Crystall ball reporting in!

With a prediction. To get regulatory approval the D groups like Pegasus will loose their exclusive areas, but get a better deal from the merged company.They will be able to sell programming nationwide after buying it wholesale.

This will permit a competitor of sorts to the merged company, which will help get the deal past the regulators. This allows competition with the economies of scale and elmination of duplication of services.

I see more than 100 LIL markets, and eventually 100% LIL carriage. This may well be required for regulatory approval.

All pegasus would be is a useless middleman. Now if they could have lets says $1-$2 a month (per package) then there would be a nice benefit. But except for regulator force, what would be in it for D*

As for 100% coverage of LIL, I know some small rural areas in upstate NY that would not be worth the effort of a LIL unless forced into it.

So I guess the future is all in the hands of the Regulators :) :(

INDINIDUALLY no single small LIL market would be wort it, but taken as a whole for merhger approval it will be ptofitable.

Pegasus would likely be able to offer a small discount or differentiate itself in some other way.