[net-gold] INTERNET: NET NEUTRALITY : BUSINESS: ACQUISITIONS MERGERS : MEDIA : BROADCASTING : TELEVISION: CABLE : BUSINESS: CORPORATIONS: NAMED CORPORATIONS: COMCAST, TIME WARNER: Comcast-Time Warner Deal Puts Philadelphia Giant in New York, Los Angeles
- From: "David P. Dillard" <jwne@xxxxxxxxxx>
- To: Net-Gold -- Educator Gold <Educator-Gold@xxxxxxxxxxxxxxx>, net-gold@xxxxxxxxxxxxx, Net-Gold <Net-Gold@xxxxxxxxxxxxxxx>, NetGold <netgold@xxxxxxxxxxxxxxx>, K-12ADMINLIFE <K12ADMIN@xxxxxxxxxxxxxxxxxxx>, K12AdminLIFE <K12AdminLIFE@xxxxxxxxxxxxxxx>, MediaMentor <mediamentor@xxxxxxxxxxxxxxx>, Nabble Groups Net-Gold <ml-node+s3172864n3172864h56@xxxxxxxxxxxxx>, Net-Platinum <net-platinum@xxxxxxxxxxxxxxx>, Sean Grigsby <myarchives1@xxxxxxxxxxxxxxx>, Net-Gold <NetGold_general@xxxxxxxxxxxxxxxxx>, Temple Gold Discussion Group <TEMPLE-GOLD@xxxxxxxxxxxxxxxxxxx>, Temple University Net-Gold Archive <net-gold@xxxxxxxxxxxxxxxxxxx>, "Net-Gold @ Wiggio.com" <netgold@xxxxxxxxxxxxxx>, Health Lists -- Health Diet Fitness Recreation Sports <healthrecsport@xxxxxxxxxxxxxxx>, HEALTH-RECREATION-SPORTS-TOURISM@xxxxxxxxxxxxxxxxxxx
- Date: Thu, 13 Feb 2014 20:57:04 -0500 (EST)
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INTERNET: NET NEUTRALITY :
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Comcast-Time Warner Deal Puts Philadelphia Giant in New York, Los Angeles
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Comcast-Time Warner Deal Puts Philadelphia Giant in New York, Los Angeles
Bob Fernandez
Philadelphia Inquirer
Posted: Friday, February 14, 2014, 3:01 AM
http://www.philly.com/philly/business/20140214_
Comcast-Time_Warner_deal_puts_Phila__giant_in_New_York__Los_Angeles.html
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A shorter URL for the above link:
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http://tinyurl.com/modsehm
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Comcast Corp. made another stunning acquisition on Thursday, purchasing
once-powerful Time Warner Cable Co. for $45.2 billion, and creating the
following:
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Platforms in the two largest markets in the country, New York and Los
Angeles, to promote NBC television, as it does in Philadelphia and other
markets.
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Another 11 million eyeballs to be captured by Comcast, which does remain,
despite its permutations, a deliverer of cable-TV.
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An enlarged stable of Comcast-owned sports networks, with one that owns
the rights to Los Angeles Lakers games.
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Panic and anger in Washington, D.C., where regulators such as the Federal
Communications Commission, politicians of every political stripe, consumer
advocates and free-marketers, will wallow in a mud-wrestle that should be
entertaining and consequential.
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snip
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The deal, formally disclosed in a 6:30 a.m. news release and followed by a
briefing to Wall Street investors by Comcast chief executive Brian Roberts
and Time Warner Cable chief executive Robert Marcus, ended months of
speculation over the fate of Time Warner Cable. Smaller rival Charter
Communications Inc. had publicly said for months that it should merge with
Time Warner Cable and on Tuesday had offered an independent slate of
directors for Time Warner Cable's board. Charter's most recent
$132.50-a-share offer had been rejected by Time Warner as "low-ball."
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The complete article may be read at the URL above.
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Sincerely,
David Dillard
Temple University
(215) 204 - 4584
jwne@xxxxxxxxxx
http://workface.com/e/daviddillard
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