Comcast to buy Time Warner Cable for $44 Billion

Discussion in 'Politics, Religion, Social Issues' started by MacNut, Feb 12, 2014.

  1. MacNut macrumors Core

    MacNut

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    CT
    #1
    http://dealbook.nytimes.com/2014/02/12/comcast-set-to-acquire-time-warner-cable/
    The monster gets bigger.
     
  2. bradl macrumors 68040

    bradl

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    #2
  3. citizenzen macrumors 65816

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    Mar 22, 2010
    #3
    This is interesting from an Apple perspective ... It was just in the news today that Apple was about to launch a new version of Apple TV, hinged partly on negotiations it was having with Time Warner.

    I wonder how these new developments changes things.
     
  4. SkyBell macrumors 604

    SkyBell

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    Texas, unfortunately.
    #4
    Its so nice when the biggest companies in a particular market put aside their differences as rivals, and agree to combine forces so they can more easily drain their customers wallets.
     
  5. MacNut thread starter macrumors Core

    MacNut

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    CT
    #5
    The 2 biggest cable companies merging I would hope would draw some concern but it probably won't. They will become the Bank of America of Cable. Suck up everything in site until there are no other options.
     
  6. SoAnyway macrumors 6502

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    #6
    So deregulation and agreeing not to compete in each other's area isn't enough that now they must merge?

    Where's Google fiber?
     
  7. Solomani macrumors 68030

    Solomani

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    #7
    If enough Americans actually wrote to their Congressmen to oppose the merger, then there would actually be huge anti-trust scrutiny before the merger can come through.

    Many proposed mergers fail because of too much anti-trust scrutiny and pressure from the opposition. Remember the AT&T attempt to acquire T-Mobile?
     
  8. rdowns macrumors Penryn

    rdowns

    Joined:
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    #8

    Rivals? They don't compete in a single zip code. In most areas, you have no choice. If you're lucky, you have cable and FIOS or u-verse as a choice.
     
  9. jbachandouris macrumors 601

    jbachandouris

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    Location:
    Upstate NY
    #9
    Write your Congressman? Do you seriously think they care if we live or die? They could care less what we have to say.

    Vote with my wallet? Where I live there's NO other option than TWC. No FIOS yet because Albany won't let them run fiber and apparently there's no other way to get to Rensselaer.

    Between this news and the snow storm today, very unhappy.
     
  10. obeygiant macrumors 68040

    obeygiant

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    totally cool
    #10
    Google fiber is in Austin TX, Kansas City, and Provo UT.
     
  11. LizKat macrumors 68040

    LizKat

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    #11
    Wow. All the people screaming "socialism!!" over healthcare -- I will like to know from them what is the difference between state-owned television and TheOneBigCableCo.
     
  12. edk99 macrumors 6502a

    Joined:
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    Location:
    FL
    #12
    The problem with what you are saying is that they don't compete against each other unlike ATT and T-Mobile whee they are fighting for the same customers.

    In my area both are available but on my specific zip code or more specifically my street only one is available. I do have a U-Verse or Centurylink option and 2 satellite options and I currently use Directv. So there are choices. I'm a little more limited on internet service and I do have TW because my only other options would be ATT or Centurylink.

    So I'm not sure there can be justified opposition to it other then the combining of the 2 largest cable operators into one.

    The biggest thing I hate about the cable companies are for apartment dwellers that have no choice. In my area just about all apartment complexes have contracts with either TW or Comcast and that charge is included in rent even though you watch TV or not or prefer something else like satellite your SOL.
     
  13. rdowns macrumors Penryn

    rdowns

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    #13
    IMO, competition isn't the issue here as they don't actually compete for the same customer. The issue is controlling the pipes and the content.
     
  14. bradl macrumors 68040

    bradl

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    #14
    IIRC, Google Fiber can't be provisioned out in Utah thanks to one of these two companies and their protest to Congress about it. I'll find the link for it when I get to work, but there was a decent upheaval about it mentioned in the press.

    BL.
     
  15. TheHateMachine macrumors 6502a

    TheHateMachine

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    Location:
    Houston, TX
    #15
    The apartment complexes like to make you think that those contracts are legit but they aren't. They were struck down by the FCC back in 2007.

    You can get whoever you want, as for the charge that is included in your rent though you are truly SOL.

    FCC bans residential contracts.

    http://www.gtlaw.com/portalresource...-7146/pdfCopy.name=/1200d.pdf?view=attachment

    Appeal gets struck down.

    http://arstechnica.com/tech-policy/2009/05/federal-court-upholds-fcc-ban-on-exclusive-cable-deals/

    I cannot find the last article but the laws were changed to encompass broadband as well.
     
  16. MacNut thread starter macrumors Core

    MacNut

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    CT
    #16
    This is the issue, if Comcast gains control of TWC they will own 1/3 of the countries cable infrastructure. That will give them a huge advantage in barging content deals and setting the price high.
    http://online.wsj.com/news/articles...0001424052702303704304579379801986541412.html
     
  17. zin macrumors 6502

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    United Kingdom
    #17
    I can't see the Justice Department or the FCC letting this one slide without raising some eyebrows.
     
  18. Sydde macrumors 68020

    Sydde

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    Aug 17, 2009
    #18
    Socialism is kind of like when the government takes on services that could be handled by the private sector, this, the government looking the other way, is more akin to conspiring to establish plutocracy, or maybe a bit like fascism.
     
  19. SoAnyway macrumors 6502

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    #19

    Exactly. If things get worse, our media will be like North Korea's where it is "state approved". Only that it won't be state approved but "corporate approved".
     
  20. hallux macrumors 68020

    hallux

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    Apr 25, 2012
    #20
    Howdy neighbor! I'm just a bit North of you, similar situation regarding getting FIOS, the municipalities won't let them dig to bury the fiber and they won't run it on a pole.

    In my case, the apartment complex doesn't necessarily have a contract with the cable company. However, the complex won't let residents install a dish or make changes to internal wiring in the unit (3 rooms are pre-wired for cable, using a dish would require changes to wiring which they won't allow). Verizon doesn't offer DSL service in my zip code, probably too far from an office. My ONLY option for TV and internet is TWC but it's not a contract negotiated by the complex, I sign up for my own service and pay TWC for said service.

    I just CAN'T see how this can be allowed to happen. It just does NOT look promising for keeping prices down. They have us by the dangly bits already, this can't be in an effort to LOWER prices! Comcast DOES offer packages in Saratoga (nearby city), so they DO compete in that market as my TWC service is technically through the Saratoga region.
     
  21. rdowns macrumors Penryn

    rdowns

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    Jul 11, 2003
    #21
    Our media is and has been corporate approved for over a decade.

    A bit outdated. Replace GE with Comcast.

    [​IMG]
     
  22. LIVEFRMNYC macrumors 603

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    Oct 27, 2009
    #22
    Yea, cause Google has never had any antitrust issues. :p
     
  23. SoAnyway macrumors 6502

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    #23

    And what were the regulators doing while these mergers were being approved?



    Here I thought thinking their motto was "do no evil". ;)
     
  24. rdowns macrumors Penryn

    rdowns

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    #24

    Counting the days until they leave their government job and cash in on the industry they were 'regulating'.
     
  25. SoAnyway macrumors 6502

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    #25

    The revolving door in Washington, unfortunately.
     

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