After a U.S. Appeals Court overturned the FCC's 30 percent ownership ruling, it was only a matter of time before a rumor surfaced that America's two largest cable MSOs (Comcast and Time Warner Cable) would merge. However compelling such a union is, Time Warner Cable's CFO Rob Marcus dismissed the idea that yesterday during the Goldman Sachs Communicopia Conference.
Reports in CED and in MediaWeek revealed that while Marcus had a positive outlook, he cautioned that TWC is not about to go on a shopping spree. "I'm not really sure it's significant," said Marcus in an interview with Mediaweek.com. "The benefits of scale are pretty well known. We're not interested in getting bigger just for the sake of getting bigger."
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- CED has this article