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Take Two

Charter cable to gain millions of subscribers in Comcast deal

SAN RAFAEL, CA - AUGUST 03:  A sign stands in front of a Comcast customer service center on August 3, 2011 in San Rafael, California.  Comcast reported a 16 percent increase in second quarter earnings with profits of $1.02 billion, or 37 cents a share, compared to $884 million, or 31 cents a share, one year ago. (Photo by Justin Sullivan/Getty Images)
A sign stands in front of a Comcast customer service center on August 3, 2011 in San Rafael, California.
(
Justin Sullivan/Getty Images
)

Take Two translates the day’s headlines for Southern California, making sense of the news and cultural events that affect our lives. Produced by Southern California Public Radio and broadcast from October 2012 – June 2021. Hosted by A Martinez.

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Charter cable to gain millions of subscribers in Comcast deal

Comcast and Charter Communications have just penned a $20-billion deal that would swap customers in several markets including Los Angeles. If the deal goes through, current Charter cable subscribers would soon be getting cable services from Comcast.

To break down this complicated deal, we turn the Los Angeles Times' Meg James.