Think of how much easier it will be to purchase Television Content and Internet Service when just one company provides it all! You could think grumpy thoughts about this—the emergence of two mega telecom companies in Comcast-Time Warner and AT&T-DirecTV—or just roooolllll with it, like a breeze over oceans of money.
This weekend just got 300% awesomer. Why? Because I was embarrassed to go see the Witch Mountain reboot (can it really be called a reboot even?) in the theaters. (Single 30-something man alone? For shame.) So now I can consume this little bit of meaningless yet itch-scratching culture-porn safely in my own home. Hoorah!
TWC goes to Comcast. This chart helps put it in to perspective. pic.twitter.com/XmlAZvOE3Y
— James Gross (@James_Gross) February 13, 2014
That chart above went around a bit last night, with the news of the purchase of Time Warner by Comcast for $45.2 billion. It compares the "market value" of LinkedIn, Twitter, Facebook and Google v. the "market value" of CBS, Viacom, Disney, Comcast and Time Warner Cable. You know, the new establishment v. those stupid old dinosaurs. Hmm, how else could we compare these companies?
Oh right, how about by that crazy out-of-fashion metric: by the money they make? I made you a chart! Here's that [...]
New York City has negotiated a deal with Time Warner Cable and Cablevision where the cable companies will have to pay if appointments aren't kept, with the refunds equaling up to the cost of a month's bill until 2012, when Verizon FiOS (and its way superior on-demand offerings — hello, Come Dine With Me!) arrive in the city. (At that point the refund maximum drops to $25.) I suspect that there will be more than a few people who are just bored/underemployed/cheap enough to serial scheduling service appointments in hopes of catching this windfall — stopwatches at the ready, praying for a traffic jam or some other [...]