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A Brief History of Media Merger Hysteria

2014
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Release : 2014
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Book Synopsis A Brief History of Media Merger Hysteria by : Adam D. Thierer

Download or read book A Brief History of Media Merger Hysteria written by Adam D. Thierer. This book was released on 2014. Available in PDF, EPUB and Kindle. Book excerpt: The effects of mergers on the media marketplace have historically failed to live up to dire predictions. Mergers are often a response to technological upheaval and turbulence in the media industry and firms should be allowed to experiment with such alternative business models with the intent on keeping the companies financially viable.Recent examples of prominent media mergers that failed to create the predicted consumer catastrophe that critics predicted include AOL/Time Warner, News Corp/Direct TV, Sirius-XM, and Rupert Murdoch's purchase of The Wall Street Journal. Instead of being detrimental to the media landscape as some regulators and interest groups forecasted, the deals illustrate why such panic is unwarranted, and why a deal between Comcast and NBC Universal is unlikely to lead to the sort of problems that the pessimists suggest.Also disputable are predictions that a deal between Comcast and NBC Universal will increase vertical integration in the market, as the cable industry control of the video marketplace has actually plummeted to under 15 percent and independent viewing options have exploded. It is difficult to imagine that Comcast would buck these trends and begin restricting independent options on its systems or withhold its content from others. Video distributors don't make money by restricting choice.Policymakers would be wise to avoid micro-managing mergers and instead let things run their course. Sometimes collaboration makes a great deal of sense, especially when the significant costs of providing media services become impossible to provide absent partnership. Healthy media companies certainly must be part of the answer and new ownership arrangements might be part of the solution.

The Next Digital Decade

2011-06-10 Computers
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Release : 2011-06-10
Genre : Computers
Kind : eBook
Book Rating : 600/5 ( reviews)

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Book Synopsis The Next Digital Decade by : Berin Szoka

Download or read book The Next Digital Decade written by Berin Szoka. This book was released on 2011-06-10. Available in PDF, EPUB and Kindle. Book excerpt:

An Examination of the Proposed Combination of Comcast and NBC Universal

2012 Competition
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Release : 2012
Genre : Competition
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Book Synopsis An Examination of the Proposed Combination of Comcast and NBC Universal by : United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Communications, Technology, and the Internet

Download or read book An Examination of the Proposed Combination of Comcast and NBC Universal written by United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Communications, Technology, and the Internet. This book was released on 2012. Available in PDF, EPUB and Kindle. Book excerpt:

Media Pluralism and European Law

2012-12-01 Law
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Release : 2012-12-01
Genre : Law
Kind : eBook
Book Rating : 177/5 ( reviews)

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Book Synopsis Media Pluralism and European Law by : Ewa Komorek

Download or read book Media Pluralism and European Law written by Ewa Komorek. This book was released on 2012-12-01. Available in PDF, EPUB and Kindle. Book excerpt: Although there appears to be no firm legal basis in the Treaties for EU legislative action aimed specifically at protecting media pluralism, this book opens a number of promising avenues along which a viable legal regime protecting media pluralism may be achieved in the EU. With particular focus on broadcasting, the book examines existing (albeit fragmented) legislative and regulatory measures in competition law and other areas that contribute to this goal, and sets forth ways to strengthen monitoring and transparency, generate ‘soft law with hard statements’, introduce a ‘pluralism test’ in the EU Merger Regulation, promote more public service media, and foster media literacy. Among many other issues arising in the course of the discussion, the author describes and elucidates the following: various types of integration of media companies and the different ways they affect pluralism and diversity; limitations of must-carry rules and principles of interoperability; the diverging priorities of different European organizations, institutions and bodies; and contradictory lobbying efforts from industry actors. The author places herself on the culture side of the culture/commodity dilemma, showing why it is vital for regulators to preserve media pluralism by counteracting excessive media concentration and safeguarding quality and diversity of content. In this era which is transforming media and communications industries worldwide, with an ever-increasing plethora of delivery means without respect to national borders, this book is an essential resource for regulators and other concerned policymakers, as well as for lawyers working with any aspect of media.

When Politicians Panicked

2021-03-30 Business & Economics
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Release : 2021-03-30
Genre : Business & Economics
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Book Rating : 386/5 ( reviews)

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Book Synopsis When Politicians Panicked by : John Tamny

Download or read book When Politicians Panicked written by John Tamny. This book was released on 2021-03-30. Available in PDF, EPUB and Kindle. Book excerpt: The global economy was booming as 2020 dawned, but within a few short months wreckage, death, and desperation borne of economic contraction were the new normal. What happened? In When Politicians Panicked, economic commentator John Tamny tells the heart-wrenching story of a time when politicians were tragically relieved of basic common sense in their response to the new coronavirus. In March of 2020, the virus quickly became a major news item as political panic about it traveled around the world. Even though anecdotal and market-based evidence from the virus’s epicenter indicated very low lethality, politicians quickly imposed economy-crushing lockdowns on the rather specious assumption that unemployment, bankruptcy, and starvation would somehow halt the virus’s spread. Tamny methodically dismantles the political consensus by showing how economic growth has long been the first and last answer to death and disease. He then shows how politicians, having mindlessly crushed a growing economy, proceeded to double down on their mistakes by throwing taxpayer money at their shocking errors. Throughout When Politicians Panicked, Tamny makes a relentless case that free people don’t just produce the wealth that renders today’s killers yesterday’s news. They also produce crucial information about health threats that shine a light on that which threatens us. Lockdowns suffocate economic progress, but they also blind us to how we can progress—as Tamny makes plain in what will go down as an essential history for anyone seeking to understand the coronavirus panic of 2020.

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