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CNN News Item 11
Intermediate · medium · Sentence 1/5
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1.
Comcast is the country's biggest cable company,and what's going to happen here,the FCC announced,is it's going to be acquiring controlling interest that's 51 percent of NBC Universal from General Electric.
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2.
And what this deal would do,it would combine Comcast Internet and cable services with NBC's broadcast stations.
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That includesMSNBC,channels like Bravo,and also an ownership stake in that online video servicethat we all talk about so much,Hulu.
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The big worry with this deal is about media consolidation and stifling competition,especially with online video.
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But, you know, reportsare that Comcast has agreed to a bunch of conditions with this deal.
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