Cable Giants Merger May Be Unstoppable | 101 KXL

Cable Giants Merger May Be Unstoppable

Written by Steve Leader on February 13, 2014
Comcast Time Warner

Oregonians likely won’t have much influence on whether America’s top 2 cable companies, Comcast and Time Warner, merge. Comcast has agreed to buy Time Warner for $45 billion.

Consumer watchdogs are expressing concern the marriage, if okayed  by federal regulators, would further limit competition among cable and internet service providers.

Mary Beth Henry, with the Mount Hood Cable Regulatory Commission, tells KXL News the proposed deal would give Comcast control of over a third of the pay tv market and over half the market in “triple play.”  That’s shorthand for video, voice, and internet.

Henry says deregulation of the cable industry leaves local governments virtually powerless to  keep rate hikes down.  In the case of the proposed Comcast/Time Warner merger, she says communities with Time Warner franchises are the only ones whose voices would carry any weight with regulators.

There are no Time Warner franchises in Oregon, according to Henry.

Photo: courtesy wn.com

Posted Under: Business News, Local Headlines

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