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  • TV

It’s coming undone

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Despite pressure from Viacom, Universal and other TV programmers, the U.K.'s Independent Television Commission is proceeding with its controversial plans to allow the unbundling of cable and…

  • Biz

Polygram price lowered

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A deterioration in Polygram's second-quarter performance prompted Seagram Co. to negotiate a $340 million reduction in the $10 billion-plus price it is paying for the music and film conglomerate…

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