Comcast Chases Mouse
Friday, February 13, 2004
The fallout from Janet Jackson's infamous Superbowl fallout has moved to Capitol Hill, where Congress is holding impassioned hearings on new penalties for indecency on the airwaves. But a much more compelling threat to broadcasters might not come from the government at all. This week, cable giant Comcast announced that it's setting its sights on the Walt Disney Co. - owner of ABC and ESPN, among others - and Disney went on the defensive against a hostile takeover bid. Bob talks to George Mannes, senior writer at thestreet.com.