You will be redirected back to your article in seconds

Comcast, Time Warner Cable To Meet With DOJ on Merger

Comcast and Time Warner Cable will meet with officials at the Department of Justice on Wednesday to discuss their proposed merger.

The news comes after a Bloomberg story on Friday reported that DOJ attorneys were preparing to recommend that the Antitrust Division block the $45 billion merger. (A Variety source says the meeting was already on the books).

Comcast also denied a report that it may walk away from the merger if regulators impose a condition in which they must abide by the FCC’s recently passed net neutrality rules, which are under a legal challenge by the telecom and cable industries. The FCC is reviewing the proposed merger in addition to the DOJ.

“Any report that Comcast has decided anything related to potential conditions on the TWC deal is unequivocally false,” a Comcast spokeswoman said in a statement. “We are fascinated to know how any source can purport to know what we have supposedly decided about a request that has never been put to us, that we have not discussed with the commission, and on which we have taken no position in any forum.”

Comcast has continued to meet with officials at the FCC even though the agency has stopped its “shot clock,” a 180-day timeline of its review, as it awaits a decision from the D.C. Circuit Court of Appeals on a request by major media companies that would block third parties from reviewing confidential programming contracts.

Companies that have been critical of the merger, like Discovery Communications, have been submitting documents to the FCC, responding to queries from the agency that have to do with negotiating carriage for their video programming. It’s expected that the FCC will focus heavily on the impact that the merger will have on the growing market for over-the-top video programming in its review.

Some Wall Street analysts have downgraded their prospects for the merger gaining the government greenlight, while Sen. Al Franken (D-Minn.), who opposes the merger, wrote an op-ed for TechCrunch in which he said that he has “new hope” that the merger will be blocked.

More Biz

  • Gibson, Iconic Guitar Company, Said to

    Gibson, Iconic Guitar Company, Said to Be Nearing Bankruptcy

    Comcast and Time Warner Cable will meet with officials at the Department of Justice on Wednesday to discuss their proposed merger. The news comes after a Bloomberg story on Friday reported that DOJ attorneys were preparing to recommend that the Antitrust Division block the $45 billion merger. (A Variety source says the meeting was already on […]

  • David Glasser Fired by the Weinstein

    Weinstein Co. Board Fires COO David Glasser for Cause

    Comcast and Time Warner Cable will meet with officials at the Department of Justice on Wednesday to discuss their proposed merger. The news comes after a Bloomberg story on Friday reported that DOJ attorneys were preparing to recommend that the Antitrust Division block the $45 billion merger. (A Variety source says the meeting was already on […]

  • Rules Don't Apply review

    Warren Beatty Sought Wider 'Rules Don't Apply' Release Despite Grim Test Screenings

    Comcast and Time Warner Cable will meet with officials at the Department of Justice on Wednesday to discuss their proposed merger. The news comes after a Bloomberg story on Friday reported that DOJ attorneys were preparing to recommend that the Antitrust Division block the $45 billion merger. (A Variety source says the meeting was already on […]

  • Oh Seok-geun Korean Film Council

    New Leader Promises Reforms at Korean Film Council

    Comcast and Time Warner Cable will meet with officials at the Department of Justice on Wednesday to discuss their proposed merger. The news comes after a Bloomberg story on Friday reported that DOJ attorneys were preparing to recommend that the Antitrust Division block the $45 billion merger. (A Variety source says the meeting was already on […]

  • SOUTH KOREA OUTMandatory Credit: Photo by

    Actress Choi Hee-seo Looks Forward to a Promising Career

    Comcast and Time Warner Cable will meet with officials at the Department of Justice on Wednesday to discuss their proposed merger. The news comes after a Bloomberg story on Friday reported that DOJ attorneys were preparing to recommend that the Antitrust Division block the $45 billion merger. (A Variety source says the meeting was already on […]

  • The Prison Korean Cinema

    Korea's Box Office Faces a Drop in Admissions as Streaming Services Compete

    Comcast and Time Warner Cable will meet with officials at the Department of Justice on Wednesday to discuss their proposed merger. The news comes after a Bloomberg story on Friday reported that DOJ attorneys were preparing to recommend that the Antitrust Division block the $45 billion merger. (A Variety source says the meeting was already on […]

  • Andy Lo Hong Kong Writer Director

    Ambitious Filmmaker Andy Lo Wants Success in Both Hong Kong and China

    Comcast and Time Warner Cable will meet with officials at the Department of Justice on Wednesday to discuss their proposed merger. The news comes after a Bloomberg story on Friday reported that DOJ attorneys were preparing to recommend that the Antitrust Division block the $45 billion merger. (A Variety source says the meeting was already on […]

More From Our Brands

Access exclusive content