Another year, another massive merger. Recall back in April 2015, when cable/internet behemoth Comcast—also owners of the major content studio NBC-Universal—walked away from its planned acquisition of Time Warner Cable, after folks like Future of Music Coalition pointed out how devastating this deal would be to content creators and Internet users. Well, now another slightly-less-massive cable co., Charter Communications, is attempting to gobble up TWC. If allowed to go through, this deal would create a true Mega Cable conglomerate with the same incentive as Comcast to call the shots on content and innovation while depriving creators and fans of choice in the legitimate digital marketplace.
WASHINGTON, DC— Today, Comcast officially confirmed its decision to walk away from its 45-billion dollar deal to acquire Time Warner Cable. This merger was widely criticized by creators and consumers alike, and had previously been greeted with skepticism by the USDepartment of Justice (DOJ) and Federal Communications Commission (FCC). read more
WASHINGTON, DC— Today, Comcast officially confirmed its decision to walk away from its 45-billion dollar deal to acquire Time Warner Cable. This merger was widely criticized by creators and consumers alike, and had previously been greeted with skepticism by the US Department of Justice (DOJ) and Federal Communications Commission (FCC). read more
[UPDATE: Numerous media outlets—including the New York Times—are now reporting that Comcast is walking away from its 45 billion dollar plan to acquire Time Warner Cable.]
Cable giant Comcast seemingly has it all: ownership of a major content studio (NBC Universal), the biggest slice of the cable and broadband market and an army of lobbyists and lawyers ready to press their advantage at the state and federal level.
But sometimes even MegaComcast has a bad week. read more
You may already know that FMC is against the proposed merger between massive Internet/cable provider/NBC-Universal owner Comcast and the slightly less massive Time Warner Cable. Back in August of 2014, FMC and Writers Guild of America West (WGAW)—the folks who write the movies and TV shows you know and love—filed a “joint petition to deny” with the Federal Communications Commission (FCC), urging them to block the deal.
Well, the list of folks against the merger just got bigger. Today, saw the launch of the Stop Mega Comcast Coalition, which includes FMC and WGAW, along with a diverse array of other groups who don’t want to see Comcast become even more powerful.
On August 25, 2014, Writers Guild of America, West (WGAW) and Future of Music Coalition (FMC) submitted formal opposition to the proposed Comcast-Time Warner Cable merger, petitioning the Federal Communications Commission to deny the transaction. In 2010, both WGAW and FMC raised concerns about the vertical integration between Comcast and NBC Universal. Both organizations urged the FCC to adopt strong conditions to protect content creators, consumers and competition. But, in the three years following the merger, Comcast has used its market power to harm content competitors on both traditional and online content platforms.
The proposed deal between Comcast and Time Warner Cable is the latest in a wave of major media mergersdrawing 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’sMaker 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 billion, but 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.
Post by Policy Intern Juan Carlos Melendez-Torres and Casey Rae
T-Mobile markets itself as a great liberator within the mobile phone industry through its “UnCarrier” initiatives. But is the company really all that different from other powerful carriers and Internet Service Providers?
On June 18, T-Mobile announced UnCarrier 6.0, which includes new “partnerships” with streaming services such as Pandora, Spotify, iTunes Radio, iHeartRadio, Slacker, Rhapsody and Milk Music. Under the UnCarrier 6.0 provisions, T-Mobile will not count music streamed on the aforementioned services against their subscribers’ data caps. Using any other online music service—say, Bandcamp or Noisetrade—will result in slowed speeds and potentially, overages.
High costs, crappy customer service and speeds well below what’s advertised. How much do you love your Internet Service Provider (ISP)? If you have Comcast or Time Warner Cable, chances are not a lot. These two cable behemoths consistently come in at the top of “worst companies ever” lists, and we’re sure plenty of musicians can count themselves among the frustrated. Now these two companies wanna get married. But will the government allow it?
That’s something that Washington, DC is grappling with as we speak. On one side of the debate you’ve got well-heeled corporate lobbyists working on behalf of ISPs keen to make more money from controlling even more of the broadband marketplace. On the other, you’ve got regular Internet users, consumer groups and creative entrepreneurs who are tired of being promised one thing and paying out the nose for another.
Music fans were treated to a Valentine’s surprise last week when hip-hop pioneers De La Souloffered up their acclaimed back catalog for free download through their official website. Pretty awesome for fans and newcomers alike. Still, this giveaway comes with a complicated backstory, one marked by deep frustration with the state of sample clearances. In particular, De La Soul are emblematic of challenges facing artists in an environment of corporate mergers and major label ownership. read more