Comcast Seeking Control of Both Pipes and Content?
techmuse writes "Reuters reports that Comcast may be attempting to use its huge cash reserves to purchase a large media content provider, such as Disney, Viacom, or Time Warner. This would result in Comcast controlling both the delivery mechanism for content, and the content itself. Potentially, it could limit access to content it owns to subscribers to its own services, thus shutting out competing services (where they still exist at all)."
Didn't it not work out very well?
Unfortunately, the Parent poster isn't a troll. It wasn't just Republicans pushing for the DMCA and the extensions to the copyright term.
Anyone remember AOL Time Warner? which is now in the process of being undone....
Content and pipes are fundamentally different businesses. In a content business, there's no monopoly position to use to increase profits year after year. Content providers have to continually produce content people want to see as opposed to providing mediocre service and raising prices every year. If Comcast does this, it will be a disaster.
Going with that "synergy" thing again .... doomed from the start.
I guess nobody learns anything from these crappy "synergy" mergers / acquisitions...
Catalin Braescu
Ofaly.com