Buckle up: Media companies are preparing for some whirlwind courtships in what’s expected to be the biggest merger bonanza in years. Traditional media companies desperate for growth don’t want to get left behind as rivals bulk up in an effort to survive a more difficult environment. That $85.4-billion deal was announced in October, and must undergo a review from Trump’s Justice Department and possibly the FCC. Comcast is planning to begin offering wireless phone service this year, and has partnered with Verizon to use its networks to provide the service to existing Comcast customers. FCC rules do not limit the number of TV stations any company can own nationwide as long as the stations collectively reach no more than 39% of all U.S. TV households.

Source: Los Angeles Times January 27, 2017 11:02 UTC