So in the news today it said that Comcast bought out NBC. Comcast bought 51% of NBC shares from the previous owner GE. GE still retains 49% but they are not the majority owners. Some people are claiming this is the dumbest business agreement since Time Warner bought AOL in 2001. Comcast is defending saying that this can really be a good thing. Comcast, who owns E entertainment, says that Universal movies could reach cable television much faster, television shows will come to cellphones and computers much faster.
Other reports claim that Comcast buying out NBC will show the end of free Hulu, which is a website that allows users to watch there favorite shows after they have aired, for free on the Internet whenever they please. If this goes anything like the Time Warner and AOL incident it might not be good.
In my opinion i think that this is probably a good thing. From what Comcast is saying, and i don't think they would blatantly lie, i don't think that they will be taking free Hulu away, and if movies come out and are shown on T.V. much quicker, i don't have any problems with that. And as of now i don't own a cellphone that can watch T.V. on it, but i would assume i will sometime in the future, and if this acquisition by Comcast helps that, I'm all for it. I hope that this doesnt end up like the AOL situation, but only time will tell.