Subscribe

The Making of a Monster Merger: Comcast-TWC Edition

[CC BY-NC-SA 2.0] flickr

[CC BY-NC-SA 2.0] flickr

Comcast has proposed a $45.2 billion takeover of Time Warner Cable that could create a corporate beast of disastrous proportions. The deal would grant Comcast, which already owns NBC Universal, domain over the data delivered to a near majority of homes in the U.S. via cable and Internet services. Netflix CEO Reed Hastings has already thrown down the gauntlet with Comcast over net neutrality concerns.

Craig Aaron, president of the online rights lobby group Free Press, gave a grim forecast about the Comcast-TWC deal to The Guardian on Thursday:

“This is a company that has already been caught blocking internet traffic,” said Aaron. “But it’s clear their long-term plan is to take a free and open internet and turn it into something like cable TV, where they pick the channels and they speed them up and slow them down based on who pays them the most.”

“If you hate your cable guy now, you are going to hate your cable guy on steroids,” said Aaron.

Of course, the heads of both companies characterized the deal as “pro-consumer” on a call to journalists that day.

— Posted by Donald Kaufman.

Donald Kaufman
Correspondent
Donald Kaufman began contributing to Truthdig in 2013. He has reported from many locations, including Los Angeles, Washington, D.C., and North Dakota, where he covered the confrontations over the Dakota Access…
Donald Kaufman

Now you can personalize your Truthdig experience. To bookmark your favorite articles, please create a user profile.

Personalize your Truthdig experience. Choose authors to follow, bookmark your favorite articles and more.
Your Truthdig, your way. Access your favorite authors, articles and more.
or
or

A password will be e-mailed to you.

Statements and opinions expressed in articles and comments are those of the authors, not Truthdig. Truthdig takes no responsibility for such statements or opinions.