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Comcast to acquire Time Warner Cable in all-stock deal

#1

PatrThom

PatrThom

The combined company will be called "Why is my Internet so slow?"

John Schwartz said:
It's nice that Comcast and Time Warner are getting together, because people were getting tired of hating Russia and winter and fracking
WHAT
Wil Wheaton said:
BREAKING: Comcast and Time Warner merging to create bigger, shittier monopoly.
THE
Josh Gondelman said:
Time Warner and Comcast are merging. Now all we need is for Verizon to join and one of them to bomb Pearl Harbor.
FUCK
James Hollingshead said:
You get a data cap! And you get a data cap! EVERYONE gets a data cap! </oprah>
That sound you hear is personal choice leaking out like air escaping a punctured spaceship.

--Patrick


#2

Frank

Frank

Well, at least the illusion of choice is gone.


#3

Yoshimickster

Yoshimickster

No no no no no NOOOOOOO! Both those companies suck equally, Comcast has the most inconsistent service possible, and Time Warner keeps missing the mark in terms of media. Combine them and we have the corporate equivalent of a fan-fic fusion character of two random super villains! This...this is dark news.


#4

bhamv3

bhamv3

At this rate you guys are going to have to resort to going online via smoke signals.


#5

GasBandit

GasBandit

Sounds like they need a little of what AT&T got back in the day.


#6

PatrThom

PatrThom

Sounds like they need a little of what AT&T got back in the day.
I am frequently reminded (and annoyed at) how the war for personal freedoms has so many fronts.

--Patrick


#7

Ravenpoe

Ravenpoe

I feel like this has to break some sort of monopoly law somewhere.

But then again, Comcast and Time Warner were already exactly the same and illegally colluding with each other anyway.


#8

figmentPez

figmentPez

This is bad. Please Google, bring your fiber service to more cities.


#9

Frank

Frank

This is bad. Please Google, bring your fiber service to more cities.
Americans at least have that hope.

/looks sadly at the ever less covertly colluding evil monoliths that are Canadian telecoms


#10

Gilgamesh

Gilgamesh

I'm so so glad Google Fiber is only a couple months away from Austin.

I also switched from TWC to AT&T about 6 months ago and it was one of my better decisions to date.


#11

Charlie Don't Surf

Charlie Don't Surf

all hail our new corporate overlords


#12

Covar

Covar

Sounds like they need a little of what AT&T got back in the day.
I'd much rather see them declared public infrastructure and regulated like utility companies.


#13

PatrThom

PatrThom

I'd much rather see them declared public infrastructure and regulated like utility companies.
I'm sure it's headed there, but the carriers are gonna strip mine for the maximum possible revenue before that happens.

--Patrick


#14

jwhouk

jwhouk

There's this little problem that's going to get in the way of that, though. It's called the First Amendment of the US Constitution.


#15

GasBandit

GasBandit

There's this little problem that's going to get in the way of that, though. It's called the First Amendment of the US Constitution.
Tell that to the rail line running through what used to be my grandfather's property. Much as it has been abused, there is a valid governmental use for Eminent Domain, and it's hard to think of an example that fits better than this.


#16

figmentPez

figmentPez

There's this little problem that's going to get in the way of that, though. It's called the First Amendment of the US Constitution.
That didn't stop telephones from becoming a regulated utility. The only reason that cable companies get away with as much as they do is that they haven't been classified as common carriers. If they were just carrying television, they'd have a much better chance of being ignored as a utility, but since they carry internet, and all the free speech issues that go along with that, there is only so long that they can keep from getting regulated much more strictly than they are now.


#17

Shakey

Shakey

I don't think either company competed with each other, so it's not really reducing anyones choices. It does allow them to pretty much control an industry and set their own standard of service for it though. I seriously doubt that they will run into much of an objection to it from the FCC.


#18

GasBandit

GasBandit

I don't think either company competed with each other, so it's not really reducing anyones choices. It does allow them to pretty much control an industry and set their own standard of service for it though. I seriously doubt that they will run into much of an objection to it from the FCC.
The main problem is they will then control 30% of the televisions in America. Which puts them in much too powerful a position when bargaining with content providers.

It's kind of like how Texas controls the entire nation's textbook content... they're the largest bulk buyer of textbooks, so everybody writes their textbooks for how Texans want them to be.


#19

Zappit

Zappit

The main problem is they will then control 30% of the televisions in America. Which puts them in much too powerful a position when bargaining with content providers.

It's kind of like how Texas controls the entire nation's textbook content... they're the largest bulk buyer of textbooks, so everybody writes their textbooks for how Texans want them to be.
The one hope with Common Core was that bullshit nonsense would be stopped. Remember when Texas wanted to drop critical fucking thinking?

It's just too bad that the CC books are so frightfully devoid of life, creativity, or passion that the next generation will be bored into failure and completely lacking imagination.

As for this deal, they didn't overlap in markets, so that's how they'll get away with it. It's a shame, because their next target will be to finish net neutrality off forever. See ya, Netflix!


#20

PatrThom

PatrThom

they didn't overlap in markets, so that's how they'll get away with it.
I seriously hope nobody takes this proposal seriously. Even IHOP and Waffle House are forced to compete in the same market in some places.

--Patrick


#21

Zappit

Zappit

Well, corporations ARE people now, and mergers really are the corporate equivalent of marriage. You might prolong it for a few years in the south, if you argued they were gay corporations.


#22

Krisken

Krisken

This will be a very inside joke. If you don't get it, don't worry, it's a Android: Netrunner thing.



#23

PatrThom

PatrThom

Comcast [might be about to] abandon Time Warner Cable acquisition
Best comment from the comment section:
Tomorrow's Article: "Time Warner files for bankruptcy, claims it can't compete without Comcast merger...Comcast looking to buy assets at liquidation auction."
--Patrick


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