Comcast + NBC Universal merger

Comcast needs to overcome the imminent threats from IPTV based services and services like Hulu, Netflix and iVillage, which deliver content over Internet. With more and more TVs being internet capable the threat of these services eating into the cable business is bigger than before. Comcast also needs to deliver the content to all consumer devices not just to TV.

Will Comcast be able to spread and in turn increase it's revenue stream or will it end up being a miserable merger like AOL and Time Warner? A somewhat optimistic article discusses the merger.