Comcast splits into two companies, signalling end of media mega-mergers
Comcast announced on Monday a plan to split into two smaller companies, marking a clear break from the "all under one roof" consolidation model that dominated media for decades. The trend has been building for years, with AT&T's troubled $85 billion acquisition of Time Warner cementing the idea that media mega-mergers destroy rather than create value. The move signals that bigger is no longer seen as better in the media business.
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