Apple customers are some of the most fanatically loyal tech fans on the planet. Comcast customers, not so much. For this reason, the two companies might seem like unlikely partners when it comes to possibly signing a deal to bring live Comcast cable TV programming to Apple’s Apple TV set-top box. AppleInsider draws our attention to a new note from Barclays analyst Kannan Venkateshwar, who says he can’t possibly see Comcast agreeing to a deal that would undermine its power as a content gatekeeper, even if it would make for a better overall experience.
Apple is reportedly in complex talks with Comcast about launching a joint product, a new Apple TV set-top box that would not only offer users access to on-demand movies, TV programs and other apps including games, but also live Comcast cable programming, reports from The Wall Street Journal and The Information reveal. More →
Talk about nice work if you can get it! Bloomberg reports that Time Warner Cable CEO Rob Marcus will receive a compensation package worth $80 million if Comcast successfully buys his company, despite the fact that he’s only held his position for just under two months. Bloomberg says that “the golden-parachute payout includes $56.5 million in restricted stock units and unvested options and $20.5 million in cash” along with a $2.5 million performance bonus and other goodies. More →
No one can exactly accuse the editors of The Economist of being wild-eyed populists or enemies of capitalism, which is why it’s noteworthy that the magazine has taken a pretty strong stance against the proposed merger of Comcast and Time Warner Cable. In a leading editorial arguing against the merger, The Economist says that combining the two companies would create “a Goliath far more fearsome than the latest ride at the Universal Studios theme park” that would have entirely too much control over broadband infrastructure in the United States. More →
For the past few months we’ve written a lot about two controversial potential mergers that have shaken the American Internet service and telecom landscape: A proposed merger between Comcast and Time Warner Cable and a not-yet-formally-proposed merger between Sprint and T-Mobile. What has become fascinating to watch about each merger is the way that both Sprint and Comcast have gone about trying to convince the general public that it should support letting them become bigger and more powerful by acquiring smaller players. More →
Lots of people hate the idea of letting Comcast and Time Warner Cable merge but don’t expect our esteemed elected officials to care. Politico documents how Comcast really does have all its bases covered in the Capitol when it comes to making campaign contributions to influential members of Congress. In fact, Politico’s examination of public records reveals that Comcast has donated money to “almost every member of Congress who has a hand in regulating it,” including “all but three members of the Senate Judiciary Committee” and “32 of the 39 members of the House Judiciary Committee.” In all, Politico says Comcast has already spent $2 million for this year’s campaign cycle after spending roughly $3.5 million in 2011 and 2012.
Following news that Comcast and Netflix had reached a deal whereby Netflix would pay the Internet Service Provider a fee in order to ensure Netflix subscribers have a smooth viewing experience, people panicked and cried that net neutrality was dead. While that’s not entirely true, what is now a matter of fact is that Netflix service performance on Comcast’s network has improved fairly substantially since the company ponied up what many refer to as a “ransom.” More →
Netflix may own the streaming rights for House of Cards in the U.S., but fans don’t necessarily need a subscription to watch the show as long as they’re Comcast customers, Variety reveals. The cable operator has inked a deal with Sony Pictures Home Entertainment, which manages international and home video distribution for House of Cards, to offer customers access to season one of the critically acclaimed Netflix drama via the recently launched Xfinity Store. More →
As it stands today, Comcast is a massive service provider that controls home and business broadband offerings across a number of key markets. Following the company’s $45 billion acquisition of Time Warner Cable — should it gain approval from shareholders and regulators — Comcast will control a huge majority of the broadband market in the U.S. This seems like a fairly obvious statement, but two maps created recently by an Internet marketing firm give us a great visual representation of just how much of the country Comcast will control. More →
If you ever want to find a skull-crushingly stupid opinion on anything, you normally need look no further than articles written by assorted Forbes contributors. And sure enough, Forbes has now published an article by one Doug Brake that argues that the proposed Comcast-Time Warner Cable merger is really awesome for consumers and that the only people who are making a stink about it are a bunch of “paranoid bloggers.” More →
Senator Al Franken (D-Minnesota) warned regulators in a letter last week that the proposed merger between cable industry giants Comcast and Time Warner Cable should be scrutinized because Comcast has “a history of breaching its legal obligations to consumers.” The letter, addressed to Federal Communications Commission chairman Tom Wheeler, saw Franken voice serious concerns that the proposed $45 billion merger would be horrible for consumers in a number of ways. More →
Comcast and Time Warner Cable have never been beloved but the two companies’ recent decision to merge has made them disliked even more. YouGov’s BrandIndex has found that perceptions of both Comcast and Time Warner Cable have tanked even further following their merger announcement as more consumers are seemingly worried that the newly merged company will use its clout to jack up prices even more. In terms of perceived quality and whether consumers would recommend their services to others, Comcast and Time Warner Cable are now well below any other major cable provider in the United States. More →
So, you think the merger between Comcast and Time Warner Cable is a horrible idea. You aren’t alone. However, what you think matters very little because Comcast has deployed an army of lobbyists on Capitol Hill to do its bidding and make sure its proposed TWC merger will sail through with as little resistance as possible. More →