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: GamePolitics.comFCC Approves Comcast-NBC Universal Merger
By james_fudge
The Federal Communications Commission has approved a merger between cable operator Comcast and television network and media company NBC Universal. The deal has a number of strings attached according to a Washington Post report, but many net groups think that the agency didn't go far enough in its conditions for approval of the deal. When the deal is complete, Comcast (the country's largest cable television provider) will control such networks as USA, Bravo, MSNBC, NBC, and CNBC - to name a few.
Four out of five commissioners voted to approve the merger. The Justice Department also gave the green light for the deal today.
"After a thorough review, we have adopted strong and fair merger conditions to ensure this transaction serves the public interest," FCC Chairman Julius Genachowski said. Read More
Full post as published by GamePolitics.com on January 18, 2011 (boomark / email).
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