Comcast to Buy 51% of NBC, GE Goes After 49%

An anonymous reader writes to tell us that Comcast and General Electric announced a joint venture yesterday to control NBC Universal, with Comcast coming out with the controlling interest. Comcast's hopes seem to be on succeeding in a marriage of distribution and content, where Time Warner failed. "The deal was approved by the companies' boards, and is subject to regulatory approval. GE said it expects the deal to go through in the third quarter of 2010. Congress has already said it will hold a hearing to investigate whether Comcast will gain 'undue advantages' from the deal that gives it access to programming."

Comments

Re:whom the gods would destroy they first make mad

[czarangelus]

Conformists are the murderers of civilizations

Of course, non-conformity in one respect is often a signal that a person will have oppositional-defiant disorder in other locations as well. A person who refuses instruction in school will often be found to be intractable by religious leaders seeking to save their soul. An anti-authoritarian personality will disrupt the just and proper function of society everywhere they go; another example is insisting on a trial even when they know they're guilty. They should all be culled, but the tragic irony is that the intelligence required to maintain our institutions is the same intelligence that naturally grows in opposition to them.

Re:whom the gods would destroy they first make mad

[LOLLinux]

Let me guess, you're typing this all while listening to Linkin Park, NIN or Rage Against the Machine, right? Thanks for making my point, though.

Re:whom the gods would destroy they first make mad

[czarangelus]

Honestly, I wish I could express to you in words how happy it makes me to get responses like this. There is nothing more fulfilling in the world than the righteous indignation of the prick'd simian. I really, really want to thank you for your concern and interest. No joke - thank you.

As to my musical preferences, I think Immortal Technique, Dead Prez, Jedi Mind Tricks, Talib Kweli, and Sniper provide us with a more authentic and more literate example of the anti-conformist message.

Which is why the media companies are already dead. They pander to the least common denominator and that ultimately satisfies nobody. Bland, artificial vanilla, Diet Coke and upper middle class bourgoisie. As the financial crisis gets more entertaining, fewer and fewer people will be interested in the message.