The Federal Trade Commission is giving a bit of pre-marriage advice to Facebook and one of its many betrothed, messaging app WhatsApp, which said “I do” to Facebook’s $19 billion (with a “b”) proposal back in February. Given Facebook’s past transgressions, the FTC felt that maybe it was worth reminding the giddy-in-love couple that there are laws about what they can and can’t do with users’ data. [More]
mergers and acquisitions
Comcast To Senate: “Bigger Is A Good Thing”
By 4.9.14
This morning, executives from Comcast and Time Warner Cable attempted to make a case to the Senate Judiciary Committee for the proposed $45 billion merger of the two companies, and the skeptical panel of lawmakers wanted to know what benefits this combination of the country’s two largest cable/Internet providers would bring to anyone other than the companies’ shareholders and the TWC execs who will be given huge paychecks to leave the merged company. [More]
Comcast Officially Files for TWC Merger, Claims Broadband Competition Is Fine Because You Have A Smartphone
By 4.8.14
It’s a big day for Comcast: not only did they win a big old golden poo this morning, but also they formally took the first step in the regulatory dance that stands between them and their purchase of Time Warner Cable by filing a mountain of paperwork with the FCC. The massive document contains all of Comcast’s explanations for why the merger is the best idea ever… and it’s a doozy. Let’s take a closer look at their arguments, shall we? [More]
Could A Merger Between DirecTV And Dish Be On The Horizon?
By 3.28.14
Last month, in the wake of the news that Comcast would try to gobble up Time Warner Cable, billionaire Dish Network co-founder and Chairman Charlie Ergen asked a reasonable question: If the two biggest terrestrial cable companies could merge, why couldn’t the two largest satellite TV services? Now it looks like Ergen may once again be trying to make that marriage a reality. [More]
Sen. Franken Calls Comcast/Time Warner Cable Merger A “Terrible Deal For Consumers”
By 3.27.14
While Comcast has financial ties to numerous important members of the House and Senate, there are a few folks on Capitol Hill who have no problem speaking out against the cable company’s plan to expand its domination of the pay-TV and Internet business by acquiring Time Warner Cable and its millions of customers. Sen. Al Franken has already expressed concern about the merger, but yesterday he made his position on the matter very clear. [More]
Why You Should Care That Facebook Spent $2 Billion To Buy Oculus
By 3.26.14
Facebook has been all over the news today, and not just because voters here at Consumerist think they’re terrible. It all has to do with the online behemoth’s latest, surprising acquisition: a virtual reality company called Oculus. [More]
TV Writers Come Out Against Comcast/Time Warner Cable Deal
By 3.26.14
Given that Comcast is already the nation’s largest cable and Internet provider and the owner of a broadcast TV network, multiple cable channels, numerous local TV stations, a major movie studio, some theme parks, and a partridge in a pear tree, you might assume that people who make their living selling scripts to Comcast-owned companies would be reluctant to bite the hand that feeds them. But last week, the Writer’s Guild of America asked the FCC to block Comcast’s pending $45 billion deal to buy Time Warner Cable. [More]
Time Warner Cable CEO Has 80 Million Reasons To Root For Comcast Merger
By 3.20.14
Imagine you’re two months into your dream job, the one you’ve been groomed to get for years. You’ve finally gotten the chance to right a ship that has been veering off course for too long and prove that you’re a real titan of industry. You’d probably hate to then find out that you’ll be out of this job within a year or so… that is until you’re told that you’ll get a $79.9 million payoff to soothe your pain. [More]
Sprint Owner May Push T-Mobile Merger As Broadband Competition Solution
By 3.10.14
Since taking a controlling ownership in Sprint, Japanese telecom company SoftBank has made no attempt to hide the lust it has in its heart for fellow wireless company T-Mobile USA. Since then, federal regulators have basically told SoftBank to put its ardor on ice because there is already too little competition in the wireless market. But SoftBank may have a trick up its sleeve, coming at the deal through the lens of a market that is even less competitive — broadband. [More]
Franken: Comcast’s Previous Behavior Doesn’t Bode Well For Time Warner Cable Deal
By 3.3.14
When Comcast finally goes before lawmakers and regulators to make its case for a merger with Time Warner Cable, it will likely promise a pile of concessions and policy changes in order to paint a rosier picture of the future. But Senator Al Franken of Minnesota is looking to the past, pointing out concerns with the cable company’s spotty track record. [More]
Everyone At The FCC & DOJ Should Be Forced To Watch This “Comcast Doesn’t Give A F#!k” Video
By 2.28.14
In the debate over whether or not to approve the merger between Comcast and Time Warner Cable, there has been a lot of in-depth discussion of market share, divestments, fiber competition, and all sorts of other things the average cable subscriber doesn’t concern herself with because she has better things to do. What’s at risk of being overlooked is that Comcast is just a horrible company that really doesn’t care about its many millions of customers who have no other choice. [More]
The Future Will Not be Televised: Comcast’s Merger Plans are All About Broadband
By 2.27.14
Comcast and Time Warner Cable are cable companies: they run their wires to little boxes in our living rooms so we can watch Mad Men and Game of Thrones. But even though roughly 100 million Americans subscribe to pay TV, that’s not what the merger between the two companies is about. The future of entertainment is online, and that access is what’s really at stake in the proposed merger deal. [More]
Uncle Sam, Pre-Marital Counselor: The Approval Process Ahead For Comcast And TWC
By 2.25.14
The proposed merger of Comcast and Time Warner Cable, as it currently stands, looks like it could be a good move for the businesses and a bad move for consumers. But right now it’s still just that: a proposed merger. In order for this corporate marriage to move forward, federal regulators first have to approve the union–and that’s where it gets tricky. [More]
Why Comcast Wants To Buy Time Warner Cable, And Why TWC Wants To Let Them
By 2.24.14
Commentary has been flying nonstop since Comcast announced its plan to buy Time Warner Cable. If the buyout goes through, there will be enormous repercussions in the TV and broadband industries, both for competitors and for consumers. Before the legal filings and federal approvals and consumer chaos all begin in March, though, it’s worth taking a step back to look at why this merger is being proposed, and why it’s happening now. [More]
Dish CEO: If Comcast Can Buy TWC, Then We Can Merge With DirecTV
By 2.24.14
As we mentioned last week, if regulators approve the pending marriage of Comcast and Time Warner Cable, it would put pressure on the nation’s two largest satellite operators to combine in order to compete. And while Dish co-founder and Chairman Charlie Ergen isn’t talking about a tie-up with DirecTV just yet, he is pointing out that it would be hypocritical for the Comcast deal to be approved and a satellite merger to be denied. [More]
Why DirecTV and Dish Customers Should Care About Time Warner Cable/Comcast Deal
By 2.21.14
While many cable subscribers around the country are dreading the impact that a merged Time Warner Cable and Comcast could have on pricing for TV and Internet service, some satellite customers have shrugged off the news. But a tie-up between the two largest terrestrial cable companies could have far-reaching consequences for all pay-TV subscribers. [More]
Real Competition From Google Or Window-Dressing For FCC? Time Warner Cable Improves Speeds In Austin
By 2.20.14
Here are two facts: Google Fiber is coming to Austin, and Time Warner Cable is being bought by Comcast. The question is: Which one of these two facts is the cause for TWC’s significantly ramped-up service in the Texas capital? [More]
