Bloomberg LP joined other organizations in formally opposing Comcast’s deal to acquire NBC, the parent of business news channel CNBC, reports John Eggerton of Broadcasting & Cable.
“Theoretically that could include denying the deal outright, but it could also mean putting conditions on the deal that address the groups’ concerns.
“Those concerns include the potential for the deal to undermine independent programmers, ‘drive up’ costs of cable and satellite programming, reduce online access to ‘must-have’ programming, and a number of general perceived harms about the combination of NBCU and its programming and distribution assets with the largest cable distributor.”
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