Hello Monoploy
/Reports say that Comcast Corp is going to buy Time Warner Cable Inc for $45.2 billion in an all-stock deal, combining the nation's two largest cable operators.
The deal raised questions as to whether it would pass regulatory scrutiny.
There is no doubt it would make Comcast a Monopoly.
Reuters writes that the combined company would divest 3 million subscribers, about a quarter of Time Warner's 12 million customers, the people said. Together with Comcast's 22 million video subscribers, the roughly 30 million total would represent just under 30 percent of the U.S. pay television video market.
The new cable giant would tower over its closest video competitor, DirecTV, which has about 20 million video customers.
If successful, the deal will be the second time in little more than a year that Comcast has helped reshape the U.S. media landscape after its $17 billion acquisition of NBC Universal was completed in 2013.