fragmented (so much so that the cost of all streaming services combined was higher than cable) it was clear that there had to be some mergers, acquisitions or failures. The market had to rationalise.26th Sep, 2022