Comcast/TWC Allows More Investment in Programming, Comcast Says

"Everyone should be able to enjoy this golden era of entertainment, no matter where they live," Comcast Executive Vice President David Cohen wrote in a blog post Tuesday. If approved, a combined Comcast/Time Warner Cable would offer millions of Americans access to "the most robust" VOD platform, with more than 55,000 choices, he wrote. Comcast customers can access 80 live TV channels and more than 22,000 on-demand choices with its Xfinity TV Go app, he said. Comcast's cable division spent almost $10 billion on programming expenses last year, he said. A united Comcast/TWC would allow greater investment in programming and independent networks to "reach millions of households they wouldn’t otherwise," he said. As the parent company of NBCUniversal, Comcast focuses on entertainment and delivering diverse content and theme park attractions, he said. NBCUniversal Cable Entertainment networks will air more than 140 original series in 2015, he said. Comcast will continue to bring the future of TV to consumers and partner with content creators after the TWC transaction closes, Cohen wrote.