[edit: fri dec 4 10:00pm]
my understanding of the sitch:
ge & comcast own the pipelines of the internet. some of the pipelines of the internet. by pipelines i mean the huge mega infrastructure that is needed for the internet as we know it. its made up of wires or something i think.
whereas nbc is owner of content.
when the owners of the pipelines can also own content, that becomes a problem because then they have a conflict of interest. theres a lot of content that flows thru ge & comcast’s pipelines. if ge & comcast suddenly have this content that they own, they have an incentive to make it so that other content, like abc & cbs content (tv shows, other kinds of programming like news, that are hosted by other programmers) does not get viewed as easily. this is bad news for the consumer, because if indeed ge & comcast act on their incentive to only make their content available thru their pipelines (which is currently illegal. this would be violating the principle of “net neutrality” that my earlier post was about), then we will either have no access to other content, making ge & comcast basically a kind of big brother watching over you and feeding you content/culture, or limited access to content, because they will slow down access to that other content, which also makes them a kind of big brother!
as a consumer, and as an individual who prefers choices, im threatened by the owners of the pipelines taking over content. that would be like the u.s. government only allowing certain cars on their public highways, but if that’s not the car that youre driving, or interested in being in, then it sucks for you because there is no highway neutrality anymore.
look at the picture. does that scare you? ge/comcast taking over nbc is a step in that direction. read the wikipedia entry about net neutrality that ive linked to in the end, if you wanna know more.