Thursday, December 23, 2010

FCC chair to approve Comcast-NBC merger with conditions

The chairman of the Federal Communications Commission issued a draft order approving Comcast's proposed merger with NBC Universal on Thursday, putting the deal up for vote.

Approval would come with several conditions related to Internet video distribution of NBC and Comcast content and the sharing of shows to competing cable and satellite firms. The merger would also have to ensure that competing networks get on Comcast's platform.

The Justice Department is conducting a separate review to see if the deal passes antitrust laws.

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