NBC's sale to Comcast means the devaluation of free TV
This morning's 13.75 billion deal is mostly about NBC Universal's cable assets. As James Poniewozik points out, "For starters, it reminds us how small a part of the package what we recently knew as 'TV'—free, over-the-air broadcast entertainment—now is. Comcast, a cable company whose interest is in finding new ways to sell viewers media, be it cable packages or movies on demand, is especially interested in NBCU's cable and theatrical properties. The Peacock, Jay Leno, 'The Office,' et al., are more or less being thrown in the deal like complimentary floor mats in a new car. Keep in mind that one big reason GE bought NBC way back when was because broadcast TV was valued as a reliable cash cow. Not so much anymore."
Comcast could drop the "NBC" name — New name: Comcast Entertainment?
Jeff Zucker to become CEO: "This marks the start of a new era for NBCU"
What this deal means: More Leno-like moves, to the detriment of NBC affiliates
NBC Universal is worth $30 billion, and other big numbers // No big changes for Hulu
Lawmakers, consumer groups voice concern // Will Comcast have to appease DirecTV?
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