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One sentence and six charts to explain why Comcast is buying Time Warner Cable

February 13, 2014
February 13, 2014

Why is America’s largest cable TV company buying its biggest rival for $44 billion? Well, not to oversimplify things, but that’s easy to explain:

The pay TV industry is in flux

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…as Americans drop their cable TV subscriptions…

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…but pay the same companies for internet service,

Screen Shot 2013-05-22 at 11.11.07 AM

time-warner-cable-residential-customer-additions-000s-video-broadband_chartbuilder (1)

and since Comcast and TWC control different regions,

Comcast and TWC maps

why not add to the industry’s history of consolidation?

screen-shot-2013-12-23-at-12-15-49-pm1

Read next: Ready to break the internet? Netflix’s “House of Cards” premiere is a big test of how video gets to you

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