With a somewhat controversial first draft and witnesses butting heads, the House Communications subcmte hearing on reauthorization of the Satellite Television Extension and Localism Act Wed was anything but a smooth ride. Throw in a bunch of Democrats unhappy with the current language, and it is clear that there is a long road ahead. Read legislators’ comments on topics including JSAs and the Communications Act, as well as opinions from NCTA and TiVo.

More top stories in today’s CableFAX Daily:

The proposed Comcast/Time Warner Cable merger is on track and the companies are still targeting a year-end close, chmn/CEO Rob Marcus said at the Deutsche Bank investors conference Wed. More on the deal here.
More details on CTAM’s initiative to put forth some industry standards related to TV Everywhere, including a potentially new name that could be used to nationally brand all the various network and operator TVE apps. Here’s an update.

The Daily


New Street Drops Altice USA to ‘Neutral’

New Street Research is downgrading Altice USA to “Neutral” after a warning from CEO Dexter Goei that the provider would lose subs in 3Q21. “The stock is too cheap, even with 12-18 months pause in share

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