Thursday, October 1, 2009
Comcast in talks to purchase NBC Universal?? Nooooo!!!
The Wrap broke the news yesterday that Comcast was in talks with General Electric about buying NBC Universal from them. My immediate reaction to this is horror.
I know, I know, it's almost impossible to imagine a world today without major media conglomerates, and I'm ok with that - but the thought of a cable company owning a content provider upsets me a LOT. I'll just go ahead and say that part of why this upsets me is because it's NBC. I hold a special place in my heart for the peacock network and believe that they often value their content more than their ratings, unlike their peer networks. Regardless, the thought of any cable company owning a broadcast network is disconcerting. Cable companies, for the most part, serve the purpose of delivering content to their viewers - not creating content (and the little content they do create is pretty worthless). I really believe that it is good for these two acts to be separated and that any cross-over could stifle creativity. Even more worrisome is the thought that Comcast could potentially prevent other cable companies from having access to certain NBC content.
Also, there may be certain FCC implications with all of this. I'm not sure what exactly the FCC's rules are for cross-ownership of cable and broadcast, but given the FCC's relaxing of cross-ownership rules in general lately, it seems like this may not be an issue? I plan to look into the regulatory aspects of this more because frankly, I find it fascinating, but regardless of all that, I am really not pleased with the potential for this deal to go through! Here's hoping The Wrap has their information incorrect....but, honestly, is it only a matter of time before cable providers and content providers are one and the same!? UGH!
at 11:03 AM