Posted inNews & Opinion

Comcast ends bid to merge with Time Warner

The Comcast-Time Warner Cable merger is off. This morning, Comcast released a statement saying that it’s calling off the deal. The decision comes after reports that Comcast and Time Warner faced growing resistance from Federal Communications Commission and Department of Justice staff. Here’s the statement from Comcast’s Chairman and CEO Brian L. Roberts: Today, we […]

Posted inNews & Opinion

Comcast-Time Warner merger probably not great news for consumers

Rochesterians have limited choices for high-speed Internet service — something that’s almost a modern necessity. And a pending merger between Comcast and Time Warner probably won’t help matters. The Washington Post reports that Comcast will pay $45 billion in stocks to take over Time Warner. The deal needs to clear federal anti-trust reviews, but those reviews tend to […]

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