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BOSTON - American Tower Corp. said Wednesday that fourth-quarter profit fell by 25 percent as higher costs erased a revenue increase.
LOS ANGELES - Although prices for some Blu-ray players dropped below $100 this holiday season, customers are hesitating to jump into the next-generation video format.
PHILADELPHIA - Comcast Corp. announced Thursday it plans to buy a majority stake in NBC Universal for $13.75 billion, giving the nation's largest cable TV operator control of the Peacock network, an array of cable channels and a major movie studio.