New York Times takes measure of Comcast-NBCU

Comcast (Nasdaq: CMCSA) has, to the annoyance of entertainment industry types and the government, been acting as if its effort to acquire NBC Universal is a fait accompli. The cable operator has repeatedly said that it expects the deal to close by the end of the year--even though it has extended its purchase agreement with NBCU parent General Electric for another 90 days.

Opposition, meanwhile, continues to pile up to the deal because, as the New York Times editorially emphasized today, it is "not the classic 'horizontal merger' between two companies that do the same thing."

Comcast's control of the pipes that deliver the content is what has the Times worried. "Regulators do not need to rush," the paper stated, because "the combined company would have the ability, and the incentive, to hamstring online innovation."

For more:
- the New York Times has this editorial
- and see this story

Related articles:
Georgia congressman links net neutrality with Comcast-NBCU deal
Comcast announces new NBC Universal executive team
Comcast, looking to tap into online viewership, says COO Burke will lead NBCU after merger

Suggested Articles

Increased internet speeds will outpace premises WiFi capabilities, category cables can deliver the high speed and low latency demanded by consumers.

After announcing a deal to integrate the Amazon Prime Video app earlier this year, Virgin Media said that service is now available to millions of its TV…

NCTA-The Internet and Television Association is pointing to a new report that shows the cable industry had a $450 billion impact on the U.S. economy in 2018.