On Monday night, French media giant Vivendi and NBC parent company General Electric agreed to terms that clear the way for US cable giant Comcast to take a controlling stake in NBC Universal. An announcement from Comcast is expected within days. The proposed merger would create a media behemoth, and clear the way for an unprecedented era of media consolidation across cable, the Internet and broadcast television.

Be afraid. Comcast is both the largest cable company and the largest residential broadband provider in the United States: a $34-billion business with 24 million subscribers, reaching nearly one out of every four homes in the country. NBCU owns NBC, MSNBC, CNBC, Universal Studios, 27 television stations, and a host of other properties. Read the full story

Though journalists, international affairs professionals, travel lovers, and international businessmen are already well aware that Brazil is the country to watch, there are still many gringos who aren’t tuned in to Brazil’s ascent or don’t quite understand the country’s importance. This list is for those gringos.

10. Rio de Janeiro, Brazil’s cultural capital (but not the national capital – that’s Brasília) is an excellent urban case study when learning about the developing world. It shares certain characteristics with other developing cities that provides many important lessons and a useful perspective on urban conflicts, like inequality, violent crime, and drug trafficking, as well as positive changes like a growing middle class, increased purchasing power of the average consumer and social movements. Read the full story