Comcast Prepares To Get Even Larger With Sky, Fox Acquisitions

Comcast Prepares To Get Even Larger With Sky, Fox Acquisitions

6 years ago
Anonymous $CLwNLde341

https://www.techdirt.com/articles/20180508/10154239802/comcast-prepares-to-get-even-larger-with-sky-fox-acquisitions.shtml

The cable company Americans love to hate is about to go supernova. Comcast acquired NBC Universal back in 2011, giving the company unprecedented control of not only the conduit into the house, but also the information and news being sent over those wires. And while regulators affixed some flimsy conditions to the deal, Comcast managed to ignore many of them, a major reason why regulators moved to block Comcast's acquisition of Time Warner Cable a few years ago.

Because we're unwilling to learn much of anything from history, Comcast's now on the verge of growing significantly larger. The company recently unveiled a $30 billion plan to acquire European pay TV giant Sky. And this week, reports began to bubble up indicating that if regulators approve AT&T's $86 billion acquisition of Time Warner, Comcast plans to make its own, massive $60 billion bid for the lion's share of 21st Century Fox assets: