Federal Court Rules In Favor Of Comcast On ‘Net Neutrality’; Internet Expected To Start Sucking

NEW YORK TIMES: A federal appeals court on Tuesday dealt a sharp blow to the efforts of the Federal Communications Commission to set the rules of the road for the Internet, ruling that the agency lacks the authority to require broadband providers to give equal treatment to all Internet traffic flowing over their networks. The decision, by the United States Court of Appeals for the District of Columbia Circuit, specifically concerned the efforts of Comcast, the nation’s largest cable provider, to slow down customers’ access to a service called BitTorrent, which is used to exchange large video files, most often […]

COMCASTIC: 700 Level Swallowed By Evil Empire

INQUIRER: The Philly-centric sports blog The 700 Level and Comcast SportsNet and its CSNphilly.com are partners. As the blog announced this morning: The blog “will retain editorial independence, while tapping into the unique access, technology, and resources of Comcast SportsNet in Philadelphia.” “Plus, we get to call Philly sports gurus like Jim Salisbury, Tim Panaccio, and Ray Didinger co-workers. Ray Diddy!” This will be a boon for Enrico Campitelli of Media, who finished his MBA from George Washington University recently and had been running the site from home. Campitelli will become a Comcast employee, and in addition to the salary and Xfinity […]

THAT’S COMCASTIC: Cable Giant Buys NBC Universal

[Photo by Vincent J. Brown] NEW YORK TIMES: After nearly nine months of negotiations, Comcast, the nation’s largest cable operator, finally reached an agreement on Thursday to acquire NBC Universal from the General Electric Company. The deal valued NBC Universal at about $30 billion. The agreement will create a joint venture, with Comcast owning 51 percent and G.E. owning 49 percent. Comcast will contribute to the joint venture its stable of cable channels, which includes Versus, the Golf Channel and E Entertainment, worth about $7.25 billion, and will pay G.E. about $6.5 billion in cash, for a total of $13.75 […]