Big Media story

By Benton on 9:04 AM
Morning y'all. I know I have been shamelessly plugging JBJ Sports forever, but Jesse and I, along with a friend of mine from WSU (I know, I know), are really ratcheting it up right now, exponentially increasing content. So, if you like sports and want a catchall place to read about them, check it out. And PLEASE follow us on Twitter.

Alright, speaking of media, there was a huge acquisition over the last couple of days that could do some landscape shaping in the near future. After nearly nine months of negotiations, Comcast has agreed to buy NBC from General Electric. This one blows the windows off.

It is actually the start of a joint venture, with Comcast owning 51 percent and GE owning 49 percent. You're confused? GE owned what? You're right, weird that General Electric would own a major television organization, but that is where my favorite website comes in. I knew the Columbia Journalism Review was good at something (maybe some sarcasm there). Anyway, the CJR has a site called "Who Owns What". You want to know who owns media dynasties, it's there. Just check out News Corp. Rupert Mordoch is a bad rich man.

For now it doesn't look like much is going to change at NBC, as it will keep its name and CEO. That will eventually changed, as Comcast even wants to change the name. Would be interesting to see such a major network change. However, if they could send Keith Olbermann back to SportsCenter, that would be awesome (anything to get him off the news). Yes, I said it. Keith Olbermann is as bad as reporting the "news" as Glenn Beck. BAM. How about THAT!

Anyway, speaking of Mr. Olbermann, and sports as it were, this deal may actually be felt more in the sports world than anywhere else. Comcast has been trying to for years to break into both ESPN and Fox's dominance (mostly the Worldwide Leader), but that is tough to do when you're just not very good at covering sports. You know who is? NBC Sports.

The New York Times reports.

Remember what is carried exclusively on NBC: the Olympics. However, as the story details, that alone is not going to make this deal worthwhile. Wait two years and see. If by then Comcast hasn't really established itself in cable sports, it probably never will. But this is definitely the biggest challenge to ESPN that we've seen.

Man, I'm a nerd.

Some links:

I didn't read this whole story But in the first line it says: "President Barack Obama's speech on Tuesday night deserved to be cheered." It was written by Karl Rove. It's got to be a good read.

Maybe we should let the people who know what they're talking about lead on global warming?

Or maybe a series of emails has completely disproved the whole thing. This is ridiculous by the way. It's like some scientist hit send on an email, a rude one to be sure, and all-of-the-sudden we stopped making the earth warmer. I wish life was that easy...Really though, every leading scientist has said that while this is a situation that should be reviewed, it hasn't changed anything: global warming still exists and we're still causing it. Damn, too be James Inhofe, the issue is not gone and done.

Is this Barack Obama's Winston Churchill moment? Eh, wasn't it Churchill that said something like, "the Americans always find the right answer. They just exhaust ever other possibility first."

Norm Coleman is back in Minnesota. Dude, you lost to a comedian in a state that elected a professional wrestler. You do real politics so, give it up. Get on Michelle Bauchmann's craziness level and we'll talk.

And I'm posting a clip from Tuesday's Daily Show about the whole stolen emails thing. It sounds bad at first, but really he is just making fun of some really bad missteps:

The Daily Show With Jon StewartMon - Thurs 11p / 10c
Scientists Hide Global Warming Data
www.thedailyshow.com
Daily Show
Full Episodes
Political HumorHealth Care Crisis

Whew, that was a good post. I'm out. P.S.: Sorry grandpa, but GO BEAVERS!

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