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New frontier, man. it s exciting, consumers, i think, should be the ultimate beneficiaries here at the end of the day. how does this sit with cable companies, where you now see the verizons and the comcasts and so forth trying to figure out how to play in this market where, you know, my sons, they re not buying a verizon package. you know, they re going to grab a little hulu, get a little peacock, and they re going to they want the flexibility of, you know, picking and choosing from a menu of shows and programming that they want. they don t want to be told, here, you ve got to spend $400 a month for a package, 90% of the stuff you don t haven t want to watch. so how is that impacted by this amazon deal? that s a great question, michael. first, you saw it on the screen a minute ago, a graphic showing there have been not just these two big recent deals, but also, of course, disney buying fox. ....
Saga by announcing a rare event, an auction. this is like a penalty shoot-out of the u.k. world. this was three rounds of bidding over some 26 hours. comcast emerged as the winner at $22.57. and 21st century fox was at $20.46 a share. this means that comcast is valuing sky at nearly $40 billion, which is actually far more than its current market cap of $35.6 billion. now, the reason for all this, both disney, which is in the process of buying fox and comcast, wanted to buy sky to help diversify a wave in the united states. increasingly, it is hard to grow there against online streaming. that means they have new rivals like amazon, netflix and hulu. and sky would have enabled them to do just that with a huge european network. 23 million customers as well as ....
That didn t happen until you got the judge s ruling. i think this started off because part of this time-warner deal with at&t was cnn. i could be wrong. i don ts think hees cnn. yes, he doesn t. but if you speak withead he antitrust division, he makes a case about distribution and content and how that could squeeze the consumer. now you have this ruling. here s the one fly in the ointment. the ruling seems to be a green light to a lot of thin, by the way. the one fly in the ointment obviously does doj appeal and make it much put a line in the sand and say we may lose this, we re going to appeal and we re doing to go after comcast because we don t like the deals and try to stop them from buying fox. you think that happens? and does it have success? i could only tell you this. this morning i spoke to a senior official in doj who is saying they were active there were pushing for an appeal. through ....
Cvs said it would by aetna, disney buying fox, cigna bought to buy express scripts. but no opposition to any of those deals. which whether opposition to the at&t deal is politically motivated. this is a deal we with ll no approve in my administration because it will too much concentration of power in the hands of too few. but if you want to talk about too much power in the hands of too few, shouldn t we at least be asking about amazon, apple, facebook and google? in a moment an nyu professor whose students get recruited by these giants, despite his personal view that, quote, these behemoths enjoy unfettered domination and hoard riches on a scale not seen since the monopolies of the gilded age. how big are they? ....
Note. we were talking about disney buying fox. and he was asked while talking about fox, sexual harassment, the wave that we covered over there, and the mess, from some months ago. and he was asked how harmful have the whole sexual harassment claims been for the business. and he said it s all nonsense. i think it plays into figures like president trump and shocking to see the quote. he said it s all nonsense including bill o reilly and others, he said there was a problem with the chief executive, as soon as we investigated he was taken out. i think he forgot about bill o reilly lost his jobs. before ailes earlier this year. but he went on to say that was largely political because we are ....