Comcast NBC Merger

  1. FCC “OKs” Comcast-NBC Merger, Comcast Now the Largest Media Conglomerate

    Comcast NBC Merger

    The lines of division are even blurrier now, at least in terms of who will be providing your cable and Internet service in 2011. The FCC recently approved a Comcast-NBC merger, citing that it did not violate U.S. antitrust laws. So should you expect to see a change in your service when you come home one afternoon next week to watch a show in front of your TV lift cabinet? Probably not. What this merger means is that Comcast now has majority ownership of NBC and its media properties, which includes a piece of TV-streaming giant, Hulu.

    The specifics of the merger are an agreement between Comcast and General Electric, which owns the majority of NBC Universal. The merger was approved by the FCC by a 4-1 vote, and Comcast will acquire 51% of NBC Universal for approximately $13.75 billion. This deal has been in the works for more than a year.

    One of the major concerns over this deal before it was passed was to make sure it did not hinder or hamper the continuing growth of online video. The FCC

    Posted on: February 11, 2011
    Posted by: Kerry Mann
  2. FCC “OKs” Comcast-NBC Merger, Comcast Now the Largest Media Conglomerate

    Comcast NBC Merger

    The lines of division are even blurrier now, at least in terms of who will be providing your cable and Internet service in 2011. The FCC recently approved a Comcast-NBC merger, citing that it did not violate U.S. antitrust laws. So should you expect to see a change in your service when you come home one afternoon next week to watch a show in front of your TV lift cabinet? Probably not. What this merger means is that Comcast now has majority ownership of NBC and its media properties, which includes a piece of TV-streaming giant, Hulu.

    The specifics of the merger are an agreement between Comcast and General Electric, which owns the majority of NBC Universal. The merger was approved by the FCC by a 4-1 vote, and Comcast will acquire 51% of NBC Universal for approximately $13.75 billion. This deal has been in the works for more than a year.

    One of the major concerns over this deal before it was passed was to make sure it did not hinder or hamper the continuing growth of online video. The FCC

    Posted on: February 11, 2011
    Posted by: Kerry Mann