Congress Tunes In To Mega Media Deal

There is a mega media merger on the horizon – and Capitol Hill is tuned in. Last Thursday the CEOs of Comcast and NBC Universal came to Washington to testify before a subcommittee of the Senate Judiciary Committee and make a case for their joint $30B merger. Comcast is the country’s largest cable provider and NBC Universal is television’s top-rated network among the 18-49 age group. As reported by MSNBC, NBC Universal also includes “a major movie studio; a television production studio; a handful of cable TV channels including USA, Sci-Fi, CNBC and Bravo; and a group of 29 television stations.”

You can watch the entire webcast of the hearing here or watch Senator Franken’s style of questioning below. Finally, the Hill’s Kim Hart did a few posts on her blog here.

[youtube]http://www.youtube.com/watch?v=clvqrfq6-Es[/youtube]

Leave a Reply

Your email address will not be published. Required fields are marked *