UPDATE: NBC/Comcast cleared
January 19, 2011
As expected , American regulators cleared Comcast’s $13.8 billion takeover of NBC Universal.
The Federal Communications Commission (FCC) voted 4-1 to approve Comcast’s purchase of 51 per cent of NBC.
The takeover has fought off opposition from compeititors and concerns on plurality but not without accepting conditions including making NBC’s output available to rival cable and satellite companies, and internet video services.
Comcast has about 23 million cable TV subscribers and nearly 17 million Internet subscribers.
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