Comcast-TWC Merger Bad For Talent, Says WGA: Union Urges FCC To Deny Cable Giant ‘Too Much Power’
Hollywood screenwriters are worried about losing their clout with the cable industry, and now they’re fighting back the best way they know how: with words. In a 90-page filing with the Federal Communications Commission last week, the Writers Guild of America, West (WGAW) came out swinging against one of its longtime foes, Comcast Corporation (NASDAQ:CMCSA), whose proposed acquisition of Time Warner Cable Inc. (NYSE:TWC) would combine the country’s No. 1 and No. 2 cable companies into one massive pay-TV behemoth.