What the Comcast-Time Warner Merger Means for Philly

The nation’s biggest business story has local ramifications.

Comcast’s proposed purchase of Time Warner Cable is the biggest story in the nation right now, so big we can’t possibly bring you all the news and analysis that exists about it. Instead, we’ll start with NewsWorks, doing the right thing and treating it like a local story:

The merger will make Philadelphia’s Comcast, which also owns NBCUniversal, an even bigger force in delivering cable and broadband services to tens of millions of U.S. homes.

Roberts said the deal will also generate about $1.5 billion in operating efficiencies. He wouldn’t elaborate on whether that meant job cuts — except for saying this: “It does put a lot of people’s lives and careers [in flux] and there’s uncertainty. And that’s just one of the reasons we always hope the review is as expeditious as possible.”

“Any time that Comcast and Time Warner Cable talk about synergistic efficiencies, what they’re talking about is laying off staff,” said Susan Crawford, a visiting professor at Harvard who focuses on telecommunications policy.

And since you need crews out in the field to do all the customer service jobs, it’s headquarters-type jobs that are going to go. Will most of them go from the home company, or the newly bought-out company?

The New York Times examines how the deal might pass the scrutiny of regulators. David L. Cohen, Ed Rendell’s former right-hand man and now Comcast vice president, is key:

But many in Washington say that Mr. Cohen, a veteran of Philadelphia politics, is Comcast’s secret weapon in trying to persuade government regulators to sign off on the deal.

Mr. Cohen has close ties to President Obama, perhaps even closer than Comcast’s chief executive, Mr. Roberts, who has golfed with the president on Martha’s Vineyard.

A major Democratic fund-raiser, Mr. Cohen and his wife hosted Mr. Obama at their Philadelphia home in 2011, raising $1.2 million at an event where the president called the couple “great friends.”

Mr. Cohen also was a guest at the White House on Tuesday for the state dinner in honor of President François Hollande of France.

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  • matthew brandley

    Another commie lefty butt buddy of Obama that will spew the left agenda from nbc down our throats about communism just like buddy boy bob costats has done . Just like that lefty show Meet The Press has done. NBC nightly news has done. Talk about left leaning! yes folks be afraid! be very very afraid!

    • Danielzinho

      turn the tv off dipshit.

    • JJT


  • J.Oz

    You have nothing to fear! They are all men…I mean, persons of the people.

    They only SEEM to behave oddly similar to the politicians

    • Rern Perl

      “Evil capitalist” is an oxymoron.

      You don’t know what capitalism is.

      • J.Oz

        I agree 100% that “evil capitalism” is an oxymoron. Your point is…?

        • Rern Perl

          Hmm. I don’t know now. I don’t know if I even follow your point anymore. LOL.

          I’m just pro laissez-faire. That’s all I have to say. :)

  • Capitalist

    Wow what us wrong with people – let’s see Comcast employs over 134,000 employees today and provides millions to the communities they operate in – not to mention extremely affordable internet access to low income families….. Why all the Hate? Why do we not honor progress, growth and success…..envy is a terrible thing.

  • Brian R.

    It would be nice if Philadelphia becomes the telecommunications capital of the world.