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TWX buys other half of Court TV

Last week -- for a mere $735 million --Time Warner bought Liberty Media's 50% stake in Court TV (prior to the buyout, Court TV had been a joint venture for TWX and Liberty Media).

The talking heads are busy pontificating about what this does to the value of Court TV, arguing that this puts the company at about $18 per subscriber.

I, of course, am far more interested in pontificating about what this will do for Court TV. My fears:

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