Disney's (NYSE:DIS) $71B deal to acquire Fox's (NASDAQ:FOX) film and television divisions and Comcast's (NASDAQ:CMCSA) agreement to buy pay-TV operator Sky (OTCPK:SKYAY) will create companies that together control nearly 40% of all programming spending in the U.S, according to a report by Ampere Analysis.
Globally, the two will account for 20% of such spending.
"Netflix (NASDAQ:NFLX) was on course to catch - and overtake - the top Hollywood studios by content spend. However, in light of the two new combined entities, Netflix would now need to triple spend to achieve this feat."
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