Comcast splitting up businesses

[ncted]

https://www.wsj.com/business/media/comcast-to-split-media-and-tech-businesses-into-two-separate-companies-20b8a3d0?st=D3oAa5&reflink=desktopwebshare_permalink

 

[zippyfrog]

Is this just undoing what happened in 2009 when Comcast bought NBC? Comcast is now just going to be what it was back then and NBC is it's own thing?

 

[Scott Greczkowski]

Wonder what this means for Peacock?

 

[b4pjoe]

Wonder what this means for Peacock?

The stand-alone NBCUniversal will include Universal's film and television studios, its growing theme parks division, the NBC and Telemundo networks, Bravo, Peacock, and the European media business, Sky.

 

[harshness]

Wonder what this means for Peacock?

I'd guess that at some point, Peacock Premium may no longer be included for Xfinity Diamond customers. Access to broadcast stations might change.

 

[Juan]

Comcast is losing cable/ internet subs by the thousands

NBC is losing viewers by the thousands

I wonder which one will go broke first

 

[zippyfrog]

According to CNBC that this could pave the way for a Comcast-Charter merger.


View: https://x.com/sherman4949/status/2071578207568945499

 

[harshness]

According to CNBC that this could pave the way for a Comcast-Charter merger.

Let's pretend for a moment that Comcast splits into NBC Universal and Xfinity.

I can't see a merger combining Spectrum and Xfinity passing muster in a just world.

Combining NBC Universal with Charter doesn't make any sense either given the current trend in the other direction.

 

[AZ.]

According to CNBC that this could pave the way for a Comcast-Charter merger.


View: https://x.com/sherman4949/status/2071578207568945499

Oh great another giant company taking over another. So much for competition in the market place!

 

[ncted]

Oh great another giant company taking over another. So much for competition in the market place!

Do Comcast and Charter overlap anywhere?

 

[AZ.]

Do Comcast and Charter overlap anywhere?

It dosent matter. It another huge merger deal. Its called Anti-trust. Thats why we have 6 media companies controlling 95% of all content.

 

[harshness]

Do Comcast and Charter overlap anywhere?

No! That's the magic of franchising.

 

[savarese04]

It dosent matter. It another huge merger deal. Its called Anti-trust. Thats why we have 6 media companies controlling 95% of all content.

due to the fact that coax is regulated differently than copper, one company has always had a monopoly over the coax that comes into your house. just because a combine company would be larger, it changes nothing for the end consumer. As two separate companies, if Comcast or Spectrum wanted to charge $200 for cable, because they are only provider, you'd have zero choice if you want coax delivered service. As one company, same thing

 

[harshness]

As two separate companies, if Comcast or Spectrum wanted to charge $200 for cable, because they are only provider, you'd have zero choice if you want coax delivered service. As one company, same thing

The real danger is to the content owners who haven't established DTC on their own. If they get shut down by all of cable television, they're done.

I think what Comcast and Spectrum are really worried about is that some of the big housing properties might consider doing away with their cable company contracts in favor of broadband -- let the tennants worry about what they want to watch.

 

[savarese04]

The real danger is to the content owners who haven't established DTC on their own. If they get shut down by all of cable television, they're done.

I think what Comcast and Spectrum are really worried about is that some of the big housing properties might consider doing away with their cable company contracts in favor of broadband -- let the tennants worry about what they want to watch.

DTC content owners? what are you even blabbering about?

 

[Mr Tony]

I think what Comcast and Spectrum are really worried about is that some of the big housing properties might consider doing away with their cable company contracts in favor of broadband -- let the tennants worry about what they want to watch.

That is what happened in the apartment complex I live in did. Mankato has 2 (one being a former) cable companies. Spectrum (main one) and Consolidated (now called Fidium) which was (under old old old names) the Telco in Mankato. They had a cable option too which ran through the internet. They stopped that a couple years ago and tell people to get Directv stream. One thing I've noticed is when a company is building a new complex Fidium gets in there and offers the landlord/owner a deal to get Fidium/Consolidated (there are places that say "oh you get 500Gb internet included with rent"). So as example in my apartment "compound" (5 buildings and like 275 units) we get 1GB internet and Directv Entertainment "included in rent". I think the only reason we get Directv is because we had Consolidated cable prior. If we want something higher package wise than Entertainment we pay the difference.

 

[ncted]

I can see how the competitive landscape has changed in ways that have weakened Comcast's hand, as well as Charter's.

On the content side, NBC Universal is not doing as well as their competitors, so this opens that line of business up for merger with Netflix or whoever.

On the cable/internet/mobile side of things, both Comcast and Charter are losing customers, so merging gives them more negotiating power with content providers for cable (for the time being anyway), Verizon for their MVNOs, a bigger combined backhaul network for their internet telecom business, and the general operational efficiencies of merging. This is all in theory of course.

 

[ncted]

FYI: Just a reminder that Comcast spun off most of their cable channels back in January as Versant, so those will not be part of this.

 

[zippyfrog]

FYI: Just a reminder that Comcast spun off most of their cable channels back in January as Versant, so those will not be part of this.

CNBC around 1pm yesterday had a segment about this, and the people talking were questioning if there was going to be a spin off, why not do it all in January. They questioned the second wave 6 months later.

 

[ncted]

CNBC around 1pm yesterday had a segment about this, and the people talking were questioning if there was going to be a spin off, why not do it all in January. They questioned the second wave 6 months later.

Seems pretty clear why they did it the way they did. Jettison the worst performing line of business first, so NBC Universal will be attractive to potential merger partners.