LA Times' Company Town blog

The Headline Says It All In This L.A. Times Report: ‘Comcast-Time Warner Cable merger is no longer viewed as inevitable’

Jan 27, 2015  •  Post A Comment

“[I]t is unclear whether the U.S. Department of Justice and the Federal Communications Commission will give Comcast their blessing” on a merger with Time Warner Cable,” writes Meg James at the Los Angeles Times’ Company Town blog.

The article adds, “The new Comcast would be the nation’s dominant supplier of high-speed Internet service. The company would boast 30 million customers in major cities such as Los Angeles, New York, Chicago, Philadelphia, Denver, Dallas, San Francisco and Seattle.

“Streaming service Netflix, satellite giant Dish Network, lawmakers and others have voiced concerns that Comcast could use this grip to stifle development of the Internet video business. In a sense, Comcast would have an incentive to beat back online challengers to its core business of bundling cable TV channels.”

Furthemore, James notes, some programmers “fear Comcast would use its size and influence to undercut how much programmers such as CBS, Viacom and Discovery are paid for their channels.”

Meanwhile, the article says, “Comcast, for its part, maintains the regulatory review of its acquisition is proceeding on schedule.”

We urge you to click on the link in the first paragraph, above. It will take you to the original piece, which is packed with a lot more details.

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