Monday, December 7, 2009

Comcast buys NBC

It's not a good day for consumers.

Comcast is a cable company that charges a monthly service to provide content, internet and voice. NBC offers a free programming with commercials. Hulu provides free content with some advertisement. Comcast brought a major stake in NBC, a creative company.

I never like when business and creative companies mix like this. Obviously, Comcast will have a huge say in what programming is put on the channels they provide to their paying customers. Maybe that's not such a big deal, but Comcast has a reputation for limiting content and overcharging it's customers.

Just another example of business under regulation.

No comments: