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25 Nov 2011 11:38

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Biz, U.S.: Off the table (for now): The AT&T merger with T-Mobile

  • what After a long back-and-forth with the government over the implications of the merger, AT&T said Thursday (that’s right, on Thanksgiving!) that they would not pursue FCC approval of a merger with T-Mobile.
  • why It looked very unlikely to get through regulators’ clutches. The merger would have effectively marginalized Sprint in the market, leading the FCC to call a hearing on the merger, and the DOJ to file an antitrust suit.
  • however Both AT&T and T-Mobile have much to lose from the stunted deal — AT&T in penalty fees (reaching into the billions) and lost infrastructure, T-Mobile in declining business. They will probably try again soon. source
Posted by Ernie Smith • 0 Comments • Permalink

18 Feb 2011 12:02

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Biz, Tech: Regulators probe Apple’s new subscription service plans

  • tuesday Apple launches its subscription plan – in which it’ll take a 30 percent cut off of in-app subscriptions. OK for newspapers, awful for online music firms.
  • friday The Department of Justice launches an inquiry into the subscription plan, which suggests that something may be pretty rotten in Denmark. source
Posted by Ernie Smith • 0 Comments • Permalink

18 Jan 2011 22:30

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Biz: Comcast + Hulu – Power to control its investment = Is that enough?

  • problemComcast wants to buy NBC Universal, but has significant reason to competitively damage online streaming site Hulu, which NBC owns a 30 percent stake in. TV fans are worried.
  • solutionThe Department of Justice is forcing Comcast out of Hulu boardroom meetings, meaning they have to allow NBC content on Hulu, but otherwise have no influence on the company. source
  • » Will this be enough? It’s too early to tell, but the Justice Department’s restrictions on Hulu essentially put Comcast in a position of wanting Hulu to succeed, because they won’t be able to sabotage it directly, but their money is still backing it. Comcast’s Executive Vice President David Cohen put it like so: “We continue to have an interest in the growth and advancement of Hulu …and we obviously prefer to maintain our ownership position and our partnership with our content.” Let’s see if this is what actually happens. (thanks popculturebrain)
Posted by Ernie Smith • 0 Comments • Permalink

22 Dec 2010 10:44

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Politics: Dear Nina Totenberg: We shouldn’t have been so quick to judge

  • Jeesh, these folks need a life – and perhaps a touch of the Christmas spirit, as well.
  • Nina Totenberg • Explaining her meaning behind apologizing for calling something a “Christmas party” on PBS the other day. The explanation? She was actually ripping on the Department of Justice for calling the event a “holiday party,” essentially leveling the kind of criticism on them as bloggers leveled on her. Dear Nina: We shouldn’t have been so quick to judge. We’ll hold off until you say something outlandishly bad about Jesse Helms again. (thanks goes to hman‘s awesome tumblr for the link) source
Posted by Ernie Smith • 0 Comments • Permalink
 
 
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