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Netflix plans to launch what could be its most costly original series ever in early November, and Amazon is boosting its spending to try to keep up.

Time Warner (TWX) should consider a deal with AT&T (T) amid industry pushes for both vertical and horizontal consolidation, Barclays says.

The companies will be asked to merge by Sumner Redstone's National Amusements, the controlling shareholder of both companies, Reuters reported. Shares in both stocks rose on the report.

Viewership of the Clinton-Trump debate broke the record set back in 1980 between Ronald Reagan and Jimmy Carter.