Thursday, February 13, 2014

Progressives and Cable

Comcast plans to buy Time Warner Cable. Now as a former Warner Cable executive from the early 80s I remember when some of our overseers, Board members, saw cable as an empty pit. They went on to other successes and Cable just passed them by. But this merger/acquisition would set Teddy Roosevelt and Woodrow Wilson afire, except for say MSNBC. I believe we still have Hart Scott Rodino and the Sherman and Clayton Acts. But alas, I suspect the behemoth that will be Comcast since it appears to align with the powers that be shall be passed over with no faults being seen. Clearly Cable and especially Comcast may very well capture the entire pie, as I had indicated a decade ago.