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Communications Services Stocks Fall Amid Streaming Competition Intensification
ByAinvest
Thursday, Aug 21, 2025 5:21 pm ET1min read
Communications services companies fell as traders assessed intensifying competition in the streaming of live TV content. Disney's ESPN and Fox Corp launched new streaming services, while Comcast's NBCUniversal entered advanced talks with Major League Baseball to carry games on NBC and the Peacock streaming service in a three-year pact approaching $200 million annually.
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