After a year-long review, the Federal Communications Commission and the Department of Justice have approved Comcast’s proposed merger with NBC Universal — but only if a variety of conditions are met. Chief among them is that Comcast must give up management control of the video website Hulu. The merger will create a new media force that touches not only television and movie content, but also the way it’s delivered. At bottom, it positions Comcast as the nation’s largest cable and broadband company.
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Comcast OK With Feds' Conditions for NBC Merger
Posted by: Erika Morphy January 19, 2011 10:35 AMAfter a year-long review, the Federal Communications Commission and the Department of Justice have approved Comcast’s proposed merger with NBC Universal — but only if a variety of conditions are met. Chief among them is that Comcast must give up management control of the video website Hulu. The merger will create a new media force that touches not only television and movie content, but also the way it’s delivered. At bottom, it positions Comcast as the nation’s largest cable and broadband company.