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media-conglomeration

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In a deal that will dramatically affect both the story lines on NBC's "30 Rock" as well as the future of media conglomeration, Comcast, the country's biggest cable provider, has acquired NBC Universal from General Electric for an estimated $30 billion.

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The ruling party in South Korea passed a bill that allows print media companies to own up to a 20% share in the broadcast medium. The opposition believes this benefits only a handful of conservative media giants. So they started fighting ... in parliament. Watch the protest and the "Seoul" demonstrated by politicians for just media policies.

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