It seems likely that Comcast will acquire a controlling interest in NBC Universal.
In a way it’s nothing new for a cable operator to seek control of cable properties. That was John Malone’s playbook when he ran TCI.
But i think it’s interesting to see the differences between comcast’s strategy and time warner’s strategy
Cable. Time Warner spun out Time Warner Cable. Comcast grew their cable business over the last 10years substantially buying AT&T and Mediaone.
Time Warner is divesting online content eg AOl, while Comcast is buying (daily candy, fancast, theplatform, plaxo).
I have always been impressed with the execs at Comcast. I also like it that the founders are still running the business.
I think the NBC move is a signal that the once mighty cable network as a scarce point of distribution isn’t the only game in town.
And i believe it also is a signal that over the top online video is becoming real.
(disclaimer: wrote this on my iPhone. Sorry any typos and lack of links).