The evil empire just gets larger. 
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Re: Comcast buys 51% of NBC
I dont even watch NBC........so I really dont care. -
Re: Comcast buys 51% of NBC
Comcast has money like this to just buy that large a stake in NBC?
Where have I been?"It may well be that we spectators, who are not divinely gifted as athletes, are the only ones able to truly see, articulate and animate the experience of the gift we are denied. And that those who receive and act out the gift of athletic genius must, perforce, be blind and dumb about it -- and not because blindness and dumbness are the price of the gift, but because they are its essence." - David Foster Wallace
"You'll not find more penny-wise/pound-foolish behavior than in Major League Baseball." - Rob NeyerComment
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Re: Comcast buys 51% of NBC
What has Comcast done to earn an 'evil empire' moniker?"You make your name in the regular season, and your fame in the postseason." - Clyde Frazier
"Beware of geeks bearing formulas." - Warren BuffetComment
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Re: Comcast buys 51% of NBC
What does this mean in broad terms, will this even matter to the me, the average viewer?
Conan did a whole skit on this last night.. not sure what to think about itComment
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Re: Comcast buys 51% of NBC
The actual NBC broadcast network is probably the least important part of the deal. Comcast gets the NBC Universal studios, content, and cable channels. Comcast could take these channels and jack the licensing prices up for Time Warner, Dish Network, etc. DirecTV recently dropped the Comcast owned Versus channel because of this. While Versus is largely irrelevant, other providers would actually have to bend over for USA, SyFy, MSNBC, Bravo, etc.
Comcast is trying to ride the wave of the future, which is hoarding content, and not giving a damn about cable infrastructure. Why put money in improving cable coverage or quality, when people will be watching more shows over the internet or IPTV stuff. They can make money leveraging their content now.Last edited by bkfount; 12-03-2009, 10:07 PM.Comment
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Re: Comcast buys 51% of NBC
I'm guessing that's because you're in the NE. Comcast is the biggest cable company in the country.
2008 revenues (From Wiki)
Comcast: $34.256 billion
Cablevision: $7.230 billion
Subscribers as of June 2009 (http://www.ncta.com/Stats/TopMSOs.aspx)
1. Comcast: 23,891,000
5. Cablevision: 3,093,000Comment
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Re: Comcast buys 51% of NBC
I knew that Comcast was the true rival of DirecTV, but I still didn't think they could afford to buy out NBC.
With all that NBC owns, I would have thought it would make more sense for them to own Comcast. But, something tells me that there is a FCC law somewhere that prohibits this."It may well be that we spectators, who are not divinely gifted as athletes, are the only ones able to truly see, articulate and animate the experience of the gift we are denied. And that those who receive and act out the gift of athletic genius must, perforce, be blind and dumb about it -- and not because blindness and dumbness are the price of the gift, but because they are its essence." - David Foster Wallace
"You'll not find more penny-wise/pound-foolish behavior than in Major League Baseball." - Rob NeyerComment
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Re: Comcast buys 51% of NBC
NBC Universal was only a subsidiary of GE, which is the world's largest corporation. Comcast is huge, although a cheap *** company with horrible customer ratings. They were hoarding money to make a big splash for years, and actually tried to buy Disney a few years ago for like $55 billion.Comment
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Re: Comcast buys 51% of NBC
Comcast is not going to be stupid enough to yank NBC off standard cable so I wouldn't be worrying about that. What's more likely is you'll see more synergy by having a lot of digital content on Comcast digital as well as web integration.
Someone clear this up for me but did Comcast buy NBC Universal? or just NBC? There's a distinction between the two and I can see Comcast having more then enough money to buy NBC as a single entity. I did read that Comcast wanted to merge with the entire NBC Universal conglomeration of networks and other properties so I don't know what this is.Member of the Official OS Bills Backers Club
"Baseball is the most important thing that doesn't matter at all" - Robert B. ParkerComment
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