Comcast To Buy Time Warner Cable In $44.2 Billion All-Stock Deal
symbolset writes "CNBC and many others report Time Warner Cable has agreed to be acquired by Comcast for $44.2 billion. From the article: 'The agreement comes more than eight months after Charter Communictions and Liberty Media made their first foray to try and negotiate a deal to acquire Time Warner Cable (a story broken by CNBC) and follows months of conversations between Time Warner Cable and Comcast about the prospect of a Comcast acquisition of the company. '"
/nuffsaid
In terms of competition, verizon buying time-warner is a much bigger deal than the blocked attempt of at&t buying t-mobile. This purchase can't possibly be allowed to proceed.
Warning: Opinions known to be heavily biased.
That two biggies merging. Will they be put under the scrutiny of an antitrust investigation? That will definitely eliminate choice in several areas. What the alternative, dial up or over the air broadcast?
You say things that offend me and I can deal with it. Can you?
In some places, people will be able to choose from Time Warner/Comcast and in others they will be able to choose from Comcast/Time Warner.
Oh, wait, this is the same situation that exists now where DSL or FTTC isn't meaningfully available.
They both suck almost as much as Beta, which I accidentally viewed today. Oh, the pain....
We need to cap your internet usage and charge you usage fees as well as bandwidth fees because, oh god, it's so hard to make money in the telecommunication business we just can't seem to stop having enough money to buy each other out. By the way, we're going to increase your monthly flat rate bill a good 10% again this year because hey, those "Friends" reruns sure are getting expensive to er, broadcast.
Seven puppies were harmed during the making of this post.
Wow! With their improved economies of scale, my rates should drop, and I should get better service than ever!
Is there already a Whitehouse.gov petition asking Obama to oppose this? Since the cable companies seem to think they will get away with it, we need to act fast to shame Obama into stopping this.
Equals a ISP landscape that will even more consumer unfriendly.
No good deed goes unpunished.
not the best news;; https://search.yahoo.com/search;_ylt=A2KLtYEpxfxSClQA93CbvZx4?p=w.+va+n.+carolina+spills&toggle=1&cop=mss&ei=UTF-8&fr=yfp-t-901
other stuff overlooked in spiritless media http://www.youtube.com/results?search_query=starvation+genocide&sm=3
Comcast will just bribe the FCC again
America was fun while it lasts, but if people can keep being bribed to do favors, corruption can inevitably kill a country. We have laws that you can't buy a vote. That seems noble. But the fact is that politicians can accept campaign contributions which is just a fancy word for a bribe. Who needs to buy votes when you can buy a politician?
Again, I love America, but corruption unchecked can destroy any nation no matter how strong. And with campaign contributions running rampant, the game is rigged in favor of the corrupt.
God spoke to me
As a consumer I'm thrilled by this. Less choice means I don't have to think as much!
Comcast have been rolling out IPv6, and I can now get all of Google/YouTube, Facebook, and Wikipedia. Slashdot is still only IPv4, of course.
TWC's installed equipment may delay a roll out right now, but a long term commitment to IPv6 would be good.
I guess it is time to switch to the Netflix DVD option, or join Redbox.
This should not even be on the table. A nearly unrelated virtual monopoly, growing even larger.
---- Booth was a patriot ----
As if Comcast being second most hated company (EA was first) wasn't bad enough, now the giant will have almost a monopoly on cable (if it is approved). Things will NOT get better with this merger, only worse since they will have almost no competition.
Well, they have to pay for the purchase somehow, and you cant expect them to take it out of current profits/bank accounts.
---- Booth was a patriot ----
Surely Time Warner understands by now that getting bought in an all stock deal is a stupid friggin' idea.
Because when AOL bought them with over-inflated .com stocks, it was a terrible idea and ended up with a grossly over-valued company with few actual assets owning a company which had both revenues and assets.
I predict that in the long run this will be a terrible idea for both consumers and stockholders.
Lost at C:>. Found at C.
One of the main factors that cause cable television bills to increase is Channel Providers raising costs on cable companies. ESPN has been notorious for raising rates over the years. If the cable company gets bigger it has better negotiating power to maintain current rates (what broadcaster is going to loose 3 million subscribers by pissing off the cable company in negotiations). I doubt that the current rates will decrease, but it could stabilize costs some. This is not to mention that Time Warner actually has worse consumer reviews than Comcast. Time Warner customers would likely see an improvement.
Disagreeing with you does not make me a troll.
I wonder if Comcast plans to upgrade infrastructure in TWC service areas. Friends of mine in pre-war NYC apartment buildings seem to have terrible service degradation in the evenings as more people get online.
Keep the faith, share the code
Shytergy.
I wonder if the paid for politicians have the brass to break it up. If they can't common carrier status becomes imperative.
Now let's suggest a proper Noun to name the new company, and a verb or noun to describe the service provided. Bonus points: company slogan
example:
ourcast, intranet, thank you for your patience, like you had a choice.
Some drink at the fountain of knowledge. Others just gargle.
If this does go through and I have my doubts, I want the FCC NOT to force them into divestiture but offer higher speed Internet, ala carte pricing, sign off on Net Neutrality, and remove all bandwidth throttling and caps. The time is not to try and create competition, because there is none in cable, but to actually make a company perform like it is in a competitive environment.
Great! Now, instead of having one choice for high-speed (haha) internet, I'll only have one choice for high-speed (haha) internet.
-- sudon't
Air-ride Equipped
How long until these merged companies rename themselves to Innovative Online Industries?
I have TWC and have heard nothing positive about Comcast. When TWC bought AOL, it was the worst corporate merger ever in US history. Now they're selling out to the king of all assholes, Comcast? I can't wait for my prices to go up and my netflix to get throttled.
I hope Bright House is unaffected by this (as I understand it, they're a separate company from TWC at this point in my area, I think).
They make more money just buying customers from someone else than simply building out to more customers.
say good by to SD / HD channels on TWC to match Comcast non SDV setup
ESPN Goal Line HD/ Buzzer Beater HD
Some of multiplex hbo, show, max, stars, HD channels.
premier league extra time HD as a real channels
BTN alt HD
EPIX
and others
If this goes through, we will get a glimpse of what tier internet will look like.
I know, I know, we have a good idea what tiered internet looks like, but this will give us some real concrete evidence.
So the slashdot community is in full revolt. I have read extensively the reasons for the dislike of the beta and I happen to agree with them. I also agree that Dice's corporate double speak doesn't do anything to soothe the situation.
With that being said the choice of language chosen by the community to voice their opinion is poor. Using swear words doesn't advance the cause and makes people who might agree with you want to distance themselves from you.
I sincerely hope that you are successful with soylentnews.org. It has become clear that this sites days of relevance are behind it.
OH please, Comcast and its subsidiaries (NBC et. al.) have been so obsequious to the Obama administration the last 6 years that this thing will fly through Justice Department review.
Comcast is way better then TWC
Service will suck when you want watch a video that is FIOS by Verizon
Yeah, then 20-30 years after Time Warner Comcast is broken up, 6 of the 7 pieces are merged back into a single company.
Holy shit, dude, shut the fuck up and stop spamming this shit everywhere.
They should have to divest NBC, Telemundo, Universal Pictures, and any other content and local stations. This company is getting a little too much of the distribution network for comfort. I'm a customer as they are the only practical option in my area (the only other being Frontier Communications with some relatively slow DSL) and they've largely behaved themselves but we separated content delivery and content generation for a reason.
Literally nobody cares.
You certainly project that YOU do, stupid... lmao!
Boy, You sure stopped him (not).
It is not like there actually is competition.
The US cable industry reminds me of the old joke about Soviet Russia television; Channel one has the official party line, while channel two has the KGB announcer telling you to turn back to channel one. The cable companies all treat customers like domesticated farm animals, you are either inside of one farmers fence or another's, you can only move from one pasture to another pasture with much paper work and time off from work, yet still you will eat the same grass.
I am the unwilling control for my Origin.
We're laughing at you fool
Why did you post the same message twice? Do you no longer even pretend that you're not a blatant spammer?
Do you take pride in the fact that you've been downmodded and banned more often than any other person in Slashdot history?
Also the timestamp of the parent post and this post proves that you're abusing proxy servers or TOR to circumvent posting limits (and obviously to circumvent your IP bans but that goes without saying).
At least your posts are much shorter than they used to be since Slashdot actually reprogrammed Slashcode last year to detect and filter long "APK-style" posts. Does it make you proud that you're posting on a site that's actually dedicated programmer resources to try to keep you out?
1) I will literally fly you down to dallas texas at my expense to show you just how hard I want to "make you."
2) I actually can offer something superior:
An image of you just after you shoot yourself in the head, hit a neonatal trajectory, have to do it again..3 or 4 times before dying in agony. On live cam, and the rats are clawing your dead lifeless eyeballs and fighting over the 13 grains of gray matter you may possess.
I swear that said non-fatal before I hit submit not neonatal..fucking S3 firmware update
Please keep posting, apk. The more often you post, the faster your proxies and exit nodes will get banned. Or are you running a botnet via your shitty "host file manager" malware?
People who think this merger will help customers. Must also believe Obama is the best President for American's since George Washington. Most mergers help reduce overhead costs such as billing and customer service. Look for even worse customer service with this merger. Yes, I think Comcast/ Warner will have a better negotiating position with content providers. But don't expect these savings to be passed on to customers. What I actually see is less pressure to update and improve service, poorer customer service and continued cost for services increases without much improvement. The reason why is very simple. The same mega companies were controlling the phone companies many years ago. So the Feds forced them to break up and become smaller less powerful entities. Cable companies are merging for the same reasons as those phone companies. Gain a monopoly over customers and price services for maximum profits.
There is no point in discussing relative service levels, customer service, blah blah blah. None of that is the significant issue at stake.
First, Net Neutrality. A 'TimeCast' conglomerate will wield immense power and be able to enforce selective access and performance. If Netflix is your favorite video provider, you will be left at the mercy of a much larger and much more motivated ISP. This is an opportunity for the FCC to join Justice and require neutrality of access and routing as a condition. Let the court fights begin... Here, consumers have little hope that the government will act in their best interest, or even be allowed to.
Channel selection will become more interesting as this is an entity that could challenge content providers such as Disney and ESPN, and we'll see the battle between cable systems too big to ignore and content too valuable to refuse. I doubt consumers will benefit from this in any way.
Pricing will go up, count on it. Municipalities will take advantage of that and hang increased fees on these price changes, and consumers will pay more. Period.
There is nothing good about this. And there need not be, since corporations are not motivated to act in the best interest of their customers, merely to earn profits. that should, in a perfect world, result in serving customers, but it need not, and we are not in a perfect market or world. Oligopolies like this will not operate int eh customer's best interest.
Which is the current state of our government, not serving its citizens well at all. And that is why limited and constrained government is essential, and abdicating power to a central federal government is a bad idea. Corporations need also to be restrained. Same problem.
deleting the extra space after periods so i can stay relevant, yeah.
Government control can very quickly turn into censorship by latter-day Puritans that now wear the buckles on their brains instead of their hats.
The deal would be a coup for Time Warner Cable Chief Executive Rob Marcus, who just ascended to the top job on Jan 1. Filings show that the former mergers and acquisitions attorney is set to pocket $50 million if Time Warner Cable is sold and he is replaced while he is CEO.
I live ze unknown. I love ze unknown. I am ze unknown.
This merger has zero impact on your choices. Their territories don't overlap.
Are agnostics skeptical of unicorns too?
Petition at Whitehouse.gov
"with their freedom lost all virtue lose" - Milton
Ya can't fuck it up. Well ya can't fuck it up more than Time Warner. Unless you stop having service completely, forever. Better than that you're on par with Time Warner.
But the real point here is that Comcast now owns the lagest VoIP network in the nation if not the world. One stop shopping for the NSA while Obama's FCC gets to tax it some more.
So, the breakup spurred innovation which in any industry can only go on for so long before it matures. consolidation happened as cell phones and the internet matured into the modern from of telephony.
Some drink at the fountain of knowledge. Others just gargle.
You certainly write like a dimwit.
I suggest reading a book in protest. Voltaire anyone?
Please do not read this sig. Thank you.
a pity, I'd love to have him TRY make good on his threats (be the LAST FUCKING THING THAT LITTLE FUCKWAD WOULD DO IN THIS FUCKING LIFE, I shit you not) I eat little SHITS like him, almost every week around here, because it's so full of asswipes like him around here... apk
What, gonna have your mommy beat him up for you? Pussy.
I lived in Adelphia's service area at the time. Adelphia had done some serious rollout in the region, they laid a lot of wire in anticipation of offering cable telecom services, then they hit the local market with the first real broadband option. When Comcast bought Adelphia, they soaked up all the new markets that had just been built, and stopped building. We need a cable company that gives a damn about their network.
Don't talk that way to apk: He did yo mama. You came out.
I read his words fine. You're the dyslexic mentally addled moron.
Shut the fuck up, Paul.
You certainly write like a dimwit
Of course the FCC will let this happen - There are still lots of six and seven figure salary positions open for ex-FCC honchos at Comcast!
Differences between how you act when some one is watching, and how you act when no one is watching, define who you are
Stupid. He now knows downmods = useless. We see both his posts.
Everybody knows that Jeremy Corinthius is one of your sockpuppet accounts, apk. Stop making a fool of yourself.
I have Comcrap right now, and while it's not great by any means, I do have to say it's been fairly reliable (though not cheap), and I haven't heard nearly as many horror stories with it as I have with TWC.
I wish I had Cox instead. I had Cox in Arizona and again, while not great, they were a lot better than Comcrap, they were actually bordering on decent. When I had tech problems, their phone support people actually knew how to solve them.
If the companies existed only as cable television companies, you may have a point. But it is more complicated than that.
These companies are also broadband providers and as such, the combined company would control a much larger percentage of the infrastructure necessary for companies like Netflix and Hulu... companies that compete with the television side. With the recent suspension of net neutrality, the potential for anti-competitive abuse has certainly increased.
528 Reiger St Dallas, Texas 75223.
Come and get it.
I was not thrilled when I heard that Charter was trying to buy Time Warner Cable but this deal with Comcast means that all the roadrunner clients will get squashed.
Agrisea Tsunami - Epyc Servers... https://agrisea.net/products
So you admit that you're abusing Slashdot by violating the posting limits and other rules?
Question is, are you breaking rules? I have a pc, a smartphone, laptop, and pc with different isps. I can post here that way too. Turn off any of them, acquire a new ip address, and you can do the same. That is not breaking any rule at all. It's merely powering up or down equipment. You do have someone here that had the cops called on them in Dallas today though (redmancometh) http://news.slashdot.org/comme... and nobody does anything about that (death threats and such) do they? So let's not speak rules here.
redmancometh broke laws and rules here (cops called on him) http://slashdot.org/comments.p...
Shut up, Paul.
Hello apk (you forgot to sign your post) -- using multiple IPs to circumvent your well-deserved IP bans is abuse of Slashdot and is illegal. You are accessing a service whose owners do not want you to access it, and who have taken extensive measures to try to prevent you from accessing it. Using technological measures to circumvent these restrictions constitutes unauthorized use and abuse of a computer system. Spamming and harassment are crimes as well. You are subjecting yourself to many years in federal prison, as well as subjecting yourself to civil liabilities that could easily bankrupt you. You are without ethics or morals. Karma is a bitch (and I'm not talking about Slashdot karma). Someday you will answer for your many crimes.
The coward apk got called out and has no response.
Are you the owner? No. Let the owner say it. They sure condone deaththreats here though http://slashdot.org/comments.p...
You have been royally pwned http://news.slashdot.org/comme...
Powerful parties have taken an interest in your crimes. This goes far beyond Slashdot. You are being watched. It's too late to stop what's going to happen. You've made enemies all over the world and the time has come for your victims to fight back.
A) It's a real address. I'm pretty sure my house isn't fictional. Do you want a picture?
B) I made no threats at all whatsoever. I just said I'd show you just how much I'd love to make you do something. Maybe that means I'd give you a blowjob who knows?
C) The person who calls the police on some random stranger on the internet isn't the "little cowardly crumb"?
Go take your meds nutjob.
Oh and the other comment was me saying you killing yourself (albeit in detail) was superior to HOST files.
Nowhere does it say I am going to cause you harm.
But time warner as a whole is 3 x bigger than Comcast. It is not every day you see a big fish give up some of its territory. Aside from that, this is not good news for consumers.
Save your words. It's too late. You'd better hope you end up in jail because that's basically the best-case scenario for you.
I bet you're still monitoring this week-old thread for replies, aren't you? Sitting at home alone, unemployed, no friends, no hobbies except spamming and trolling, apk patiently waits for someone (anyone) to give him attention, no matter how long it takes.