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Entertainment One enjoys merger boost

Entertainment One enjoys merger boost

The wave of acquisition speculation that has engulfed Twenty First Century Fox highlights the value in original television and film production. According to reports, Comcast, Verizon, Disney and Sony have all attempted to get their hands on the Murdoch-family-owned media conglomerate amid rising competition in the TV market. UK-listed Entertainment One (ETO) has felt the benefits of the media merger frenzy – its shares are up 38 per cent since July.

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