CNBC – At Sun Valley, media CEOs expect a big new wave of M&A in the industry

A lighter regulatory touch from the Trump Administration, along with the pressures of cord-cutting and streaming services, is likely to set off the wave.

July 13, 2017

‘The annual Allen & Co conference in Sun Valley, Idaho, gathers CEOs across media and technology, plus big-name investors, making it a natural destination for dealmaking. The conversations that happen behind closed doors here have birthed the biggest media deals of the past quarter century, including Comcast’s acquisition of CNBC’s parent NBC Universal, Verizon’s purchase of AOL, and the ill-fated combination of AOL and Time Warner.

CEOs attending this year told CNBC they expect a new wave of media consolidation, with AT&T’s acquisition of Time Warner shedding a spotlight on distribution companies’ need for content to differentiate their services.’

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