The US Justice Department and FCC approved Comcast’s purchase of NBC Universal, with GE dropping their ownership to 49%. The FCC was cautionary, stating that such a deal could threaten “the development of innovative online video distribution services.” Comcast will lose its management rights of Hulu and neither company can restrict “unreasonable” online distribution of its video. Read the full article at techcrunch.com
About Shelly Palmer
Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and writes a popular daily business blog. He's a bestselling author, and the creator of the popular, free online course, Generative AI for Execs. Follow @shellypalmer or visit shellypalmer.com.