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Consolidation Station: Next Stop - Comcast & Time Warner Merger

by Jordan Reth, Policy Fellow

The proposed deal between Comcast and Time Warner Cable is the latest in a wave of major media mergers drawing public concern and scrutiny from the feds. Deals like AT&T’s reported acquisition of Direct TV for $50 billion and Facebook’s purchase of WhatsApp for $19 billion, along with last year’s Maker Studios buyout by Disney—also near the billion dollar mark—are part of a larger trend of corporate consolidation. The Comcast Time Warner deal itself could be upwards of $45 billionbut is not the biggest deal Time Warner has been a part of. The Time Warner/AOL Online deal in 2000 was the largest merger by value ever announced, coming in at over $186 billion.

Beyond the staggering dollar figures are very real antitrust and public policy concerns. Let’s look at what it means for creators and fans when just a few companies control so much of the media, technology and entertainment universe. 

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Copyright Hearing Recap: Remedies

by Kevin Erickson, Communications Associate.

On July 24, the House Judiciary Subcommitee on Courts, Intellectual Property, and The Internet continued its ongoing review of copyright law with a hearing on the topic of Remedies. US Copyright laws give creators a number of exclusive rights controlling how their works can be used, but when one of those rights are violated, they must have options for recourse. As Rep. Jerrold Nadler (D-NY) noted, the legal maxim goes “there’s no right without a remedy.” That’s what this hearing addressed, and while there was consensus that the current system leaves plenty of room for improvement, a wide range of views were presented on what problems currently exist, and how to solve them. (You can watch the full hearing and read written testimony at the House Judiciary website.)

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Submitted by kevin on August 10, 2014 - 10:20am
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