Earlier this morning Comcast Corporation proposed a $45.2 billion dollar acquisition of Time Warner Cable Inc. This deal could potentially create a new level of pay television for both companies but more so for Comcast. This would put Comcast in 19 of the 20 major U.S. TV markets that span from New York to Los Angeles.
This deal would give Comcast leverage over negotiations with content providers. This could change the way consumers and the providers pay for their services. This may also have an interesting or even obscure effect on their advertising partners.
How Do You Think This Will Effect Subscribers?
Previously there was talk of a smaller company that was interested in the merger, Charter Communications Inc. Now, it seems that this new surprise merger will be the official end all for any chance in Charter having a go at Time Warner. Although this merger is not complete, there is still FCC approval and also the Department of Justice needs to exams the conditions , it still has raised quite a few eyebrows and definitely has stirred the pot on the social front.
Comcast is certain that this would not interrupt any competition for other companies since the two, TWC and Comcast, does not overlap or even partake in similar zip codes. This will of course allow TWC to utilize Comcast’s current cloud based set top boxes and both companies will be able to increase their broadband speeds. Really giving each companies’ customers better services. Still seems like a win win for all.
For those of you who are pissed off by this, there’s always FiOS and Optimum.
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