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Broad Coalition Urges FCC to Block Comcast-NBC Merger

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depakid Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-22-10 05:15 AM
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Broad Coalition Urges FCC to Block Comcast-NBC Merger


A coalition of media companies, unions and nonprofits is urging the Federal Communications Commission to block the merger of Comcast and NBC Universal. The coalition, made up of organizations including media giant Bloomberg, the Writers Guild of America, West and advocacy groups like Free Press and Media Access Project, wrote to FCC Chairman Julius Genachowski on Monday voicing their opposition to the proposed merger of Comcast and NBC-Universal.

Monday is the last day for organizations to submit public comment to the FCC on the proposed merger, which would create a new $30 billion joint venture merging the Philadelphia cable giant's content division with NBC Universal's (NBCU) stable of television networks, film studios and theme parks. Govs. Arnold Schwarzenegger, (R-Calif.), David Paterson, (D-N.Y.) and Ed Rendell (D-Pa.) have expressed support for the merger.

The groups argue the new entity would have unprecedented control over the country's media landscape, raising antitrust concerns. "The proposed merger of Comcast and NBC-Universal is poised to fundamentally alter the landscape of the U.S. media market," the letter states. "We are a group of varied organizations with many specific concerns with this merger, but we have joined together because the threat of this merger to consumers is so great."

"As filed," it goes on, "we oppose this merger."

According to the letter, the new entity created by the merger would include the largest cable company, the largest residential broadband Internet service provider, the owner of one of the four national broadcast networks, several prominent local stations, cable networks and some of the most popular websites.

This would give the company "a degree of market power unrivaled in our nation's media history," the letter claims.

More: http://www.commondreams.org/headline/2010/06/21-6
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