Comcast Offers To Shed 3.9 Million Subscribers To Ease Cable Deal

Posted by samzenpus on Monday April 28, 2014 @02:19AM from the how-about-now? dept.

An anonymous reader writes "In a bid to win regulatory approval for its proposed $45 billion takeover of Time Warner Cable, Comcast has offered to sell 1.4 million pay TV subscribers to Charter Communications for $7.3 billion. From the article: 'Comcast also said it would divest another 2.5 million subscribers into a new publicly traded company, dubbed SpinCo for now, to be one-third owned by Charter and two-thirds owned by Comcast shareholders. The deal will make Charter — whose own bid for Time Warner Cable was thwarted by Comcast's higher offer — the second-biggest U.S. pay TV company with 5.7 million customers, overtaking Cox Communications Inc.'"

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Re:Don't care by Kohath · 2014-04-28 04:26 · Score: 1, Flamebait

The US approach: cozy up to the guys in charge of regulating you. Contribute to their campaigns and run a 24-hour propaganda network for their benefit (MSNBC). Then they'll allow you to do whatever you want.