Comcastrophe: Comcast/NBC Merger Approved

Josh Silver, Free Press

1/18/2011

Today, the Federal Communications Commission blessed the merger of Comcast, the nation’s largest cable and residential Internet provider, with NBC-Universal. The Justice Department immediately followed suit, removing the last obstacle to the unprecedented consolidation of media and Internet power in the hands of one company. (FCC press release here)

You should be afraid and mad as hell.

The new Comcast will control an obscene number of media outlets, including the NBC broadcast network, numerous cable channels, two dozen local NBC and Telemundo stations, movie studios, online video portals, and the physical network that distributes that media content to millions of Americans through Internet and cable connections.

And now… the rest of the story. …..