Comcast Offers To Shed 3.9 Million Subscribers To Ease Cable Deal

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:fuck comcast

[NotDrWho]

If corporations were really people, we could send them to prison.

Corporate "personhood" is a laughable fiction, embraced only by our insane Supreme Court and business conservatives, Though, granted, it would be nice to think we could have lead Enron away in handcuffs the way we could have a real person.