This is an article on the proposed takeover of cable network giants NBC, by cable providing giants Comcast.
It is believed that Comcast's takeover of NBC could prove to be highly taxing for ad agencies and also for those linked directly to NBC. There are rising concerns over Comcast's intentions on barring rival cable providers access of NBC networks.
Even though GE has officially stated that Comcast is ready for the takeover, consumers are overly concerned with Comcast's plans to set higher fees for its customers.
A fascinating piece of news which will be even more interesting to follow as newer developments are reached.
1 comment:
Wow, I can definitely see why regulators are concerned. Comcast clearly has incentives to limit access to NBC content or charge high fees for it. I think regulators need to impose restrictions on this merger so that consumers don't lose out.
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