Comcast’s Time Warner Cable Acquisition Throws Apple TV Partnership Into Doubt

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Comcast, the number one cable provider in the U.S., has announced that it plans to acquire Time Warner Cable, the second largest cable firm in the U.S., for a reported $45 billion.

The deal — set to be officially announced later today — will see Comcast offer $158.82 per share in an all-stock deal.

Interestingly, this follows on from last month’s news that Time Warner Cable rejected a $60 billion bid from Charter Communications last month — referring to the offer as “grossly inadequate”.

While the story is interesting in what it suggests about a cable monopoly in the United States, what makes it relevant to Apple-watchers is the fact that the deal was announced on the same day it was reported that the news was reported that Apple was negotiating with Time Warner Cable to bring the cable provider’s content onto the Apple TV.

What this means for a potential partnership between Apple and TWC is currently unknown. While Apple has reportedly been in talks with the company since at least 2012, Comcast has previously shown itself to be reluctant to team with Apple for its branded set-top device and related service.

  • techdude550

    So the TW takeover “throws” a rumored Apple negotiation supporting a rumored product into doubt in the minds and mouths of the uninvolved. Heavy. Tim Cook and Co. will be completely anxious to learn about it all from your post, I’m sure.

  • Sean Sebastian

    how is this not a monopoly on the cable tv industry? One provider to rule them all.

About the author

Luke DormehlLuke Dormehl is a UK-based journalist and author, with a background working in documentary film for Channel 4 and the BBC. He is the author of The Formula: How Algorithms Solve All Our Problems, And Create More and The Apple Revolution, both published by Penguin/Random House. His tech writing has also appeared in Wired, Fast Company, Techmeme, and other publications. He'd like you a lot if you followed him on Twitter.

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