Media consolidation might be the most dangerous of all. Comcast is raising hell over the fact that one of my favorite services Netflix is allowed to stream media for as cheap as it does.
From Huffington:
"The conditions laid out Thursday by FCC Chairman Julius Genachowski are intended to guarantee that satellite providers and other rival television services can still carry marquee NBC programming and that new Internet video distributors can get the content they need to grow and compete.
Comcast's takeover of NBC Universal could have profound consequences for the nascent market for Internet video – a market that could eat into Comcast's core cable TV business if enough consumers drop their cable subscriptions in favor of low-cost alternatives online.
Genachowski wants to ensure that Comcast won't be able to use its control over NBC's vast media empire to withhold content from emerging online competitors such as Netflix Inc., Amazon.com Inc. and Apple Inc. – locking consumers into costly monthly cable bills to get access to a wide range of popular programming.
Genachowski now needs at least two of the other four FCC commissioners to back his proposal, and he is likely to make modifications to win the support he needs to cap off the yearlong regulatory review.
The FCC is expected to approve the deal, with conditions, early next year."
So I bring you a "mediaopoly"
Mediaopoly
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