Weirdly Enough, Comcast Thinks Its TWC Buy Will Be Great For Customers

Weirdly Enough, Comcast Thinks Its TWC Buy Will Be Great For Customers

Monopoly? What monopoly? At least that’s one of the pillars of the 180-page document Comcast just filed with regulators in defense of its pending $45 billion purchase of Time Warner Cable . It is a big fat load of bull.

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Comcast-TWC Would Be a Monopoly, But That Probably Won't Stop It

Comcast-TWC Would Be a Monopoly, But That Probably Won't Stop It

The proposed $45.2 billion acquisition of Time Warner Cable by Comcast—the nation’s two largest cable and home Internet providers—has once again raised the specter of monopoly control over yet another American utility. Are these fears overblown? Nope! It’s really that bad.

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DirecTV reportedly one of three $1 billion-plus bidders for Hulu

DirecTV reportedly bidding $1 billion for Hulu

And then there were three. Bloomberg is reporting that a trio of companies are hoping to fork out over one billion dollars for the privilege of taking online video service Hulu under their wing, and DirecTV is one of them. While we’re not quite sure which other companies are involved in the process, we’ve been told that Yahoo, Time Warner Cable and a few others have at least thrown out offers, with no confirmation on how much they were willing to spend. Although those “people with knowledge of the bid” could include a few hoping to encourage more $1b+ offers, those extra large checks increase the odds Hulu will actually sell this time. We’re quietly hoping that this potential bidding war will be resolved through an arm wrestling match, though DirecTV’s legal team likely wouldn’t approve.

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Source: Bloomberg