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WAITING FOR A MEGADEAL.

Authors :
Grover, Ronald
Landler, Mark
Source :
BusinessWeek; 1/10/94, Issue 3353, p101-101, 1p, 1 Color Photograph, 2 Charts, 4 Graphs
Publication Year :
1994

Abstract

Presents a forecast on the United States entertainment industry for 1994. It reports that in the U.S. the entertainment industry, the latter part of 1993 was one big rerun of television host Monty Hall's old show, "Let's Make a Deal." Cable-TV companies linked up with studios, telephone companies reached out for cable companies, and even home-video giant Blockbuster Entertainment Corp. guaranteed itself a source of tapes by buying a pair of Hollywood production companies. In the year 1994, the investment bankers expect more hostile takeovers, and heftier prices. None may match the $30 billion merger of phone company Bell Atlantic Corp. and cable giant Tele-Communications Inc.

Details

Language :
English
ISSN :
00077135
Issue :
3353
Database :
Complementary Index
Journal :
BusinessWeek
Publication Type :
Periodical
Accession number :
9403152524