As Expected, FCC Says Okay To Comcast/NBC Universal Deal

from the the-conditions-matter dept

As was widely expected, the FCC today approved the Comcast/NBC Universal merger with some conditions. The Justice Department still has to give its okay too, but everyone expects that to happen shortly. The full details aren't yet clear, but from some reports it looks like the "conditions" are pretty vague concepts on program carriage and support for non-discrimination, without an explicit requirement. None of this is surprising. I still think critics of this deal may have overreacted, as I still expect the combined company to continue to blunder its way forward.
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Filed Under: conditions, merger
Companies: comcast, nbc universal


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  1. icon
    Hephaestus (profile), 18 Jan 2011 @ 3:58pm

    Re:

    "I still expect the combined company to continue to blunder its way forward"

    I expect it to fail on the Comcast side. If you want a date just ask and give me a week to do due dillegence. I will even chart out when GE will sell of its remaining shares.

    GE did good with this, they constantly make great decisions business wise. They will more than likely continue to profit from this until cord cutting, video singles (not TV networks) become standard, and competition from online reduces profits.

    Comcast expects things to continue along the same path, just like everyone in the media and content industry have done for the past 10 years and will continue to do. Management at comcast runs the company and have no vision, are five years behind the curve, and have a locked mentality.

    I am on a camel, acting like a stock geek again, hand me that chart of straw futures. ;)

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