Cable execs fear higher content prices

Oct 20, 2005

Cable-television providers are urging Congress to protect their access to popular programming at fair prices.

Testimony at Wednesday's Senate Judiciary subcommittee hearings proposed regulations on "must have" programming so that new cable providers will be able to enter the market and maintain a level of competition.

Peter Aquino, president of cable and broadband provider RCN, testified that mergers in the cable industry had placed increasing levels of content in the hands of fewer companies, many of which run their own cable operations.

"Roughly 32 percent of our programming dollars currently go to programmers affiliated with Comcast and Time Warner," Aquino testified. "As their control over 'must have' sports and other programming grows, so too does their ability to raise rates to the point that competitors are simply driven out of the market."

Aquino called on lawmakers to seek an FCC investigation into content rates and remind regulators to keep the price of content in mind when considering future merger proposals.

Copyright 2005 by United Press International

Explore further: Transmedia storytelling with apps could expand but also exploit children's stories

add to favorites email to friend print save as pdf

Related Stories

Jumping into streaming TV

Sep 01, 2014

More TV viewers are picking up so-called streaming media boxes in the hope of fulfilling a simple wish: Let me watch what I want when I want.

Godzilla stomps back in ultra HD, wires intact

Aug 27, 2014

At a humble Tokyo laboratory, Godzilla, including the 1954 black-and-white original, is stomping back with a digital makeover that delivers four times the image quality of high definition.

FX says overnight ratings becoming meaningless

Jul 24, 2014

(AP)—It's a rite nearly as old as television: the morning after a new show premieres, network executives wait impatiently for the Nielsen company's estimate of how many people watched, and rush to report ...

Recommended for you

The oscillator that could makeover the mechanical watch

5 minutes ago

For the first time in 200 years the heart of the mechanical watch has been reinvented, thereby improving precision and autonomy while making the watch completely silent. EPFL researchers have developed an ...

Who drives Alibaba's Taobao traffic—buyers or sellers?

45 minutes ago

As Chinese e-commerce firm Alibaba prepares for what could be the biggest IPO in history, University of Michigan professor Puneet Manchanda dug into its Taobao website data to help solve a lingering chicken-and-egg question.

User comments : 0