Sources: FCC Comcast/NBCU Vote Expected Today

[brooklynite]

Source: Broadcasting & Cable

The FCC is expected Tuesday to give the green light to Comcast to team up with NBC Universal in a $30 billion joint venture, according to two sources close to the commissioners.

"Look for the commissioners to vote it within the hour," said one source at around noon on Tuesday.

The deal comes with plenty of conditions, including on access to broadcast, cable, and online content, and network neutrality conditions. The network neutrality condition will be an "enforceable commitment" even if the rules are thrown out by the courts, according to a source.

...snip...

No word on whether Justice will announce its OK at the same time, but it is also exected to allow the combo. It has been closely coordinating its review with the FCC, according to various sources.

Read more: http://www.broadcastingcable.com/article/462562-Sources_FCC_Comcast_NBCU_Vote_Expected_Today.php

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I don't share the "corporate consipiracy to control the media" opinions that I sometimes read here, so I have no opinion on the merits other than that more smaller companies are generally better for the market than mega-mergers.

[onehandle]

1. It's not a conspiracy, but studies have proven that this merger is bad for consumers.

fuck.