×
You will be redirected back to your article in seconds

First Comcast-TW Cable Showdown with Feds Set for March 26

The Senate Judiciary Committee has scheduled what is likely to be the first public forum for scrutinizing the details of Comcast’s proposed $45.2 billion acquisition of Time Warner Cable.

Judiciary Committee chair Sen. Patrick Leahy (D-Vt.) announced the scheduling of the March 26 session, which will be webcast. The Comcast-TW Cable deal is coming in for approval by federal regulators just as questions about net neutrality and other broadband access issues are front and center for Congress and the FCC.

“Millions of Americans rely on cable connectivity to receive the programs they love and to access the Internet at the fast speed needed as we conduct more of our lives online,” Leahy said. “The merger of Comcast and Time Warner Cable touches on important policy questions about how Americans access these valuable services.  It also presents a critical moment to discuss net neutrality principles that have allowed the Internet to remain an open marketplace for ideas.”

Sen. Amy Klobuchar (D-Minn.), chair of the Antitrust, Competition Policy and Consumer Rights subcommittee, vowed to “carefully scrutinize” the implications of the nation’s two largest cable operators joining forces.

“Consumers deserve fair prices and high-quality service for their TV and Internet access,” she noted.

Minnesota’s other senator, Democrat Al Franken, has been vocal about his concern that the deal would give Comcast too much market power over broadband rates and Internet access.

There was no word yet on witnesses set to appear at the hearing.

More Biz

  • Orlando Bloom

    Orlando Bloom Sets First-Look Deal With Amazon

    “Carnival Row” star Orlando Blook has inked a first-look deal with Amazon, Variety has learned. Under the deal, Bloom will develop television and film projects for Prime Video. Bloom currently stars on Amazon’s “Carnival Row” alongside Cara Delevigne. The series premiered back in August and was renewed for a second season ahead of the series premiere. The [...]

  • Grammy Awards 60th Annual Grammy Awards,

    Recording Academy Reveals Its Diversity Task Force Report, With Strong Calls for Reform

    Anyone wondering what the Recording Academy’s Task Force on Diversity and Inclusion has been doing for the past 18 months got their answer this morning in the form of the organization’s strongly worded, 47-page-long Final Report, which is now available on the Academy’s website. As its name states, the Task Force, helmed by former first [...]

  • Jenna Coleman The Cry

    Great Point Media Teams With MC Credit Partners on New Film and TV Finance Initiative

    Britain’s Great Point Media is partnering with U.S.-based institutional investor MC Credit Partners on a finance initiative to fund new film and TV projects. London-based Great Point has committed $80 million to the initiative, and MCCP will invest up to $100 million from the funds under its management. The first films and TV shows to [...]

  • Hipgnosis Songs Acquires Catalog From Jack

    Hipgnosis Songs Acquires Catalog From Taylor Swift, Lana Del Rey Cowriter Jack Antonoff

    Hipgnosis Songs has acquired its fourth music catalog of the month, this one from prolific songwriter, producer and artist Jack Antonoff. He is frontman of Bleachers, a founding member of Fun. and has collaborated extensively with Taylor Swift, Lana Del Ray, Lorde, Pink, St Vincent and many others. While terms of the deal were not [...]

  • Harvey Weinstein arrives in court, in

    Time's Up Criticizes 'Flawed' Weinstein Settlement

    Time’s Up issued a statement on Wednesday criticizing the proposed settlement in the Harvey Weinstein civil cases, saying they are the product of a “broken system.” Weinstein has reached a tentative $25 million deal with most of his accusers, including the plaintiffs in a class action suit. The women with the most serious claims would [...]

  • Boris Epshteyn

    Sinclair Drops Political Commentary Segments From Boris Epshteyn, Ameshia Cross

    Sinclair Broadcast Group has decided to scrap the political commentary segments that have aired across its vast station group since 2017. Boris Epshteyn, former Trump campaign official turned chief political analyst for Sinclair, has been delivering commentary segments that were mandated to run adjacent to local newscasts on all Sinclair stations since the spring of [...]

  • Harvey Weinstein arrives at New York

    Harvey Weinstein Close to $25 Million Civil Settlement With Accusers

    Harvey Weinstein is close to a $25 million settlement that would resolve most of the civil litigation against him, including a broad class action case accusing him and his board of directors of a systemic pattern of sexual misconduct. The general terms of the agreement have been in place for several months, though it has [...]

More From Our Brands

Access exclusive content