Comcast Drops Bid to Merge with Time Warner Cable

LOS ANGELES -- The Writers Guild of America West President Chris Keyser has issued the following statement regarding Comcast's announcement that it will drop its merger plans with Time Warner Cable:

"Since the Comcast-Time Warner Cable merger was announced 14 months ago, the WGAW has maintained that it should not be approved because of the irreparable harm it would cause to competition, consumers and content creators. In recent weeks it became clear that regulators had similar concerns. We share with our allied organizations the satisfaction of knowing that this merger has been stopped and that both the public interest and writers' interests have been protected."

The Writers Guild of America West (WGAW) is a labor union representing writers of motion pictures, television, radio, and Internet programming, including news and documentaries. Founded in 1933, the Guild negotiates and administers contracts that protect the creative and economic rights of its members. It is involved in a wide range of programs that advance the interests of writers, and is active in public policy and legislative matters on the local, national, and international levels. For more information on the WGAW, please visit: www.wga.org.