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

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?

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