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Content is king

This week, AT&T Inc. ’s WarnerMedia struck a deal for "The Big Bang Theory," while Netflix Inc. acquired "Seinfeld" and Comcast Corp.’s NBCUniversal said it would have exclusive streaming rights to "Parks and Recreation." Two other shows, "Friends" and "The Office," changed homes earlier this summer. The commitments total over $2 billion, according to people familiar with the matter.
-- Joe Flint and David Marcelis, WSJ