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

  • Zachary M. Seward
By Zachary M. Seward

Editor-in-chief of Quartz

Published Last updated This article is more than 2 years old.

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

…as Americans drop their cable TV subscriptions…

…but pay the same companies for internet service,

and since Comcast and TWC control different regions,

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

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