Demise Of Comcast-Time Warner Cable Deal Has Little To Do With Cable TV

It appearsyesterday’s reports of the Comcast-Time Warner deal’s demise were not greatly exaggerated: the $45 billion mega-merger has officially been abandoned.

“Today, we move on,” said Comcast chief Brian L. Roberts, in a statement. “Of course, we would have liked to bring our great products to new cities,but we structured this deal so that if the government didn’t agree, we could walk away.”

Representatives from both sidesdid not respond to further requests for comment, but after a year of...