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Fly News Breaks for April 19, 2016
DISH, VIAB
Apr 19, 2016 | 13:20 EDT
Cowen analyst Doug Creutz believes Dish (DISH) is playing hardball in negotiations with Viacom (VIAB), which is to be expected. The analyst believes the most likely outcome is a renewal as neither is in a competitively strong position and both run serious risks by walking away from a deal. Creutz notes that no major distributor has permanently blacked out a major content owner, and does not expect this negotiation to end differently. The analyst rates Viacom shares a Neutral.
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