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( 7 comments — Leave a comment )
rtfirefly
Feb. 11th, 2004 05:27 am (UTC)
Ummm, that's $66 Billion.
sterlingnorth
Feb. 11th, 2004 05:29 am (UTC)
Re:
corrected, and I'm still floored by it.
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sterlingnorth
Feb. 11th, 2004 11:48 am (UTC)
Bidding
They probably thought with all of the problems going on at Disney itself, and Eisner fighting for his job, they could come in and sweep it up from him. If anything could have helped Eisner keep running the show it would be thwarting a hostile takeover bid. People in Burbank and Orlando had already been suspicious that Mikey might be trying to sell the company for scrap. If Eisner successfully stands up to Comcast and keeps Disney from being sold, he'll be the white knight once again.

This chain of events isn't good for Roy Disney and the SaveDisney crew, for I think they lose either way the Comcast crumbles.
(Deleted comment)
kelly_lynn
Feb. 11th, 2004 07:13 am (UTC)
I didn't see this particular consolidation coming, but it's been known for some time that Big Media has been trying to merge with Telecommunications. It's much easier to control what people watch when you control the means they use to watch it.

I worry that with a Disney/Comcast combination, I won't be able to go to non-Disney-approved Internet content without paying a "service fee" (or even at all).

The FCC ought to, by rights, block this attempt at a merger, but of course they won't.
(Deleted comment)
( 7 comments — Leave a comment )