Apple, Google Eyed In Media-Content Consolidation
Google (GOOG) and Apple (AAPL) are unlikely to follow in the footsteps of cable TV firm Comcast (CMCSA) by acquiring a media giant, Bernstein Research says in a report, but it doesn’t rule out smaller content purchases. Comcast, which acquired all of NBCUniversal from General Electric (GE) last year, is seeking regulatory approval to buy Time Warner Cable (TWC). Here’s IBD’s latest report on regulatory hurdles for that deal. Bernstein analyst Todd