Monday, November 30, 2009
The Biggest Peacock on the Block
So it looks like the sale of NBC Universal to Comcast cable is now all but certain.
What this will do is create the largest, most vertically integrated, most powerful media company in the world -- one which stands unique in the business because it will be the first to control both content production and distribution on a massive scale. We're talking about the ability to dominate not just the film and television markets but internet service as well, which could put Comcast in the position of being able to do everything from price-gouge consumers, to restrict its wealth of NBC and Comcast programming -- Bravo, E!, SyFy, USA, Telemundo, MSNBC, etc. -- to actually force customers to buy specific services only offered by Comcast if they want access, either on TV or the net, to NBC programming and Universal films.
In other words, say hello to the Goldman Sachs of media companies. Comcast NBC Universal will own a stake in almost everything you see and hear.
Josh Silver of Free Press sums it all up perfectly:
The Huffington Post: "Too Big To Block" by Josh Silver/11.13.09 (Updated)