Comcastrophe:: Comcast/NBC Ruling

Today, the Federal Communications Commission grants—with conditions and enforceable commitments approval of the assignment and transfer of control of broadcast, satellite, and other radio licenses from General Electric Company (GE) to Comcast Corporation. The approval will allow GE and Comcast to create a joint venture involving NBC Universal, Inc. (NBCU) and Comcast. Some critics such […]

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NYTimes: A Shrewd Deal for Comcast?

The Comcast boss, Brian Roberts, said buying control of NBC Universal, General Electric’s media business, made him and his cable group “strategically complete.” This was code to his shareholders, who have worried about him building a media empire ever since he tried to buy Walt Disney, that he’s done shopping, Reuters Breakingviews says. But to […]

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