Comcast consummates the deal

Gee, great. Another reason for Comcast to completely neglect our local franchise. What about the thousands of customers in our region? I think this actually increases the likelihood of a Comcast default on the local contract PROMISE to bring high speed internet to our area. ~Michelle

http://broadbandbreakfast.com/2009/12/comcast-consummates-the-deal-now-the-tough-part-begins/

More at the link…

It happened, as predicted by some and discounted by others; a Comcast-NBC Universal merger that has wide-ranging implications on both future Content and Internet usage. However, the tough part for Comcast begins now, today, and that is to placate dissenters like the Consumer Federation of America, the Free Press, and tough Federal Regulators that this will help both competition and increase access to broadband, not hinder it.

The Free Press has issued a press release denouncing the merger while giving reasons that the deal should be at least, a violation of Video Competition Anti-Trust Laws; see (Comcast-NBC Merger: Just Say No). On the other hand, Comcast CEO Brian Roberts released his own statement regarding the merger designed to get out front of the expected controversy that the deal would attract. (Comcast and GE to Create Leading Entertainment Company)

“We are prepared to make affirmative commitments to ensure that the pro-consumer and public interest benefits of the transaction are realized,” Roberts said. “Today, we have announced a number of initial commitments that expand on the capabilities that Comcast and NBCU have built over the years, and the new opportunities that this combination makes possible. These commitments address the needs of various audiences and stakeholders, and we will provide additional details on these and other commitments in our public interest filing with the Federal Communications Commission.”

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Other Links to this Post

1. Kylie Batt — April 11, 2010 @ 3:24 am

2. Kylie Batt — May 18, 2010 @ 5:02 pm

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