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    Genachowski Statement: Approval of Comcast-NBCU Transaction

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    Paul Jackson
    The FCC chairman approved the merger of Comcast, GE, and NBC Universal with conditions to ensure it serves the public interest. The conditions include steps to promote competition in online video and increase broadband access for underserved communities, schools, and libraries. The approval also aims to increase news coverage, children's programming, and Spanish-language shows. The chairman thanked FCC staff and the DOJ for their work reviewing the merger.

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    Genachowski Statement: Approval of Comcast-NBCU Transaction

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    Paul Jackson
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    The FCC chairman approved the merger of Comcast, GE, and NBC Universal with conditions to ensure it serves the public interest. The conditions include steps to promote competition in online video and increase broadband access for underserved communities, schools, and libraries. The approval also aims to increase news coverage, children's programming, and Spanish-language shows. The chairman thanked FCC staff and the DOJ for their work reviewing the merger.

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    FCC Chairman Genachowski's Statement: Approval of Comcast-NBCU Transaction January 18, 2011

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    The FCC chairman approved the merger of Comcast, GE, and NBC Universal with conditions to ensure it serves the public interest. The conditions include steps to promote competition in online video and increase broadband access for underserved communities, schools, and libraries. The approval also aims to increase news coverage, children's programming, and Spanish-language shows. The chairman thanked FCC staff and the DOJ for their work reviewing the merger.

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    Genachowski Statement: Approval of Comcast-NBCU Transaction

    Uploaded by

    Paul Jackson
    The FCC chairman approved the merger of Comcast, GE, and NBC Universal with conditions to ensure it serves the public interest. The conditions include steps to promote competition in online video and increase broadband access for underserved communities, schools, and libraries. The approval also aims to increase news coverage, children's programming, and Spanish-language shows. The chairman thanked FCC staff and the DOJ for their work reviewing the merger.

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    STATEMENT OF

    CHAIRMAN JULIUS GENACHOWSKI

    Re: Applications of Comcast Corporation, General Electric Company and NBC Universal,
    Inc. For Consent to Assign Licenses and Transfer Control of Licensees, MB Docket No. 10-56,
    FCC 11-4

    After a thorough review, we have adopted strong and fair merger conditions to ensure
    this transaction serves the public interest.

    The conditions include carefully considered steps to ensure that competition drives
    innovation in the emerging online video marketplace.

    Our approval is also structured to spur broadband adoption among underserved


    communities; to increase broadband access to schools and libraries; and to increase news
    coverage, children's television, and Spanish-language programming.

    I commend the excellent work of the FCC staff; this was an endeavor that involved
    almost every Bureau and Office. I also want to thank Assistant Attorney General Varney and her
    staff for their close collaboration throughout this review.

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