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Media company downsizing

Media company downsizing

As more consumers demand smaller packages of cable channels, pay-TV distributors including Dish Network and Verizon FiOS have responded by creating “skinny bundles” with pared-down channel offerings at lower price points. The skinny trend threatens the biggest profit center for many entertainment companies: cable programming fees.

Major media companies that own the bulk of the channels soon might find themselves on a forced diet, shedding channels that have small audiences. No one knows for sure what channels ultimately might get cut, but television's high-stakes game of “survival of the fittest” is already underway.

Here is a look at the media...