Posted 02/18/2014 at 3:24 PM
Posted 3 years ago
All the ramifications of Comcast buying Time Warner Cable for $45.2 billion seem to be the first priority of the FCC and the Department of Justice, as if their doing a thorough evaluation–including an antitrust review–wasn’t enough to keep any possible benefits or changes resulting from this big-money deal tied up in red tape.
Netflix, with a huge amount of streaming content, was trying to get Time Warner Cable’s set-top boxes to carry it. (It) “is on hold now that the cable operator is being sold.”
In response to the Bloomberg Report, industry analyst Arvind Bhatia retorted: “They will not be in any kind of rush to let Netflix on their cable box and cannibalize their business.”
Big business doesn’t mince words, does it?