Comcast/Time Warner Merger Hearings

Funafuti

DTVUSA Member
#1
The congressional hearings regarding the proposed merger of Comacast and Time Warner are scheduled to begin on Wednesday, and I was wondering what people thought of the chances of the merger getting approved? I was dubious at first, but now I'm wondering if it might go through after all. There was a pretty good analysis of the issues involved in the New York Times today: http://www.nytimes.com/2014/04/07/business/media/questions-for-comcast-as-it-looks-to-grow.html?_r=0

Interesting that, although this would give one company control over 19 of the country's top 20 markets, it wouldn't actually eliminate competition in any of those markets (Comcast and Time Warner do not share any territory). As the article points out, Comcast's ownership of NBC could be what pushes this proposed mega-company dangerously close to monopoly status. We shall see.
 

MrPogi

Moderator, , Webmaster of Cache Free TV
Staff member
#2

Funafuti

DTVUSA Member
#3

Funafuti

DTVUSA Member
#4
Apparently some on the Senate panel were skeptical of the merger, with Al Frankin being the only one who came right out and said it should be blocked. In reading the New York Times' account of the hearing, it seems questioning touched on many different aspects of the cable and internet industry. Then, the final paragraph...

Senator Lindsey Graham, a South Carolina Republican, expressed a more parochial concern, namely that his DirecTV satellite television service does not work well when the weather is bad.
Thanks for that, Senator.

Full article: http://www.nytimes.com/2014/04/10/b...on=Footer&module=MoreInSection&pgtype=article
 

Funafuti

DTVUSA Member
#6
Wow, that was quite a greatest-hits collection of interesting characters from South Carolina. I have a couple of friends there, and Charleston seemed like a nice place when I visited, but.... yeah, it comes across badly in many ways.
 

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