Cord cutting pressures lead to Discovery Communications’ acquisition of Scripps Networks for $14.6B
Discovery Communications’ $14.6 billion acquisition of Scripps Networks Interactive, announced today, combines two of cable TV’s bigger brands in an era where cord cutting has hit impacted all the major players across the board. The telcos are scrambling to offer live TV streaming bundles in an effort to shore up pay TV subscriber losses, while the networks that had once relied on… Read More
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