Commentary has been flying nonstop since Comcast announced its plan to buy Time Warner Cable. If the buyout goes through, there will be enormous repercussions in the TV and broadband industries, both for competitors and for consumers. Before the legal filings and federal approvals and consumer chaos all begin in March, though, it’s worth taking a step back to look at why this merger is being proposed, and why it’s happening now.
Why does Comcast want to buy Time Warner Cable?
Comcast is putting $45 billion into this deal. That’s a lot of money, even for a company as large as Comcast. (In comparison, they spent less than $17 billion to buy out NBCUniversal.) For such a large cost, Comcast must see a large potential gain.
From one perspective, the benefits are crystal clear:
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this is easy Comcast wants to be the new media goliath! get on your knees and pay homage! as they feed you what they want you to know!
ReplyDeleteTime Warner customers hate them--- ha ha ha like they will suddenly love Comcast-- I will never subscribe to cable again-- and my hate is more like disgust over being confronted with a technological monopoly who is routinely diss-associative when it comes to the customer's cares
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