When Variety reported that media giant Discovery Communications (DISCA) was interested in acquiring smaller rival Scripps Networks Interactive (SNI), the news quickly made headlines. The resulting company would have been a content-creation powerhouse with very little competition.
However, the deal fell through as Discovery reportedly ended all discussions in January regarding a buyout of Scripps. So, now what? Well, investors should still consider both companies for long-term growth considering they remain great ways to capitalize on the rapidly increasing demand for unique and popular content.
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