3 Media Stocks in Focus: Dish Drops Air Wave Plans, Disney Holds Fast, and Pirates Help Netflix

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DISH Network Corp. (NASDAQ:DISH): Dish has agreed to withdraw its plans to use its air waves for a high-powered national TV service, to address concerns that it could cause interference with other systems. The move could push the value of Dish’s spectrum holdings up by as much as $1 billion (byanalyst estimates), and in return, Dish is seeking technical changes that would allow its spectrum to be used for downloading of information, and pose fewer risks to system interference.
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