In its successful bid to acquire NBC Universal, Comcast was not forced to sell off any assets. It did agree, however, to give up NBC’s management role in Hulu, the premier online TV Web site, while retaining a financial stake.
I think everyone can agree, this vested interest had to divest iteself a little bit, at least spiritually.
The Federal Communications Commission chairman, Julius Genachowski, signaled his approval of Comcast’s acquisition of NBC Universal on Thursday, but that approval will come with conditions.
Among the anticipated stipulations is that Comcast not withhold NBC programming from its competitors in the online video market and that it allow rival distributors to have reasonable access to NBC Universal programming.
How on earth the FCC thinks it’s going to be able to regulate the entire library of NBC content and separate that from the Comcast pipeline, esepcially when they’re already collaborating on content production, baffles me. Good luck, and thanks for approving the creation of the largest media organization ever!
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