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StockWatch: AT&T Nearing $150bn Merger

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US telecom giant AT&T is reportedly close to striking a deal that would create a $150bn streaming giant.

This deal would bring one of Hollywood’s biggest studios and Discovery’s channels under the same ownership.

Netflix has had to cancel 20 of its major series due to pandemic constraints.

The movie and TV industry faced challenges such as budget cuts and filming postponements, which has led to the abrupt conclusion of some of its original programs.

Timestamps:
– T 02:45
– NTFX 04:20

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