Comcast Aims to Reshape Entertainment with NBC

Comcast recently announced plans to buy a majority of the NBC stock, giving them control over NBC company and the television stations and movie studios that it owns. While there may be some initial benefits in this for consumers, like quicker releases of movies to TV or faster TV on cell phones, many worry that Comcast is gaining too much power and is becoming a media conglomerate. Consumers could see higher prices and fewer choices with media becoming further concentrated due to this Comcast purchase.