Thursday, February 13, 2014

Oh No !!!!!

From USA TODAY Comcast deal a blow to Apple TV and Netflix SAN FRANCISCO -- Apple investors and Netflix fans better start writing to their elected officials in Washington to oppose Comcast's $45 billion acquisition offer for rival Time Warner Cable. The reason? If the giant cable merger announced today is approved by regulators without any conditions to protect consumers, the deal will be a disaster both for users who want access to low-cost, Web-based entertainment and for the companies that want to deliver it. The acquisition could put a major hurt on Apple CEO Tim Cook and the company's shareholders, who've been hoping for more than a year that a digital entertainment device might help revive the company's fading revenue growth. http://usat.ly/1ewCDBL Get USA TODAY on your mobile device: http://www.usatoday.com/mobile-apps

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