Re:Comcast, in 2nd Try, Offers $65B Cash for 21st Century Fox
by simplify on Wednesday June 13, 2018 @06:44PM
(#17307650)
This is scary. Are there any orgs we can support that are against big merges like these?
[ Parent
| on HN ]
Re:Comcast, in 2nd Try, Offers $65B Cash for 21st Century Fox
by paidleaf on Thursday June 14, 2018 @09:14AM
(#17311392)
Certainly not the democratic or republican parties. And certainly not the government watchdog institutions which are all run by former execs of major corporations.
It's hard to imagine any organization that can stand up to such concentrated wealth and power now.
Re:Comcast, in 2nd Try, Offers $65B Cash for 21st Century Fox
by shp0ngle on Wednesday June 13, 2018 @06:52PM
(#17307698)
I am more for Comcast - Fox merger than Disney - Fox merger personally.
It's scary, but hey, this is America.
Re:Comcast, in 2nd Try, Offers $65B Cash for 21st Century Fox
by dave5104 on Wednesday June 13, 2018 @08:02PM
(#17308129)
Comcast shouldn't be getting anything. Media and the tubes that carry it should remain separate.
Re:Comcast, in 2nd Try, Offers $65B Cash for 21st Century Fox
by what_ever on Wednesday June 13, 2018 @08:07PM
(#17308150)
Except that Fox channels on the TV are not part of the Fox being sold.
Re:Comcast, in 2nd Try, Offers $65B Cash for 21st Century Fox
by dave5104 on Wednesday June 13, 2018 @08:15PM
(#17308179)
No, in this case there's no TV part of it. But I'd still consider the film division as the "media" and the streaming services that can show the films as the "tubes", both of which Comcast would have ownership over. Comcast currently has a 30% ownership stake in Hulu, and would pick up another 30% from 21st Century Fox.
Re:Comcast, in 2nd Try, Offers $65B Cash for 21st Century Fox
by majormajor on Wednesday June 13, 2018 @09:25PM
(#17308522)
Fox Sports regional networks are part of the Disney deal, and aren't in the exclusion list here, either. Comcast has dabbled in regional sports before, this would be a big move against Disney to consolidate all the FSN regional stuff too.
Re:Comcast, in 2nd Try, Offers $65B Cash for 21st Century Fox
by BigChiefSmokem on Wednesday June 13, 2018 @07:50PM
(#17308049)
Could you explain your reasoning? Just curious.
Re:Comcast, in 2nd Try, Offers $65B Cash for 21st Century Fox
by shp0ngle on Thursday June 14, 2018 @09:02AM
(#17311311)
Fox and Disney do the same thing and will become a near monopoly.
Comcast and Fox do different things.
Re:Comcast, in 2nd Try, Offers $65B Cash for 21st Century Fox
by HedgeSparrow on Thursday June 14, 2018 @11:47AM
(#17312511)
I am pretty sure this acquisition would just make Comcast a bigger "near monopoly" in both industries of "things," but I see where you're coming from.
Re:Comcast, in 2nd Try, Offers $65B Cash for 21st Century Fox
by stevenwoo on Wednesday June 13, 2018 @07:12PM
(#17307829)
Open Markets Institute? It seems like a really long term play with three senators off the top of my head going to be automatic supporters - Warren, Harris and Sanders
Re:Comcast, in 2nd Try, Offers $65B Cash for 21st Century Fox
by RcouF1uZ4gsC on Wednesday June 13, 2018 @09:24PM
(#17308518)
The Trump DOJ actually tried to stop the AT&T- Time Warner merger but lost in court. This administration is probably a lot more opposed to tech mergers than the last one.
Re:Comcast, in 2nd Try, Offers $65B Cash for 21st Century Fox
by murph-almighty on Thursday June 14, 2018 @08:34AM
(#17311131)
To be fair, I think they only threw a wrench into the merger because Time Warner owns CNN, rather than out of any "too big of a company"-type concerns.