Saturday, December 25, 2010

FCC Chair Seeks Comcast-NBC Merger Conditions

Anarki2004 writes with this excerpt from an Associated Press report: "The head of the Federal Communications Commission is proposing regulatory conditions to ensure that cable TV giant Comcast Corp. cannot stifle competition in the video market once it takes control of NBC Universal. The conditions laid out Thursday by FCC Chairman Julius Genachowski are intended to guarantee that satellite providers and other rival television services can still carry marquee NBC programming and that new Internet video distributors can get the content they need to grow and compete. ... Genachowski wants to ensure that Comcast won't be able to use its control over NBC's vast media empire to withhold content from emerging online competitors such as Netflix Inc., Amazon.com Inc. and Apple Inc. — locking consumers into costly monthly cable bills to get access to a wide range of popular programming. Genachowski now needs at least two of the other four FCC commissioners to back his proposal, and he is likely to make modifications to win the support he needs to cap off the yearlong regulatory review."

Read more of this story at Slashdot.




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