CUT-THE-CABLE.COM

August 30, 2010

Comcast/NBCU Merger Under DOJ Microscope

The Department of Justice is examining how the proposed $13.75 BILLION deal of Comcast acquiring NBC Universal from General Electric might adversely affect the blossoming Internet video market.  There are fears that the new Comcast could potentially stunt the Internet video industry’s growth.  The agency’s antitrust division is looking into whether or not Comcast could [...]

The Department of Justice is examining how the proposed $13.75 BILLION deal of Comcast acquiring NBC Universal from General Electric might adversely affect the blossoming Internet video market.  There are fears that the new Comcast could potentially stunt the Internet video industry’s growth.  The agency’s antitrust division is looking into whether or not Comcast could potentially control distribution rights to significant amounts of television programming on the Internet, which would effectively block potential competition.

Companies like Netflix and others are providing access to television programming and movies over the Internet which is encroaching on the traditional market of cable and satellite companies, which in turn are trying to fend off the competition by creating Internet-based distribution methods of their own.  Current regulations require cable companies that own content (like Comcast) to make that programming available on reasonable terms to rivals.

DISH and DirecTV have added their 2-cents into the discussion by requesting that those regulations be extended to any Comcast/NBCU content that’s delivered over the Net.  [Hmmm, do you think they fear that Comcast will be looking to make some content EXCLUSIVE to Internet distribution to bypass existing regulations?]

They are also looking closely at Comcast’s efforts to give its cable customers online access to some TV content that isn’t widely available online now, and how that might affect access to those programs by other Internet providers. That might result in fewer competitors over time so that consumers would end up paying more for video in general.  [LOL,,,if WALMART can do it and get away with it, why not COMCAST?]

“The success of the online-video-business model depends critically on access to online content, and strict conditions on the transaction would be necessary to thwart” any attempts by Comcast-NBCU to block access, Dish wrote in a complaint to the FCC detailing its support for broadening the existing regulations.

Comcast’s response to the complaint: “Online video is not a substitute” for multichannel video programming.  “In addition, several impediments – technological, pricing related, and rights related – make it highly unlikely that online video will become a substitute” for such service “in the foreseeable future.” [...so let us just SQUASH it before it does and we'll be doing you a favor too]

Although the transaction is expected to be approved late this year or early in 2011, the government does have some leverage and it could impose conditions particularly because of the FCCs involvement which has broader authority to act to stop anything that it deems to be against the public interest.Regardless of the outcome of this deal, the DOJ & FCC will most likely continue to investigate whether cable operators are acting to thwart emerging competition from the Web. If so, they could file a suit under the Sherman Antitrust Act for anti-competitive behavior.  [...in which case they will pay what seem to be a hefty fine but will only amount to a drop in the bucket compared to the stolen revenues and lost opportunity cost for Internet Video companies that could have been great if only they had a fighting chance]

June 15, 2010

Comcast Accused of Attempted Bribe

Read this story re-printed from BLODIC.US Congresswoman Suggests That Comcast Tried To Bribe Her To Support Merger 6/9/10 – With plenty of scrutiny still facing the proposed merger between NBC and Comcast.  Representative Maxine Waters strongly suggested that someone from the company tried to bribe her to get her to support the merger: During a House [...]

Read this story re-printed from BLODIC.US

Maxine Waters

Congresswoman Suggests That Comcast Tried To Bribe Her To Support Merger
6/9/10 – With plenty of scrutiny still facing the proposed merger between NBC and ComcastRepresentative Maxine Waters strongly suggested that someone from the company tried to bribe her to get her to support the merger:

During a House Judiciary Committee that took place in L.A. on Monday, Representative Maxine Waters stated that she had received a call from “somebody at Comcast” asking, ‘What do you want?’”

Waters, who has been grilling the cable giant on issues of ethnic diversity, claims she replied by explaining the need for greater diversity in media. However, Waters says the Comcast caller responded by saying, “I’m talking about what do you want?”

Comcast, not surprisingly, denies any suggested wrongdoing:


Any implication that anyone ever inquired about what Congresswoman Waters would want personally is completely untrue. We meet and discuss the proposed joint venture with many members of Congress and other leaders. We have repeatedly tried to understand Congresswoman Waters’ concerns so that we can address them.

[It sounds to me like her concern is that you INSULTED HER INTEGRITY.  Maybe a few more ZEROS will help fix the situation]

June 4, 2010

Comcast’s COO Steve Burke Speaks Once Again

On June 2nd, 2010 Comcast COO Steve Burke was let out of his cage and allowed to speak at the“All Things Digital Conference”. I love it when Comcast lets Steve speak in public. He is like the Joe Biden of corporate America…you never know what he is going to say but you can always be [...]

On June 2nd, 2010 Comcast COO Steve Burke was let out of his cage and allowed to speak at the“All Things Digital Conference”. I love it when Comcast lets Steve speak in public. He is like the Joe Biden of corporate America…you never know what he is going to say but you can always be sure that it will be very “telling”.

This is a Big F#$%ing Deal, Right Pres?

His first comments have to do with the proposed Comcast/NBC Universal merger. He says that Comcast isn’t looking to get rid of NBC Universal’s movie studios or theme parks, saying that all of its parts are part of a good media company. [Translation: "Look out NBCU employees, sell-offs and layoffs are on the way"]

“Our modus operandi is not to sell things,” Burke said noting that all of NBC Universal’s many businesses make it “well-rounded.” [Translation: ”A Theme Park? What were they thinking? I'll bet we can get a few bucks from Six Flags for that dog”]

However, while he said that content and distribution can make for a good marriage, he said that is only the case if they are actively brought together well. “They don’t work together unless you make them work together,” he said. [Translation: “This whole merger thing is all about Price Fixing folks so get ready to see your cable bill go even higher as we rake in the profits”]

As for the company’s traditional distribution business over cable, Burke said he is not worried that Americans will choose to give up subscription television in favor of Hulu and other alternatives.

“There’s very little evidence people are giving up their subscription television,” he said. “All these other things are complementary.” [Translation: “We've paid Millions to marketing gurus to come up with package deals that insure our customers wont dump cable TV in favor if Internet programming. And if they try to, our Internet Management team will will send out RESET packets to cut off their connections to HULU and other content sites.  That's just what we did with that BitTorrent traffic and the FCC couldn't do anything about it. This is what Comcast calls Responsible Network Management.”]

One of the audience members [a Comcast shill] asked about the company’s efforts to police its high-speed Internet use.

“It’s very important to us that we provide really reliable, very fast Internet service,” he said. “We believe in an open Internet…That having been said, you need to make sure that the network is run efficiently and well.” [Translation: “We could give a RATS ASS about an open Internet and if you read our customer Terms & Conditions you will see that we can block & filter traffic all day long (just because we can) and you don't have a thing to say about it.”]

Protecting privacy and copyright, he said, are also important aims,” he said. “It’s very, very complicated. You walk this fine line trying to make sure the highway is not jammed with cars.” [Translation: “We OWN the highway Bee-otch, and we own the Tow Trucks that will clear away any traffic that is not generating revenue for Comcast.”]

Another questioner pointedly told Burke that a lot of his customers hated the company because of its service.

“You don’t get it right all the time,” he said, but said the company has spent hundreds of millions on both its system and customer service.

“We are clearly getting better,” he said. “It’s a competitive world. If you don’t take care of your customers, they will go somewhere else.” [Translation: “Clearly, we couldn't care less because in most markets we are the only option available, and where there IS 'so-called' competition you will find very little difference in the pricing or service offerings. So as you can see, the whole playing field is rigged tighter than a crooked casino. The dice are loaded. We've sliced up the whole U.S. map and negotiated territories with the other cable giants just like a scene out of 'The Godfather' and I'm Don frigin' Corleone! You need your ShowTime Crack and HBO heroine and between all of the Good Old Boys that are in the business of supplying you with your drug of choice, we'll make sure that you pay the price. Customer Service! Ha! Real customer service is an unnecessary expense that eats into our bottom line so don't hold your breath.”]

Yeah, we get it Steve. DAMN YOU'RE SMOOTH!

Powered by WordPress