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Currently viewing the tag: "cable"
The Federal Communications Commission (FCC) recently requested more information concerning Comcast’s plans to purchase a fifty-one percent interest in NBC Universal from General Electric Co.
The information request has a potential to delay the $28 billion dollar deal, although Sena Fitzmaurice — Comcast’s VP of Government Communications — stated that the company [...]Continue Reading →
CNN reports that the United States lags behind seventeen other countries in Internet speed. While the fastest and cheapest Internet connections are in South Korea, even former Soviet Bloc nations like Slovakia and Romania have faster average connection speeds than the United States.
Some nations, like Korea and Japan, benefit from a [...]Continue Reading →
On February 10, 2010 By Donna Baldry
The pending deal between NBC Universal and Comcast has found an unlikely opponent in former NBC-funnyman-turned-Senator, Al Franken (D-Minn.).
As we reported in December 2009, the joint venture agreement would leave Comcast owning 51 percent and G.E. owning 49 percent of NBC Universal. However, it seems predictions that the merger would face [...]Continue Reading →
On January 7, 2010 By Abbey Morrow
On December 7, 2009 By Josh Lee
Contrary to what many pessimistic job seekers are saying, there is still work out there for M&A lawyers.Continue Reading →
On September 4, 2009 By Emily Beverage
On August 28, the D.C. Circuit struck down as “arbitrary and capricious” a Federal Communications Commission (FCC) regulation prohibiting a single cable operator from serving more than 30 percent of the market. Comcast, which challenged the regulation, now has room to increase its 25 percent market share. Groups like [...]Continue Reading →
On May 21, 2009 By JETLaw