St. Petersburg, Florida — As one cable deal falls apart, rumors are swirling that another may be in the works.
It all began with the breakdown of the $45 billion merger between Comcast and Time Warner Cable.
And now, it might mean changes for Bright House.
On Friday, Comcast announced its $45.2 billion deal to merge with Time Warner Cable is down the drain after facing increasing pressure from consumers, the Justice Department, and Federal Communication Commission regulators.
"There's kind of a potential domino effect that may happen here," said Robert Trigaux, business columnist at our news partners, Tampa Bay Times
Those dominoes could topple all the way from Washington to the Bay area where midsized cable company Charter Communications said last month it would buy out Bright House Networks to the tune of $10.4 billion.
"All the analysts in the cable TV industry are now saying if Time Warner Cable is no longer going to go to Comcast, they may very well back out of the Bright House deal," Trigaux said, adding there are already reports of Charter starting to talk to Time Warner for a fresh deal.
But if you're wondering what you'll see when you turn on your TV months from now, media expert Justin Brown says it will be much of the same.
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"Just because the name's changed it won't really affect their end product," said Brown, of the University of South Florida.
But until the dust settles, some Bright House customers are say they're appalled at the lack of information coming their way.
"Big businesses just do what they want to do. Forget the little man," said Liz Green.
Bright House declined comment for this article.
