Comcast deal

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Comcast: Time Warner Deal Is Off

Comcast CEO makes it official in interview

(Newser) - As rumored yesterday , Comcast today announced it's dropping its $45 billion bid for Time Warner Cable after heavy regulatory pushback. A merger of the No. 1 and No. 2 US cable companies would have put nearly 30% of TV subscribers and about 55% of broadband subscribers under one roof,... More »

FCC Approves Comcast Deal to Buy NBC

Justice Department is expected to follow suit later today

(Newser) - The FCC is giving Comcast, the country's largest cable company, the green light to take over NBC Universal, home of the NBC television network. The deal is still awaiting Justice Department approval, which is expected later today. With the deal certain to transform the entertainment industry landscape, regulators are attaching... More »

Comcast Confirms NBC Buy

$13.75B deal will create entertainment juggernaut

(Newser) - Comcast has confirmed its deal to buy a controlling share of NBC Universal from GE to create one of the world's biggest entertainment firms. Comcast will pay $13.75 billion in cash and assets for a 51% stake in NBC, the AP reports. The nation's largest cable TV operator will... More »

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