Pursuits

It's Not TV, It's HBO

21st Century Fox and Time Warner’s game of clones

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July 18, 2014 at 12:29 AM UTC

This article is for subscribers only.

This article is part of the July 21, 2014 issue of businessweek.

A $76 billion takeover bid by Rupert Murdoch’s 21st Century Fox for Time Warner is all about lucrative cable holdings, especially HBO. A deal would create a company with a blockbuster lineup of news, sports, and movie channels—and a lot of bargaining power.