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Time Warner Cable to Comcast: Integration Not Easy

Tuesday, 08 Dec 2009 03:51 PM

 

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PHILADELPHIA -- The chief executive of Time Warner Cable has this word of caution to Comcast about its purchase of a controlling stake in NBC Universal: Mixing content and the cable distribution system isn't easy.

Time Warner Cable CEO Glenn Britt said Tuesday that his company separated from parent Time Warner Inc. because the expected benefits of marrying a cable TV system and cable channels didn't appear. The businesses were quite different.

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The cable side had different goals and ways of doing things than the content side, which included Warner Bros. and such cable channels as HBO, TNT and TBS.

Last week, Comcast said it would buy a 51 percent stake in NBC Universal from General Electric Co.

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