Detailed text transcripts for TV channel - CNN - 20171214:09:40:00
Majority owner of hulu, and with plans to launch a streaming service next year, transforming disney into a streaming video giant to rival netflix. it's also a monumental shift for fox, slimming down after years of expansion to focus on news and sports. and those companies may recombine with news corp., owner of "wall street journal" and harpercollins. the deal needs regulatory approval but could signal a future media industry dominated by a few giants, along with comcast-owned nbcuniversal. if approved, at&t and time warner, the parent company of cnn. all anybody's talking about in the media w...