TV channels
In a $45 billion deal, Comcast wants to buy TWC

13 Feb 2014 | Rasmus Larsen |

If everything goes as planned, the two largest US cable TV providers will soon become one. Comcast wants to buy Time Warner Cable for $45.2 billion – but will the market let them?

Presented as a merger

The deal is officially being presented as a merger, but Comcast, the largest cable TV provider with 21.7m TV subscribers, wants to buy 100 % of Time Warner Cable, the second largest with 11.2m TV subscribers. They hope to finalize the sale by the end of 2014, but the deal will surely be scrutinized by the authorities.

Comcast


Although Comcast and Time Warner Cable compete in very few regional markets, the deal could kill competition in many states. Some fear that the new company would enjoy almost monopoly status in a TV market with very high entry barriers. Despite the concerns, Comcast believes that the deal will go through, saying that it will lead to "a superior video experience, higher broadband speeds, and the fastest in-home Wi-Fi".

- "It is pro-consumer, pro-competitive, and strongly in the public interest," says Comcast CEO Brian Roberts.

He believes that the new company will face tough competition from Netflix, Hulu and Google Fiber.

If the deal is approved by the authorities it will be a milestone in the TV business, but lots of questions remains before that can happen. The TV industry fundamentally needs more competition; not less. Is that even possible with an even larger cable TV company?



Share on:


Latest news

Hisense OLED

Hisense is bringing its OLED TV to the UK & parts of Europe

18 Jun 2019 | Rasmus Larsen |
tvOS 13

Apple TV is getting a picture-in-picture mode with tvOS 13

18 Jun 2019 | Rasmus Larsen |
Samsung TV

Samsung: Important to scan your Samsung TV for malware & viruses

17 Jun 2019 | Rasmus Larsen |
UEFA.tv

UEFA debuts free streaming service UEFA.tv

14 Jun 2019 | Rasmus Larsen |
Sony A9G OLED

Sony A9G OLED wins 'King of TV' at 2019 TV Shootout

13 Jun 2019 | Rasmus Larsen |
The Wall Luxury

Samsung will launch 'The Wall Luxury' microLED displays in July

13 Jun 2019 | Rasmus Larsen |
Xbox

Next-gen Xbox console will have a disc drive

12 Jun 2019 | Rasmus Larsen |
Sony A8G

Sony 2019 A9G and A8G OLED TVs now available

11 Jun 2019 | Rasmus Larsen |