Monday, June 1, 2015

Biggest obstacle for Charter-Time Warner Cable deal could be Netflix

While many analysts believe Charter’s $78.7 billion acquisition of Time Warner Cable — a deal that would make the new entity the second largest cable provider in the country behind Comcast — has enough muster to clear regulatory hurdles, one industry giant remains to be heard from, and it could pose a threat to the deal. That would be popular streaming service Netflix, which helped thwart Comcast’s failed $45 billion takeover bid for Time Warner Cable earlier this year. Many have predicted…
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