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Comcast and Cox

K

kenwood

Guest
Has anyone heard of this? I know it was rumoured a couple of years ago. Cox selling out to Comcast in RI.
Someone I know who has nothing to do with Radio or TV said he just heard about this. Is this being floated around again and does anyone have the spill.
 
I thought FCC rules were recently liberalized to allow one company to own a newspaper, TV station, and cable system in the same market.

If that's the case, I could see Comcast and Cox making a swap: Comcast would acquire Cox's New England systems in exchange for Cox getting Comcast's systems in Atlanta (which just happens to be Cox's corporate "hometown", and where Cox already owns the Atlanta Journal and WSB-2).

While Comcast could certainly buy Cox's New England cable systems, I think a swap, as outlined above, is a more likely scenario if FCC regulations permit.
 
> If that's the case, I could see Comcast and Cox making a
> swap: Comcast would acquire Cox's New England systems in
> exchange for Cox getting Comcast's systems in Atlanta (which
> just happens to be Cox's corporate "hometown", and where Cox
> already owns the Atlanta Journal and WSB-2).

Cox also owns 5 radio stations in Atlanta as well.

Additionally, wouldn't Comcast acquiring Cox' Rhode Island systems be a cable monopoly in itself? It would give them most of New England; with all of Rhode Island, pretty much all of Eastern Massachusetts (except for the Adelphia systems that they will likely get anyhow), a good chunk of Connecticut, and some Southern New Hampshire syetems (more with the Adelphia acquisition), with parts of Vermont as well with Adelphia's assets.
 
If Comcast acquires Cox's Rhode Island systems (either through purchase or a swap), the company would be one step closer to an East Coast "mega-cluster" of cable systems.

They'd have almost everything along the coast from Maine to Virginia, except most of Metropolitan New York (I believe Comcast has many cable systems on the New Jersey side of the Hudson).

Maybe Comcast might eventually buy-out Cablevision Systems Corporation (Long Island and a few parts of New York City, Westchester County, and Fairfield County, Connecticut) and make a swap with Time-Warner Cable in which Comcast would get T/W's New York area systems in exchange for Comcast systems in areas near cable systems already owned by Time-Warner Cable. That would complete a huige megacluster in the Northeast.
 
> Maybe Comcast might eventually buy-out Cablevision Systems
> Corporation (Long Island and a few parts of New York City,
> Westchester County, and Fairfield County, Connecticut) and
> make a swap with Time-Warner Cable in which Comcast would
> get T/W's New York area systems in exchange for Comcast
> systems in areas near cable systems already owned by
> Time-Warner Cable. That would complete a huige megacluster
> in the Northeast.

I'd doubt that Time Warner would want to ditch the NYC systems; I believe they control Manhattan, and clearly that's a sizable asset.

And outside of MetroCast Cablevision's few systems, and Adelphia's systems in Kennebunk and some inland areas, Time Warner controls almost all of the state of Maine. They have the presence that Comcast has in Massachusetts. I'd read in an article that Time Warner specifically likes the Cumberland County portion of the state in particular as it is a generic area that they frequently use to test new services (i.e. Digital Phone) before they spread elsewhere.

Time Warner also will be getting a portion of the Adelphia systems as well, so they could easily control more of Maine. While Comcast definitely would like to control the entire Northeast Corridor, even if they can get the Cox systems, I'd be very surprised if Time Warner ditched Maine and NYC.

(though a Comcast acquisition of Cablevision's remaining TV assets, including AMC and WE (do they still own WE?), would not be surprising at all)
 
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