Skip to main content

I was just reading several blogs and saw this great diary from Icebergslim, (good to see you) and I noticed the back and forth about Olbermann and Obama.
While surfing the blogs related to this,  I was alarmed by this story on Huffington Post
about the Comcast takeover of NBC and by that I also mean, progressive television on MSNBC.
So you are thinking "Comcast, so what?"
Well, there have been diaries here about Comcast removing MSNBC from the regular cable line up - in favor of Golf TV or Food Network or for whatever is not the outlet for our progressive voices.
read on...

General Electric Co. has reached an agreement to buy the 20 percent stake in NBC Universal held by French media conglomerate Vivendi SA, The Associated Press has learned.

That would pave the way for GE to sell a 51 percent stake in the TV and movie company to Comcast Corp., the largest U.S. cable TV provider. That deal, which would make Philadelphia-based Comcast one of the nation's largest entertainment companies, is valued at about $30 billion....
NBC Universal was formed in 2004, after Vivendi agreed to merge its Vivendi Universal Entertainment business with GE's NBC in a move to sell off some of its businesses after running up billions of dollars in debt in a buyout binge. Comcast wants NBC Universal largely for its lucrative cable channels, such as Bravo and CNBC. NBC Universal also spans the NBC and Telemundo broadcast networks, the Universal Pictures movie studio and Universal theme parks.

Josh Silver has some very good reasons why this merger is bad for us all.

  1.  The merger would eliminate the hard bargaining for distribution and content that normally occurs between distributors (like Comcast) and content producers (like NBC). That competitive bargaining will only intensify as more video is distributed over the Internet in the coming years.

  2. The Comcast-NBC behemoth would control several distribution platforms -- a major television network, the largest cable company and the largest Internet service provider. The merged company will have strong incentives and the market power to discriminate in granting access to its wealth of programming. It will have the incentive and market power to enforce anticompetitive "bundling" and price-gouge other cable companies, especially smaller cable companies.

  3. As the largest cable company and Internet service provider, Comcast will have the motive to move NBC's video content behind a pay wall that will mean higher costs for consumers, and it would stunt the growth of the Internet as an alternative medium for video service. Placing video content behind a pay wall that is only available to Comcast cable customers is a classic example of "anticompetitive bundling." That is, consumers who want Internet access to NBC programming will be forced to buy the bundle of cable and Internet.

  4. Perhaps the most dangerous risk of this deal -- and one we have seen many times in years past is that it will trigger a "merger wave" throughout the industry as distribution companies and content companies seek to "muscle up" to match the new threat that the vertically integrated Comcast poses. Consumer choice will be restricted and prices will rise. With diminishing competition, the likelihood of similar behavior by other companies grows stronger, as does the threat of collusion among competitors.

If you don't want to see the progressive voices on MSNBC silenced, then join the 'no merger' petition

Update:
thanks for the rec list guys:
this just in courtesy of  Paleo - it looks like this will will be the first big test of the Obama administration's regulators

http://www.bloomberg.com/...

"This deal will really be scrutinized very strongly," Benjamin Stretch, an analyst at Macquarie Capital USA Inc. in New York, said on Bloomberg Television today. "It is the first major test of the FCC and the Obama administration, in terms of how they want to manage media and technology and distribution policy in this country."

One can hope that Obama will not continue the same type of policies that the Clinton administration pursued towards de-regulation.

Originally posted to wade norris on Mon Nov 30, 2009 at 09:23 PM PST.

EMAIL TO A FRIEND X
Your Email has been sent.
You must add at least one tag to this diary before publishing it.

Add keywords that describe this diary. Separate multiple keywords with commas.
Tagging tips - Search For Tags - Browse For Tags

?

More Tagging tips:

A tag is a way to search for this diary. If someone is searching for "Barack Obama," is this a diary they'd be trying to find?

Use a person's full name, without any title. Senator Obama may become President Obama, and Michelle Obama might run for office.

If your diary covers an election or elected official, use election tags, which are generally the state abbreviation followed by the office. CA-01 is the first district House seat. CA-Sen covers both senate races. NY-GOV covers the New York governor's race.

Tags do not compound: that is, "education reform" is a completely different tag from "education". A tag like "reform" alone is probably not meaningful.

Consider if one or more of these tags fits your diary: Civil Rights, Community, Congress, Culture, Economy, Education, Elections, Energy, Environment, Health Care, International, Labor, Law, Media, Meta, National Security, Science, Transportation, or White House. If your diary is specific to a state, consider adding the state (California, Texas, etc). Keep in mind, though, that there are many wonderful and important diaries that don't fit in any of these tags. Don't worry if yours doesn't.

You can add a private note to this diary when hotlisting it:
Are you sure you want to remove this diary from your hotlist?
Are you sure you want to remove your recommendation? You can only recommend a diary once, so you will not be able to re-recommend it afterwards.
Rescue this diary, and add a note:
Are you sure you want to remove this diary from Rescue?
Choose where to republish this diary. The diary will be added to the queue for that group. Publish it from the queue to make it appear.

You must be a member of a group to use this feature.

Add a quick update to your diary without changing the diary itself:
Are you sure you want to remove this diary?
(The diary will be removed from the site and returned to your drafts for further editing.)
(The diary will be removed.)
Are you sure you want to save these changes to the published diary?

Comment Preferences

Meteor Blades, Kimberley, Alumbrados, Mimikatz, Sylv, DeminNewJ, coral, northsylvania, Mogolori, Chi, Phoenix Woman, ogre, cali, yerioy, tikkun, Pen, Roland X, Nina Katarina, whataboutbob, Dems2004, mattman, KLM, Winger, newjeffct, sacrelicious, tnichlsn, LynChi, donna in evanston, xynz, FyodorFish, object16, mataliandy, freespeech, Plan9, Gustogirl, srbaxley, EvieCZ, concernedamerican, bronte17, Zinman, missLotus, BlackGriffen, Einsteinia, kalihikane, magnetics, OCD, Baldwiny, ask, Ad Absurdum, CoolOnion, bluesteel, Cool Blue Reason, buckeyekarl, Glic, mkfarkus, pattisigh, buckhorn okie, vmibran, Frederick Clarkson, someRaven, exconservative, Nate Roberts, wonmug, Cedwyn, artebella, celticshel, Yil, nitetalker, nalakop, scorpiorising, dejavu, psnyder, Ryvr, danthrax, TexDem, Miss Jones, 2laneIA, Kelly A H, gmb, Viola Lee, crackpot, JimWilson, desmoinesdem, Bulldawg, defluxion10, kalmoth, lcrp, Democratic Hawk, Panda, Sembtex, Curt Matlock, KellyB, lonespark, tomjones, JayDean, SanDiegoDem, jcrit, TexasLefty, furi kuri, rmx2630, Armand451, BDA in VA, Frank Vyan Walton, sawgrass727, Big Tex, libnewsie, rapala, averageyoungman, joanneleon, Recovering Southern Baptist, chumley, mediaprisoner, Bluesee, Tarindel, radarlady, PAbluestater, Kewalo, TexasTom, caul, socks, Pym, PBen, PsychoSavannah, daulton, panicbean, truong son traveler, KatGirl, dewtx, ChemBob, Laurence Lewis, FutureNow, ratzo, boofdah, Mz Kleen, owlbear1, goldrick, LNK, LABobsterofAnaheim, GreyHawk, jcitybone, lotlizard, jane123, Savvy813, bunsk, Cory Bantic, bookwoman, peacestpete, empathy, Snud, danger durden, Land of Enchantment, El Duder, begone, martini, LeftOverAmerica, danmac, MissInformation, LeighAnn, Patriot Daily News Clearinghouse, edwardssl, virgomusic, BlueInARedState, Ky DEM, profundo, Kimball Cross, G Red, HoundDog, Gorette, koNko, rhetoricus, Wary, NBBooks, DarkestHour, TalkieToaster, tecampbell, MJ via Chicago, StrayCat, gpoutney, gatorcog, Libby Shaw, Bush Bites, Doctor Frog, real world chick, Derfel, Terminus, JVolvo, mcmom, bleeding heart, boatsie, Dinclusin, middleagedhousewife, Phthalo, quantumspin, justiceputnam, Turbonerd, Nancy Hartley, Cenobyte, Timothy J, Clive all hat no horse Rodeo, blueoregon, shaharazade, blueintheface, markthshark, Aaa T Tudeattack, NonnyO, AntKat, DBunn, Thinking Fella, Drama Queen, One Pissed Off Liberal, J Royce, Noor B, fisheye, gardenkitty, Fredly, Loudoun County Dem, byDesign, blue armadillo, california keefer, moodyinsavannah, gloriana, DvCM, lynmar, noofsh, dclawyer06, DWG, Unbozo, St Louis Woman, Seneca Doane, Midwesterners, ubertar, vbdietz, mp, rougegorge, SeaTurtle, jnhobbs, millwood, OIL GUY, yella dawg, Progressive Chick, Rumarhazzit, Brahman Colorado, madgranny, LWelsch, JML9999, Captain Nimrod, cacamp, Predictor, vet, oxon, TomP, Empower Ink, rmonroe, sand805, jwinIL14, Michael91, mconvente, Phil N DeBlanc, MikePhoenix, laurenc, 1983sedge, AshesAllFallDown, rikyrah, elwior, golconda2, VL Baker, mikeconwell, monkeybrainpolitics, pkohan, Ocelopotamus, geomoo, icebergslim, pademocrat, Jeff Y, allie123, billybam, angelino, Simply Agrestic, cactusflinthead, shortgirl, papicek, lissablack, statsone, CIndyCasella, mos1133, LaFeminista, Bule Betawi, multilee, denisegreenbay, Searching for Pericles, emboyo, litoralis, An Affirming Flame, bsmechanic, Stranded Wind, DFH, notrouble, Partisan Progressive, velvet blasphemy, jodygirl, mkor7, rini6, EquationDoc, DefendOurConstitution, Daily Activist, elziax, obiterdictum, cheftdp, lastman, Corneliusmingus, obscuresportsquarterly, kevinpdx, Shelley99, Keith Pickering, IreGyre, romwriter, Muzikal203, Knarfc, tote, haremoor, A Voice, Nonconformist, spicecakes69, Barackthestablishment, ratmach, dolfin66, Amber6541, Just Bob, gohmak, cezariusz, Lazar, ppl can fly, Jampacked, winkster, flitedocnm, Obamican08, veracityus, Areopagitica, LaughingPlanet, NJpeach, 1000 Points of Fright, brunoboy, fidellio, citizen31, Crabby Abbey, msmo1918, BonnieSchlitz, ctlrick, pixxer, elginblt, Puddytat, Mariken, DrFitz, tassojunior, DiegoUK, Lrios, Yasuragi, sharonsz, JRandomPoster, Betty Pinson, gereiztkind, BlueFranco, Aaron Silverstein, Loose Fur, calchala, stevenaxelrod, slice, no way lack of brain, Onomastic, Jane Lew, Jalynna, the girl, Lost Left Coaster, KathyfromOhio, nicethugbert, Hopeful Skeptic, oldmogreen, Kharafina, flyonawall, freesia, BlackQueen40, Mistral Wind, Situational Lefty, feeny, cusoon, Veeajera, marleycat, PorridgeGun, bamabikeguy, IT Professional, lizard people, IL JimP, alienufo, MinistryOfTruth, VTCC73, hands in clay USA, Hector Gonzalez, lincoln deschain, James Protzman, Niphead, TheRyeChip, Logical Fallacy Contraption, KingofSpades, caseyaaronsmith, jaebone, Remsicle, too young to give up, ChrisFromMaine, Only Needs a Beat, mod2lib, James Robinson, kywildcat, gnostradamus, KiB, omoboy, CuriousBoston

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site