Telecommunications Policy

Consolidation Station: Next Stop - Comcast & Time Warner Merger

by Jordan Reth, Policy Fellow

The proposed deal between Comcast and Time Warner Cable is the latest in a wave of major media mergers drawing public concern and scrutiny from the feds. Deals like AT&T’s reported acquisition of Direct TV for $50 billion and Facebook’s purchase of WhatsApp for $19 billion, along with last year’s Maker Studios buyout by Disney—also near the billion dollar mark—are part of a larger trend of corporate consolidation. The Comcast Time Warner deal itself could be upwards of $45 billionbut is not the biggest deal Time Warner has been a part of. The Time Warner/AOL Online deal in 2000 was the largest merger by value ever announced, coming in at over $186 billion.

Beyond the staggering dollar figures are very real antitrust and public policy concerns. Let’s look at what it means for creators and fans when just a few companies control so much of the media, technology and entertainment universe. 

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