Comcast/NBC Deal Approved, with Asterisks

January 19, 2011  |  

(Washington Post) — Federal regulators on Tuesday blessed Comcast’s $30 billion acquisition of NBC Universal, imposing a slew of conditions on everything from competition with rivals to the price of Internet service for poor families out of concern that the firm’s vast sweep could harm consumers.  The deal marries the nation’s biggest cable and Internet service provider with NBC Universal’s library of entertainment – which includes “30 Rock” and Bravo’s “Top Chef” – and marks the first time a cable company has owned a major network.

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