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 →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 →Hell hath no fury like a Gator scorned. Last week, Fox Broadcasting Company threatened to drop its signal from Time Warner Cable and Bright House on the eve of some of the nation’s most anticipated college bowl games. Even members of Congress and the FTC were urged to get [...]
Continue Reading →Contrary to what many pessimistic job seekers are saying, there is still work out there for M&A lawyers.
Last Thursday, Comcast and General Electric announced a joint venture where Comcast will own 51% of NBC Universal (NBCU). According to Am Law Daily, this deal has been in the works [...]
Continue Reading →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 →It is a new chapter in the tumultuous history of the NFL Network. Cable provider Comcast Corp. and the NFL finally reached an agreement this week, but it may not be an ultimate resolution to their long dispute over the NFL Network. The conflict between the two parties began [...]
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