Read time: 1 minute

Founder: Comcast Is 'Obsessed With Growth'

With the announced merger between Comcast and Time Warner drawing the ire of cable consumer activists, it’s worth noting the surprisingly candid words of a Comcast founder just months before the announcement.
Founder: Comcast Is 'Obsessed With Growth'
Julian Brodsky, retired co-founder of Comcast Image from: Comcast

Two and a half months before Comcast and Time Warner announced plans to merge into the nation’s largest cable operator, one of Comcast’s founders surprised a room full of Philadelphia business executives with his candor:

“Some parts of it were a natural monopoly,” said Julian Brodsky of Comcast’s history. “I can say that now. I never would have said it then.” The audience laughed.

Brodsky added that with as many as five video providers in some markets today, there is no longer such a thing as a monopoly in the cable market. Both companies have used the same argument in press interviews since their announcement of the merger.

But critics argue that the deal will allow Comcast a “virtual monopoly” in 19 of the 20 largest markets if the merger were allowed to go through. As economist Paul Krugman put it, “Comcast perfectly fits the old notion of monopolists as robber barons, so-called by analogy with medieval warlords who perched in their castles overlooking the Rhine, extracting tolls from all who passed.”

Industry observers are still trying to measure the potential impact of such a combination.

“Both TWC (Time Warner Cable) and Comcast have grown by merger—that is normal for the industry,” Steve Ross, Corporate Editor of Broadband Communities Magazine told WhoWhatWhy. “But the two largest operators in an industry of this size merging is obviously rare, and that alone demands careful review.”

Although Brodsky offered no hint of the coming merger plans in his November 2013 speech to the Founder Factory Symposium, his speech, which received surprisingly little news coverage, offered insight into Comcast’s emergence as the dominant cable company.


Winter Donation Drive

For 16 years we have been exposing Washington lies and untangling media deceit. We work 7 days a week, 16 hours a day for our labor of love, but with rising hosting and associated costs, we need your help! Could you donate $20 for 2020? Please consider a one time or recurring donation of whatever amount you can spare. It will be greatly appreciated and help us continue our mission of exposing the real FAKE NEWS!

Via PayPal:
Or mail checks to:
PO BOX 66310
Los Angeles, CA 90066


We welcome relevant, respectful comments. Any comments that are sexist or in any other way deemed hateful by our staff will be deleted and constitute grounds for a ban from posting on the site. Please refer to our Terms of Service (revised 3/17/2016) for information on our posting policy.