Comcast Bids to Take Over Time Warner

Tim Stevens by 

Few people are truly in love with their cable provider, whether it be due to overpriced channel packages, inconsistent and annoyingly capped internet access, or the general angst caused by a lack of choice. News this week of a Comcast bid for Time Warner isn’t likely to make any of those parties happier. The $42.5 billion deal would see the first and second place cable companies in the United States joining together to create a single entity that would corner 30 percent of the market whilst laughing maniacally and, presumably, swimming in a giant pool filled with gold coins.

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