Comcast wants to dominate your world the old fashioned way. They want to buy it, one piece at a time.
The big technology news of the day is the proposed $45 billion merger of Comcast with Time Warner Cable.
That's Billion with a "B" and I have no idea how much that is, because it is beyond my grasp to have a billion of anything. And that's not how much the new company will be worth, that is how much stock that Comcast will fork out to Time Warner Cable stock holders if the deal gets approved.
Comcast, the nation's largest cable provider, wants to buy Time Warner Cable, the second largest cable provider.
Maybe if you are more cynical than I am, you may say why does it matter. Maybe you're right?
I am still scratching my head why the goverment allowed the merger of Comcast and NBC Universal back in 2011. Comcast is the largest cable provider. NBC Universal is a huge providor of television and movie content. So if the merger of those two companies does not create a conflict of interest or create some type of monopoly, then help me to understand what is the purpose of antitrust laws.
How big is Comcast?
Comcast Corporation is the largest mass media and communications company in the world by revenue. It is the largest cable company and home Internet service provider in the United States, and the nation's third largest home telephone service provider.
Comcast completed their purchase of NBC Universal in 2011. NBC Universal was formed in August 2004 by the merger of General Electric's NBC with Vivendi's Vivendi Universal Entertainment
Universal Studios, also known as Universal Pictures, is one of the six major movie studios.
The National Broadcasting Company (NBC) dates back to its birth in 1926 by the Radio Corporation of America (RCA) as the first major broadcast network in the United States. Currently NBC has eleven owned-and-operated television stations and nearly 200 affiliates in the United States.
NBCUniversal News Group includes NBC News, CNBC, MSNBC, and The Weather Channel.
The NBC Sports Group includes the Comcast Sports Group, Golf Channel, NBC Sports, NBC Sports Digital Network, and NBC Sports Network.
NBCUniversal Hispanic Enterprises and Content group contains American Spanish-language broadcast television network Telemundo and mun2 aimed towards a young Latino audience.
The formation of NBC Universal saw the establishment of NBC Universal Cable, which oversees the distribution, marketing, and advertisement sales for television channels: Bravo, Chiller, Cloo, E!, Esquire Network, Oxygen, Sprout, Syfy, Universal HD, USA Network, Bravo Media, Esquire Network, Oxygen Media, Sprout, and TVOne.
How big is too big?
Who should stop them? Or does it really matter?
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