Merger Facts
Merger Facts Serving Size: 1 Mega-Merger Amount Per Serving* Saturated Media Ownership: Comcast reaches 1 out of every 4 cable subscribers. 2 giant companies NBC owns 27 local TV stations, and the NBC network reaches 99% of U.S. homes with TVs. Fat Profits: Over $50 Billion in Revenue Comcast 2008 revenues: NBC/Universal 2008 revenues: $34.3 billion $16.9 billion Total Control: 1out of every 5 viewing hours in the U.S. 22 cable channels including E!, Style, G4, Comcast Sports Net, the Golf Channel, PBS Kids Comcast NBC 30 cable channels including NBC, Telemundo, MSNBC, Bravo, USA, CNBC & part of Hulu Level of Healthy Competition: Comcast would charge competitors more for NBC shows. Comcast would control even more of the ad market. Nearing 0% Cost to Consumers: Big Bucks Comcast already hikes its rates 8% every year. With less competition, they'll jack up prices even more. Cable rates for customers nationwide will increase when Comcast starts charging its competitors more for NBC programs. Diversity of Viewpoints One company will control more news & information. Even Fewer Comcast will prioritize NBC programs instead of local & independent voices. *Based on a healthy media diet, enriched by diverse & independent viewpoints & quality journalism. WARNING: This merger could be hazardous to the health of our democracy. freepress.net/comcast
Merger Facts
Source
Unknown. Add a sourceCategory
BusinessGet a Quote