Comcast's Acquisition of TWC Raises Questions About Apple TV Content
Late Wednesday, news broke that Comcast plans to acquire Time Warner Cable in a whopping deal worth $45 billion in stock. The deal effectively fuses the nationís two biggest cable operators.
The boards of both companies have approved the deal, which allows for Time Warner Cable shareholders to receive $158.82 a share in stock for their shares.
The acquisition raises ample questions about the future of content available through Apple TV. Amidst rumors that Apple is preparing a hardware refresh of its set-top box, we've been hearing chatter for months about Apple working on a deal with TWC. Apple is desperately in need of making deals with cable television operators in order to bulk up its content offerings without having to negotiate individual deals with content providers.
Comcast, the anticipated new owner of TWC, isn't fond of doing the types of deals that Apple has been seeking with the folks at Time Warner Cable. As a result, it's now anyone's guess as to whether the progress Apple has been making with TWC will carry over and continue with Comcast executives in charge.