The FCC released its order Mon re-establishing a 30% horizontal cap on cable ownership. The Commission actually suggested 28% was more appropriate, but opted to round up to 30%, saying “this small upward adjustment is unlikely to cause harm.” Comcast evp David Cohen said the MSO plans to challenge the FCC order in the courts. “The FCC action in this case is perplexing from the same Commission that approved the largest telecommunications deal in history with the AT&T merger, as well as two other Bell Company mega-mergers in the past 3 years,” Cohen said. “As these FCC decisions have strengthened the hands of our Bell competitors, it is unthinkable that the government would constrain the ability of cable companies like Comcast to compete with these colossal companies that have virtually unlimited financial resources.” NCTA pointed to the US Court of Appeals rejecting the 30% cap in ’01. “We are confident that a court will again reject conclusions that are completely at odds with the realities of a dynamic and competitive marketplace that is providing greater consumer choice and value,” an NCTA spokesman said.

The Daily

Subscribe

Last Stop: C-SPAN Retires Iconic Bus

After 26 years on the road, the C-SPAN Bus is staying parked for good with the road show moving online.

Read the Full Issue
The Skinny is delivered on Tuesday and focuses on the cable profession. You'll stay in the know on the headlines, topics and special issues you value most. Sign Up

Calendar

Jun 10
The FAXIES Awards – Virtual CelebrationSave the Date! - June 10, 2021
Jul 16
Diversity List – 2021 Nominations Due: July 16, 2021
Sep 10
Most Powerful Women – 2021 Nominations Due: Sept 10, 2021
Dec 7
Most Powerful Women CelebrationSave the Date!
Full Calendar

Jobs

Seeking an INDUSTRY JOB?
VIEW JOBS

Hiring? In conjunction with our sister brand, Cynopsis, we are offering hiring managers a deep pool of media-savvy, skilled candidates at a range of experience levels and sectors, The result will be an even more robust industry job board, to help both employers and job seekers.

Contact John@cynopsis.com for more information.