Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Reports: Comcast To Buy Time Warner

Comcast is expected to announce its acquisition of Time Warner on Thursday, various media outlets report.

Bloomberg, citing "four people familiar with matter," says Comcast will buy the cable company for about $44 billion, "combining the largest two U.S. cable companies in an all-stock deal."

The New York Times reports that Comcast and Time Warner don't currently compete in many markets. But, it adds:

"Nonetheless, regulators will surely look carefully at the impact on the deal to consumers, and may also focus on whether the combined company will have additional power in negotiations with cable networks, a recent source of tension in the industry."

Comcast announced its acquisition of NBCUniversal from General Electric in February 2013. As the Times notes, "the latest deal would be its second big act to radically reshape the media landscape in the United States."

Copyright 2021 NPR. To see more, visit https://www.npr.org.

Dana Farrington is a digital editor coordinating online coverage on the Washington Desk — from daily stories to visual feature projects to the weekly newsletter. She has been with the NPR Politics team since President Trump's inauguration. Before that, she was among NPR's first engagement editors, managing the homepage for NPR.org and the main social accounts. Dana has also worked as a weekend web producer and editor, and has written on a wide range of topics for NPR, including tech and women's health.