Companies are spending billions of dollars to keep us entertained. AT&T agreed to buy Time Warner Inc. for $85 billion so the phone company can own the company responsible for "Game of Thrones" and the Batman movies. Netflix Inc. and Amazon.com Inc. are draining their cash to make or rent more series for their web video services. And the traditional broadcast and cable TV networks are racing to keep up.
This surge of programming is wonderful for viewers, but make no mistake: It is a bubble. And bubbles tend to end badly. Click on the video below to see more.
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