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Murdoch surrender signals accelerating OTT swing

Rupert Murdoch’s recent $60 billion sell out to erstwhile rival Disney ends a dynasty that had been developing for 50 years, splits the family and has significant ramifications for the UK pay TV market since its biggest operator Sky will effectively change hands. But all this pales behind the greater global significance in suggesting that even an $80 billion-dollar regional empire cannot stop the Internet juggernaut represented by GAFAN or various anagrams such as FAANG.  Certainty from the video perspective Netflix justifies this inclusion in a big five alongside Apple, Amazon, Google and Facebook. If anything Apple should be the one left out given its relatively small commitment to video so far which is exceeded by one or two other…

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