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Comcast buying Time Warner. Does this mean Comcast will own CNN, Turner TV, etc ?
 
I believe Time-Warner (the cable company) divested themselves of the TV channels long ago. Time-Warner (except fro local sports) is strictly a cable provider.
 
Comcast made a deal to purchase the cable TV company Time Warner Cable Inc., not the company that owns the Cable News Network (CNN) and the other TV programming services within the Turner Broadcasting System (Time Warner Inc.).

You may learn more about the deal by selecting this link.
 
It's the Cable TV Operations. Hopefully TW was smart enough to ensure continued carriage of their networks at favorable terms for years to come as part of the deal. Comcast is going to have monster power with content companies. While more people do view on mobile devices, computers and the like, cable is still the primary revenue source for most content providers and Comcast is now the 1200 lb gorilla in that segment.
 
It's the Cable TV Operations. Hopefully TW was smart enough to ensure continued carriage of their networks at favorable terms for years to come as part of the deal. Comcast is going to have monster power with content companies. While more people do view on mobile devices, computers and the like, cable is still the primary revenue source for most content providers and Comcast is now the 1200 lb gorilla in that segment.

There are viable alternatives, and will be more as streaming becomes commonplace. After decades of cable, I decided to try DirecTV. It was part of a Costco offer that got me a $200 gift card and a couple of free months service. Even after the initial 6 months worth of discounts, I will still be paying about half of what I was paying Comcast each month. The channel line up is organized better, and the DVR is more verstatile and has a much larger memory than my old Comcast DVR.

It's clear to me why Comcast bought NBC, has gotten into content, and has made a big investment in sports programming. Cable TV will be viable for about a decade more. By that time, they will have a whole new business model, and it won't matter.
 
You mention streaming opportunities and the cable companies provide most consumer broadband access. This acquisition is a play to 'control the pipes' and Comcast will now be dominant there as well. If they unload NBC to relieve itself of the net neutrality restrictions they agreed to as part of that deal, they'll be able to charge streaming companies more to ensure that their customers get adequate bandwidth to favor their product. I look for a spin off of NBC within a year of the deal closing.
 
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