The collapse of the
Chris Keyser, president of the union representing move and TV writers in Los Angeles, said he welcomed Comcast Corp.'s decision to pull the plug on its planned $45-billion purchase of Time Warner Cable.
"We share with our allied organizations the satisfaction of knowing that this merger has been stopped and that both the public interest and writers' interests have been protected," Keyser said in a statement.
The union, long a fierce opponent of media consolidation, was among a coalition of groups that had urged federal regulators to block the deal on the grounds that it would lead to fewer choices for consumers and posed a threat to writers and other content creators.
At a panel in February, Keyser raised concerns that Comcast would wring savings from its operations after the merger by paying lower rates to cable companies, potentially threatening the new "golden age of programming."
Additionally, he said, Comcast would control half of the nation's high-speed broadband market, allowing it to extract higher delivery fees from Netflix, Amazon and other new media outlets, diminishing investment in new jobs at a time when Web productions are booming, he said.
The Philadelphia-based company had disputed those claims.
“Since the Comcast-Time Warner Cable merger was announced 14 months ago, the