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The Comcast/NBC Merger: Oodles of Government Booty (if You Qualify)
David Horowitz's NewsReal Blog ^ | January 22, 2011 | John Nampion

Posted on 01/22/2011 12:58:36 PM PST by Walter Scott Hudson

The process of watching our citizenry slowly succumb to the Almighty power of the U.S. Government is at once frightening and fascinating - we of course notice the train wrecks (Obamacare) and 10-car pileups (the castration of SB 1070), but let's not forget those little nails that are pounded, daily and ceaselessly, into the burial box of American ingenuity and initiative.

They do the most damage, after all, because they just don't seem important enough to worry about when you take them one at a time.

A fresh example can be found in the details of the January 19th announcement of the merger of Comcast and NBC.

According to BLACKWEB2.0, in an article published on January 20th, the...

"...announcement that the Federal Communications Commission and the Department of Justice approved the merger to Comcast and NBC-Universal created a large amount of media scrutiny. Most reports focused on size of the deal, and the merger is indeed a staggering one. The deal joins Comcast’s cable network and TV channels with NBC-Universal’s theme parks, affiliate stations, studios, TV channels, and stake in Hulu."
Perhaps overlooked in the mammoth scope of the business transaction were some of the mandates (inserted by the Feds) that had to be complied with in order to get the deal to go through:

(Excerpt) Read more at newsrealblog.com ...


TOPICS: Business/Economy; Computers/Internet; Government; Politics
KEYWORDS: comcast; internet; nbc; subsidy

1 posted on 01/22/2011 12:58:39 PM PST by Walter Scott Hudson
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To: Walter Scott Hudson

Beware the government media complex ...


2 posted on 01/22/2011 5:36:34 PM PST by sushiman
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To: Walter Scott Hudson

So, as a condition of allowing the merger to proceed, the company must offer to “low income” households $10/mo high speed internet and a PC for under $150. In other words, it must subsidize internet and computer access to Obama voters, with the cost being passed on to the rest of us.


3 posted on 01/22/2011 5:50:35 PM PST by PapaBear3625 ("It is only when we've lost everything, that we are free to do anything" -- Fight Club)
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