I’ve long said that there’s only one thing holding me back from tossing my cable box in favor of getting all my TV online: live sports.

In particular, I’d really miss ESPN, the legendary all-sports cable and satellite network that keeps me company at lunchtime, gets me all prepped for the NFL on Sunday, and serves up more live tennis that you could swing a racket at. Read the full story

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