Comcast in 2004
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Eyeing Walt Disney
The Road Ahead
Comcast and Disney had few overlapping assets. While Comcast controlled primarily cable distribution systems, Disney owned broadcast and cable programming and broadcast TV stations, making them both a good fit. Thanks to a Washington Court of Appeals decision in 2002, which lifted a longtime ban against cable companies from owning TV broadcast stations, the new media giant was expected to pass the initial blockades...
Exhibit I: Comcast - Key Financials
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