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Fly News Breaks for April 20, 2016
DISH, VIAB
Apr 20, 2016 | 07:21 EDT
Jefferies analyst John Janedis estimates the DISH (DISH) blackout, which began last night at midnight, to have a $25M-$30M per month impact on Viacom's (VIAB) affiliate revenue, in addition to being an overhang for the shares. The analyst believes an agreement will ultimately be reached. Janedis has a Buy rating on Viacom with a $49 price target.
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