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Podcasts Take Two
Charter cable to gain millions of subscribers in Comcast deal
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Apr 28, 2014
Listen • 4:41
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.
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.
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Justin Sullivan/Getty Images
)

Comcast and Charter Communications have just penned a $20-billion deal that would swap customers in several markets including Los Angeles.

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.