Posted
For the second time in five years, Comcast Corp. is in talks to buy the parent company of one of Orlando’s major theme parks. The Philadelphia-based cable giant is reportedly negotiating a deal with General Electric Co. to take a controlling stake in NBC Universal, the entertainment conglomerate whose holdings include Universal Orlando.
Read more from The Orlando Sentinel.
And so it begins. Pretty soon we will be forced to choose our cable / satellite providers based on what content they have and not the service the provide.
YUP! Sad no? They'll kill the parks too, btw. I wonder if Merlin Entertainment has any interest in buying Universal now....
Aren't they already a major partner? 50% +/-?
884 Coasters, 34 States, 7 Countries
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Blackstone (and by association Merlin, if not outright ownership) does own at least 50%, so I'm curious how this would play out. I certainly don't like the sound of Comcrap owning NBC, and I'd be just as averse to the parent company of Dish/DirecTV owning CBS or ABC.
Original BlueStreak64
That's already happened with the Versus channel. Comcast owns it and Direct TV doesn't get it so I can't watch the Capitals games at most bars.
Da Bears
Jason Hammond said:
Aren't they [Merlin] already a major partner? 50% +/-?[/Merlin]
Merlin's parent company, Blackstone, owns 50% of the Universal Orlando resort. The other 50% is owned by NBC Universal. GE owns 80% of NBC Universal; Vivendi owns the other 20%. Vivendi wants out and Comcast is considering buying that 20% in addition to 31% more presently owned by GE
BDesvignes said:
That's already happened with the Versus channel. Comcast owns it and Direct TV doesn't get it so I can't watch the Capitals games at most bars.
Exactly.
I wonder if this would survive FCC scrutiny of all things. A cable company with huge market share, in both television and Internet offerings, owning a huge content company, raises a ton of red flags for me.
Jeff - Editor - CoasterBuzz.com - My Blog
I was thinking the same thing, Jeff. This doesn't sound right to me. Does anyone know what happened with their first attempt to buy Disney in 2004? The article just says they were unsuccessful.
"If passion drives you, let reason hold the reins." --- Benjamin Franklin
Personally I think it should be illegal for a cable/satellite provider to have ownership in any networks or stations.
The problem with that, Don, is that going back to circa. 1977, if the cable companies didn't own the stations, the stations didn't exist. So the compromise answer is something that looks an awful lot like the much-argued, much misunderstood concept of "network neutrality". Hey, it's not just for broadband internet access!
Conan O'Brien announced this during his monologue on The Tonight Show. I like his reaction: "NBC executives are still trying to figure out what's in the deal for Comcast."
--Dave Althoff, Jr.
/X\ _ *** Respect rides. They do not respect you. ***
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RideMan said:
Conan O'Brien announced this during his monologue on The Tonight Show. I like his reaction: "NBC executives are still trying to figure out what's in the deal for Comcast."
Interesting.. Conan is even unfunny in print..
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I'm getting a fuuny feeling that eventualy, Comcast will control ALL programing and entertainment and Walmart will be doing ALL the retail in this country.
Next thing you know, we'll be watching "Everybody Loves Hypnotoad!"
Coaster Junkie from NH
I drive in & out of Boston, so I ride coasters to relax!
Don't forget Google! Google will rule teh internets, giving us our daily dose of LOLcats.
I've always said that Google and Wal-Mart would one day rule the world. Comcrap, however, that's new to me.
Original BlueStreak64
I wonder if this means rides at Universal parks will eventually be re-themed to promote shows on Comedy Central, SyFy, Cartoon Network, Lifetime, etc.
Ben Ryker
Kenny rides SOB to his death.
Before you can be older and wiser you first have to be young and stupid.
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