Comcast Corp. (CMCSA) has long been in the media consolidation game. In 2009, the company acquired a 51% stake in NBC/Universal and became the sole owner four years later. Now by taking over Sky Plc (OTCQX:SKYAY), Comcast is strengthening its content distribution capability, while also adding Sky's in-house content productions. Controlling both content creation and distribution, Comcast is assured to carve out a piece of the future landscape for itself. It could even bring the new breed of streaming content onto its pay-TV platform. Holding more media outlets together benefits Comcast financially, while making media consumption more convenient for consumers.

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