Comcast and NBC Announce $30 Billion Merger; Ask Boards of Directors to Be Available Between 6:00 AM and 6:00 PM on Friday

Merger Announced -- Washington Post

Not sure that I'm cool with this.  Under the proposed plan, Comcast will end up owning one out of every five television viewing hours.  In addition to the NBC network and the Universal Pictures movie studio and theme parks, NBC Universal currently owns 34 TV stations, including WRC (Channel 4) in D.C.  Its other holdings include the Spanish-language network Telemundo, and 13 cable networks, the biggest of which are USA, CNBC, MSNBC, Syfy, Bravo and Oxygen. Comcast will contribute its cable-network group to the marriage, including such channels as E! Entertainment Television, Style, Versus, the Golf Channel, the Major League Baseball channel and 10 regional sports networks.