Published on Feb 17, 2014
Comcast has announced plans to buy Time Warner Cable at a cost of more than $45 billion in stock. The takeover would allow Comcast to provide cable service to a third of American households, and give it a virtual monopoly in 19 of the 20 largest media markets. While Comcast has claimed the deal will be "pro-consumer," the group Free Press warns the deal would be a "disaster" for consumers. Analysts predict Comcast will launch a lobbying blitz similar to when it won approval to take over NBC Universal in 2011. Comcast has already hired FCC Commissioner Meredith Attwell Baker, who signed off on its NBC deal. We speak to another former FCC commissioner, Michael Copps. He now leads the Media and Democracy Reform Initiative at Common Cause.
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