Finally, the Comcast-NBC deal is going to the see the light of day, as one of the biggest providers of cable TV and broadband internet connections prepares to buy a 51% stake of NBC Universal for $13.75 billion, that would provide Comcast with a substantial control over the workings and assets of NBC, it satellite channels and one of the biggest movie studios.

However, there have been growing concerns in the markets, in regards to the new deal, fearing that Comcast will wield incredible powers after becoming the major stakeholder in the company Comacast’s new position in NBC Universal could mean that, the cable TV might try to bridge the gap between television and cinema, by bringing big movie titles straight from the movie halls to the televisions across the United States faster than before. Furthermore, with the company’s high speed broadband internet, Comcast could also improve its services on the mobile devices as well.

Comcast is by far the default cable TV provider for a more than a quarter of all U.S cable TV subscribers and with its majority in NBC Universal, Comcast will also inherit NBC’s numerous satellite channels such as the Spanish channel, Telemundo and other English language channels like USA, Bravo, Syfy and The Weather Channel. As the deal comes to final closure, Comcast has also announced a dividend for its shareholders and the stocks of the company saw a 6.4% rise in its shares, with each share being valued at $15.90 per share.

Via Associated Press