As Ars readers know, one of the nation's biggest ISPs recently acquired one of the country's biggest TV networks. The union of Comcast and NBC Universal isn't as dark and dire a prospect as its loudest critics proclaimed. As Congress and the FCC pondered the marriage, the economist Thomas Hazlett noted that the combination would only represent around 12 percent of total cable network revenues.
"This will yield some economies of scale, or so Comcast hopes, but it hardly moves the needle in terms of the concentration of the industry," Hazlett observed.
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Read the rest of Ars Technica: The four enemies of indie Internet TV
© Al Franken - U.S. Senator, Minnesota, 2011. |
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Published on April 11, 2011 14:51