More on Comcast merger
Many feel the Comcast/NBC merger is a bad idea for public access to the free flow of information. For example the following has been extracted from The CAP Times on line. More on the Comcast merger here
Some key quotes taken from the article:
"We are writing to express our opposition to Comcast Corp.'s acquisition of NBC Universal. If this deal is approved, it would further consolidate a U.S. media industry that is already controlled by a handful of corporate conglomerates. Localism, diversity, and competition in today's media, all of which are severely weak, would be nearly lost. At a time when it is critically important for the public to be able to access independent sources of information, we believe this acquisition should not go forward and urge you to reject it."
"If Comcast's acquisition of NBC Universal is allowed to proceed, the company would control content production and content distribution at an unprecedented level. A Comcast-NBC conglomerate would own the nation's largest cable system, one of the nation's largest networks, 27 broadcast television stations, 14 national cable channels, seven production studios, and several of the fast growing Internet properties."
"This widened control over the public's access to information would have extremely negative consequences and raises important antitrust issues."
Add the recent Supreme Court's motion concerning corporate campaign financing funds with the hand full of conglomerates that own and control most of the media and we might as well kiss American democracy good by. Perhaps it would be better to say "a good buy"?
- mauro's blog
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