As noted last night, Comcast is discussing a majority NBC purchase from GE:
Its good to have low friends in high places — especially lawyers! (Thanks, David!)
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
"Overall household indebtedness is up from $7 trillion to almost $10 trillion since 2000. On this sum, we estimate, the American consumer has an annual interest bill of more than $500 billion; a sum, by the way, that vastly exceeds his current income growth." —Kurt Richebacher
"The Greek offer is not sufficient and they have to go away to come up with a revised plan," said a spokesman for the German Finance Ministry. The Greeks must first have a plan that satisfies the Germans which this comment states they clearly don't yet and then the Greek Parliament will vote on it this weekend. This said, whatever package gets voted on in Greece is basically an up or down vote on euro membership so we are entering another uncertain weekend for global markets. A failed vote will likely lead to a hard default which may be what...
read more »
Tweet
Facebook
Reddit
Digg this!
October 1st, 2009 at 3:16 pm
what’s in it for comcast? appears like a lose/win to me
October 1st, 2009 at 3:19 pm
Comcast will either spin off CNBC or turn it into a reputable business news provider in an attempt to bolster ratings to profitable status. What would a CNBC with objectivity and integrity look like? Who would stay and who would go? Who couldn’t adjust to an atmosphere of professionalism? Maybe it would become an infomercial network for sales pundits who have a fund to hype and some of the current news personalities would just be there for continuity between 15 minute commercials.
October 1st, 2009 at 3:32 pm
Perhaps I can start watching NBC networks again.
October 1st, 2009 at 3:32 pm
Ahab: Comcast gets to buy an asset that they can improve. How? NBC has been grossly mismanaged in recent years. Horrible programming combined with a twisted far left political agenda has torpedoed ratings especially on MSNBC.
October 1st, 2009 at 3:41 pm
LB looks forward to those days when Cramer is hiding underneath his desk instead of mutilating teddy bears.
October 1st, 2009 at 3:46 pm
This is about controlling content- censorship. MSNBC- far left? Utter lack of perspective. Most of their talent is as bourgeois as you. Their producers, their administration- far left? You don’t what far left is.
Exemptions from the Sherman Act got mentioned- got to shut that down post haste.
The goal is for everyone to tune into Fox regardless of the channel they are watching.
Brian Kilmeade from Fox and Friends:
BROWN HAIRED GUY: We keep marrying other species and other ethnics–
GRETCHEN CARLSON: Are you sure you are not suffering from some of the causes of dementia right now?
BROWN HAIRED GUY: The problem is the Swedes have pure genes. They marry other Swedes, that’s the rule. Finns marry other Finns; they have a pure society. In America we marry everybody. We will marry Italians and Irish.
DAVE BRIGGS: This study does not apply?
BROWN HAIRED GUY: Does not apply to us.
October 1st, 2009 at 3:51 pm
getalife-
by providing content- won’t they be competing against the very folks that use them to distribute their programming?
that by itself may create some issues IMO
October 1st, 2009 at 4:00 pm
Ahab,
They might run into some regulators issues / some non competency issues. Unless regulators are working.
October 1st, 2009 at 4:21 pm
Getalife:
It doesn’t matter who owns that shitty media outlet. Or Fox.
They are all going to be history after the big wave of societal change arrives.
At some point, widespread revulsion with the media and the oligarchy they support will wipe them all away.
Within a few years anything associated with the Boomer generation’s culture of consumption will be vilified.
October 1st, 2009 at 4:24 pm
Faber was on CNBC early this morn poo-pooing it saying it wasn’t going to happen… maybe a 20% stake…
October 1st, 2009 at 4:29 pm
“Within a few years anything associated with the Boomer generation’s culture of consumption will be vilified”
amen to that- and another thought-
weren’t these the same counter culture hippies that eschewed the establishment and corporate America-hypocrite mf’ers
October 1st, 2009 at 4:34 pm
LB – “Within a few years . . . . . .”
Oh, I think this has already happened.
October 1st, 2009 at 4:46 pm
Leftback – you really have quite the sense of humor or is it deluded arrogance? With all due respect to this good blog, it attracts a few thousand unique visitors per day. Just who do you see dominating the new media world? Like it or not, Fox is growing fast.
Ahab – anything associated with the boomers??? What boomers consume is not demonstrably different than those who came before or after.
October 1st, 2009 at 4:50 pm
@GetALife: And that says quite a bit about the sad state of affairs in this country, does it not? Now go back to your cubicle at FOX News.
October 1st, 2009 at 5:02 pm
“who do you see dominating the new media world? Like it or not, Fox is growing fast.”
hmmm . . .so Fox is new media? Well television has only been around 60 or 70 years or so- so it’s newer that the telegraph I guess
“What boomers consume is not demonstrably different than those who came before or after.”
6 member family w/ 3 BR’s 1 bath 1500 SF home, 1 car, 1 TV
vs
4 member family w/ 4 BR 2.5 bath 2500 SF home, 2 or 3 cars, 4 TV’s
hmmm . . .
October 1st, 2009 at 5:12 pm
Debating with a FOX “News” viewer is akin to a debate with my dog (no offense, little doggie).
October 1st, 2009 at 6:04 pm
Fox is idiot level, lowest common denominator, IQ 90 entertainment and is unworthy of further comment.
Two words: Bill O’Reilly. Now leave me alone, you idiotic conservative troll.
October 1st, 2009 at 7:49 pm
GetALife:
Far left? Last I checked, JoeScar was one of Newt’s boys from 1994. Then you have Pat Buchanan. KO and Maddow don’t make it a far left network. They are the only two voices of the left on that network.
October 1st, 2009 at 8:45 pm
“The Great Comcast Sucks” just doesn’t seem to have the same ring to it (and somebody’s already registered comcastsucks.com)…
October 1st, 2009 at 11:08 pm
I think what this really means is, once Comcast takes over, Maria Bartiromo won’t show up for “The Closing Bell” until around 9 PM.
October 1st, 2009 at 11:18 pm
Comcast and GE doing a deal strikes me as 2 desperate companies trying to get attention with a faux or maybe real “deal”.