The internet is over!

[mbpark]

TW,

Comcast bought NBC so that they could own a ton of the original content and charge anyone that is not them a lot of money to use it online. By a lot of money, I mean "make it prohibitively expensive".

Fox is doing the same thing by putting all of their content behind a "paywall", i.e. charging for access to the WSJ, Fox News, and other content of theirs online. Rupert Murdoch makes a lot of money by pandering to the fear, uncertainty, and doubt of the Republican Party and their fans. Since it's "entertainment" and not news, they can officially lie to them, and get them to pay for their fix.

The difference is, Comcast is going to end up with the rights to many classic TV franchises, and the ability to charge competitors a lot of money to view content.

Michael Andreakis, their CFO, will hopefully toss Jeff Zucker out on his worthless, Jay Leno loving ass when this deal closes for blowing millions on that tripe.

In other words, it's not all that bad.