Connect with us

Hi, what are you looking for?

Jewish Business News

Business

Congress Conditions Comcast Time Warner Deal on Boosting Latino Channels

House Judiciary Committee Holds Hearing On Proposed Merger Of Comcast And Time Warner

Rep. Tony Cardenas (D-Calif.) and 52 other House members expect Comcast to commit to carrying Latino-focused channels as the cable behemoth is asking lawmakers’ permission to buy Time Warner Cable, variety reports.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at [email protected].
Thank you.

In a letter to Comcast CEO Brian Roberts and Time Warner Cable CEO Rob Marcus, the lawmakers suggest the new company will reach at least 90% of Latino households in the U.S.

“Unfortunately, independent Latino program providers operate on an uneven playing field that threatens to limit the Latino community’s access to their important perspectives, ” the letter states. “For years, the nation’s largest mainstream program providers have continued to attract available channel capacity and fees from cable and satellite providers while independent program providers struggle to gain access to channels, let alone fees, for their program offerings.”

The lawmakers expect Comcast and TW Cable to make a “formal commitment” to carrying independent Latino channels, and to guarantee those channels won’t be forced to operate on an “uneven playing field.”

Comcast’s executive vice president David L. Cohen responded by defending his company’s menu of Latino content. He wrote the lawmakers that comcast’s record was “best in class in the industry.”

The DOJ and the FCC are reviewing the proposed transaction, and Comcast is likely to face additional demands for various commitments from both.

“Through the transaction with Time Warner Cable, we are committed to bringing high-quality Hispanic content to millions of additional Americas, ” Cohen wrote. “My only caveat is that the importance of independent and Hispanic programming, which we are excelling at delivering, should not be confused by parochial business interests seeking more money and distribution for themselves.”

When Comcast acquired a controlling stake in NBCUniversal in 2011, it committed to adding 10 new independent channels by 2019.

Cohen noted: “Since 2011, Comcast has expanded the total distribution of seven Hispanic programming networks by more than 14 million subscribers. This exceeds by more than 40 percent our commitment in the NBCUniversal transaction to expand three Hispanic networks by 10 million subscribers.”

Rep. Cardenas’ letter cautioned that “for most of the Latinos in our nation, merger between Comcast and Time Warner Cable would mean one company controlling their window to the world of culture and entertainment.”

Newsletter



Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Life-Style Health

Medint’s medical researchers provide data-driven insights to help patients make decisions; It is affordable- hundreds rather than thousands of dollars

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

Travel

After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...