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Why Amazon will Buy Comcast

Why Amazon will Buy Comcast

The concept of world domination used to be relegated to science fiction movies however Amazon may yet become one of the first to make it a reality. Their recent addition of the Streaming Partners program could be the start of Amazon as the world’s first global OTT (over the top) programming provider. With 83.5% of Facebook users and 79% of Twitter users coming from outside the US, companies today must be globally focused to truly compete and grow.   Comcast business is limited to the US.  With cable systems passing about 44% of all US homes and 22 million subscribers it has a strong presence but only in the US. Amazon is a global company; According to Mark Mahaney, analyst at RBC Capital Markets, 37% of its 80 million Prime subscribers are from outside the US and is growing quickly. But Why Should Amazon buy Comcast? Amazon’s foray into OTT is the precursor to the separation of the programming platform from the wired cable.  I believe that sometime in the next 3 to 5 years most cable companies will sell broadband access only and the program offerings will be spun off into separate companies which will have lots of competition…

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