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European telecommunications and cable group Altice has agreed to purchase Cablevision, the fifth-largest cable operator in the U.S. and owner of New York's Newsday newspaper for $17.7 billion, including debt. The deal is the latest in a series of moves that are re-shaping the U.S. broadband and cable television market.

The latest developments from both Apple and Google may usher in a new age for television. Streamlined, app based infrastructure have the potential to turn cable on its head.