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Al Franken questions AG Eric Holder on NBC / Comcast merger

A lot has been said lately about this governments continued intrusion into matters best left to the balances of nature. Universal health care is akin to socialism and government regulation of wall street will be our downfall - at least some say. One thing for certain, the fewer choices we have as consumers, the more at risk we become. Al Franken put some tough questions to Eric Holder about the proposed merger of  NBC and Comcast. The third largest internet provider and one of the big three television networks want to partner-up.   Could that be good for the consumer? Maybe, but I have to wonder. We have been down this road many times before. Disney/ABC,  XM/Serius,  Merdoch/Fox,  AOL/Time Werner. I could go on. Have these mergers worked out. For the  most part no. My concern is that it, once again, puts us at the mercy of big board room decisions. I doubt that the merger would give us less choices,  but it could. Choices are what its all about. What if all you could get was vanilla and chocolate? Great if you are the guy that makes those flavors. Not so good for a guy like me that likes coconut.  Al Franken who worked for NBC for years and has given us shows like SNL is a comedic genius. He made his living working for NBC,  so if he is concerned then maybe we should be.  No joke - thanks Senator  for asking the tough questions.

1 Comment

There was a funny scene on "30 Rock" last week where the fictional NYC studio (NBC) is taken over by a cable giant from Philadelphia. Tina Fey did a tremendous job defending her hometown, but I'm worried like you about the end product of the real life merger. Also how is this going to affect everyone's cable bills?

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