Comcast Isn't Complex, It's Ahead of Its Time
Trian Fund Management's new argument regarding the best course of action for Comcast (NASDAQ: CMCSA) makes a fair amount of sense. When the cable giant initiated its acquisition of NBCUniversal back in 2009, the deal was rooted in assumptions that combining a cable distributor and broadband provider with a movie studio and a network television platform would provide more leverage for all four businesses. But, as it turns out, the growth of streaming video democratized a whole swath of the entertainment sector, keeping the growth of Comcast's various operating arms -- and its original vision -- in check. After a decade of disappointment, something needs to give.
The experiment involving combine those different types of entities, however, isn't quite over yet. It's going to take another five years or so for the initial plan to fully play out.
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Source Fool.com
