Comcast deal for NBC Universal faces new concerns

The NBC Universal hookup with Comcast is continuing to run into opposition, this time from Sen. Jay Rockefeller (D-W.Va.) who warned that consumers had to be a major concern in a merger that involves television and online video. Rockefeller, who heads a Senate Commerce Committee panel reviewing the proposed merger, said "This hearing is an opportunity to have a serious a discussion about consumers," adding that a deal shouldn't leave the public with fewer programming choices and higher rates.

Comcast agreed to a deal with General Electric in December for the flagging broadcast property that would give it a 51 percent stake in the joint venture valued at just more than $28 billion. The deal has to be approved by the FCC and the Justice Department.

For more:
- see this Bloomberg article

Related articles:
Comcast and GE finally agree on NBCU deal
Comcast promises to not kill Hulu, spin off NBC

Suggested Articles

AT&T is nearly five months out from the launch of HBO Max and the service still doesn’t have distribution agreements in place with Amazon or Roku.

As for content, audiences have primarily tuned into entertainment and news programming.

Disney may be sandbagging Hulu’s international expansion plans to avoid having to pay more to Comcast, which still owns one-third of the service.