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Last week, Disney and Comcast came to terms whereby Disney would take sole control over Hulu. Comcast will remain a silent partner until 2024
Shares of Lionsgate spiked 15% Friday on rumors that CBS Corp. was prepared to pay Lionsgate $5 billion to acquire its Pay-TV channel Starz.
In an industry where content is king; Netflix has worn the crown in recent years thanks to the programming libraries from the major studios.