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The deal also expands Comcast's ability to offer Warner Bros. Discovery's streaming services, Max and Discovery+, in the U.S. to its millions of Xfinity subscribers.
In addition, Comcast would divest 1.4 million Time Warner Cable subscribers to Charter Communications for about $7.3 billion, and divest 2.5 million subscribers to a new public company which would be owned 66% by Comcast shareholders, and 33% by Charter, which would manage its network and customers. Finally, Comcast and Charter would swap about ...
By Liana B. Baker and Soham Chatterjee Comcast offered to sell 1.4 million pay TV subscribers to Charter Communications for $7.3 billion as part of a Comcast Offers to Shed Customers to Get OK for ...
In the first six months of the year, an additional 4 million customer homes dropped pay-TV, according to a recent MoffettNathanson report. That's a 30% decline since 2012, when there were more ...
On December 3, 2009, telecommunications company Comcast announced its intent to acquire mass media company NBC Universal from General Electric (GE). The acquisition was subject to scrutiny from activists and government officials; their concerns primarily surrounded the potential effects of the vertical integration that the acquisition could create, as Comcast is also heavily involved in cable ...
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