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GOODLATTE PREDICTS MORE NET NEUTRALITY HEARINGS
[SOURCE: Broadcasting&Cable, AUTHOR: John Eggerton]
Bob Goodlatte (R-VA) co-chair of the Congressional Internet Caucus says that he is "Very, very concerned" about the prospects for an Internet toll road with customers paying for priority access to the Internet. But he said that while he supports the "concept of net neutrality," he is also concerned about government overregulation of the Internet, preferring to toughen antitrust laws to deal with the issue. Rep Goodlatte said he introduced a bill several years ago promoting open access, which he defined as "making sure that consumers, small businesses and others have an open opportunity to reach each other in a fair, competitive way, and concern that the people who control the pipes don't essentially put up a toll system."
http://www.broadcastingcable.com/article/CA6437746.html?rssid=193
http://www.broadcastingcable.com/article/CA6437746.html?rssid=193
STRUCTURED 'NET NEUTRALITY IS THE KEY
[SOURCE: Network World, AUTHOR: Curt Monash]
[Commentary] Internet legislation should preserve radical openness in two areas: Internet bit transport and Internet content and applications. Fortunately, both goals are achievable through a scheme that follows seven policy-design principles: 1) 'Net neutrality should be preserved for the "Jeffersonian" part of the Internet --research, teaching, political discourse, and small-business commerce. 2) In general, content and application providers should be left almost wholly unregulated. 3) It's OK to regulate telecom carriers. They are natural oligopolists and are used to it. 4) It's OK to charge for high Quality of Service. The "Edisonian" part of the Internet will be stifled without substantial investment; somebody has to pay for it. 5) Any payment arrangements between content and application providers and consumer-facing carriers should be formulaic. There should be no scope for negotiation, so bias can't creep in. 6) Content and application providers should be allowed to subsidize communication costs. Consumers don't like paying on a bit-by-bit basis; they prefer subscriptions or free or ad-supported models. 7) Content and application providers shouldn't have to subsidize communication costs. There should be no business-arrangements requirements limiting innovators from getting started on the Internet. Tariff rebate passthrough is a policy and regulatory framework that satisfies all these principles.
http://www.networkworld.com/columnists/2007/042307monash.html?page=1
http://www.networkworld.com/columnists/2007/042307monash.html?page=1
H.R. 2054 Universal Service Reform Act of 2007
Submitted by admin on Mon, 04/30/2007 - 09:45FCC TARGETS TAMPA BAY FOR HEARINGS
[SOURCE: Tampa Bay Business Journal, AUTHOR: Michael Hinman]
Media consolidation might make sense to the bottom line, but members of the Federal Communications Commission are expecting to get an earful against loosening even more restrictions on television and radio ownership when they visit Tampa today.
http://www.bizjournals.com/tampabay/stories/2007/04/30/story2.html?from_...
* Debate On Media Ownership Rules Ignores Realities Of Digital Age
[Media General editorial] "Our cross-media ownership benefits this community, no matter what critics say today about Big Media bogeymen."
http://www.tbo.com/news/opinion/editorials/MGBRCALK21F.html
* Media General’s Claims Debunked
The cover story of Tampa’s premiere alternative weekly, Creative Loafing, warns of the dangers of media consolidation — noting how thoroughly local giant Media General has been able to dominate the Tampa market.
http://www.stopbigmedia.com/blog/?p=88
http://www.bizjournals.com/tampabay/stories/2007/04/30/story2.html?from_rss=1
MORE ON REILLY/MEDIANEWS/HEARST SETTLEMENT
[SOURCE: Editor&Publisher, AUTHOR: Mark Fitzgerald and Jennifer Saba]
The dust refuses to settle on last week's settlement between San Francisco Bay Area businessmen Clint Reilly and local newspaper owners MediaNews and Hearst. On Friday, MediaNews Group President Jody Lodovic accused Reilly attorney Joe Alioto of misrepresenting terms of the settlement -- and said the Denver-based chain was "strongly considering" suing him for breaching confidentiality terms of the agreement. In reply, Alioto said -- to paraphrase -- 'bring it on.' On Saturday, Alioto repeated his argument that the settlement was key to the survival of the smaller area papers. The original goal of the lawsuit was to unwind the sales and trades among The McClatchy Co., Hearst and MediaNews that gave MediaNews ownership of two big former Knight Ridder Bay Area dailies, the San Jose Mercury News and the Contra Costa Times. Joining those two papers with other MediaNews Bay Area dailies was fundamental to keeping the smaller papers competitive, Alioto said.
http://www.editorandpublisher.com/eandp/news/article_display.jsp?vnu_con...
http://www.editorandpublisher.com/eandp/news/article_display.jsp?vnu_content_id=…
BIG MEDIA'S ASSAULT ON DEMOCRACY
[SOURCE: The Seattle Times, AUTHOR: Ryan Blethen]
[Commentary] "Enough" is a word that means little to corporate media. The few bloated companies that remain atop the media food-chain have crossed the line from growing profits to actively pushing rule and law changes that will wound our nation. These mega-companies move from one industry to the next in the name of consolidation, driven by a Wall Street appetite that demands more every quarter. Companies once devoted to a particular sector are now behemoths that have control over almost everything read, watched or listened to.
http://seattletimes.nwsource.com/html/opinion/2003682648_ryan27.html
Big media's assault on democracy
GE SHARES RALLY ON CITIGROUP'S PUSH FOR UNIT SPINOFFS
[SOURCE: Bloomberg, AUTHOR: Rachel Layne and Alexis Xydias]
Citicorp is suggesting that General Electric should spin off NBC Universal, GE Money and the company's real-estate division. GE should spin off NBC because the division "has no meaningful synergy with the rest of the portfolio," the Citigroup note said. Nicholas Heymann of Prudential Equity Group said a company such as Google may be interested in buying NBC Universal as part of its effort to add to its mix of media offerings including YouTube. Divesting assets would make GE, the world's second-largest company by market value, easier to understand for investors, wrote Citigroup analysts including Jeffrey Sprague. NBC Universal provided $16.2 billion, or about 10 percent, of GE's $163.4 billion in revenue last year.
http://www.bloomberg.com/apps/news?pid=20601103&sid=aVUAn4RXPYRU
http://www.bloomberg.com/apps/news?pid=20601103&sid=aVUAn4RXPYRU
AT&T TAPS STEVENSON AS CEO
[SOURCE: Wall Street Journal, AUTHOR: Dionne Searcey dionne.searcey@wsj.com and Jessica E. Vascellaro]
AT&T announced on Friday that longtime Chairman and CEO Edward Whitacre will step down in June and be replaced by COO Randall Stephenson. Mr. Stephenson, who holds a master's degree in accounting from the University of Oklahoma, was a key architect of AT&T's recent acquisition of BellSouth Corp. He embraces the technology his company peddles using laptops and GSM cards, and is of a different ilk than Mr. Whitacre, who came to AT&T in 1963 as a facility engineer. Mr. Stephenson inherits unique challenges facing phone companies whose very core business -- landline phone service -- is diminishing in the age of wireless and Internet phone calls. While some phone companies, like Sprint-Nextel Corp. and Verizon Communications Inc., have shed landlines and focused on wireless service, a growth business, AT&T has cherished its landline service. It is bundling it with wireless and TV offerings and testing devices that will converge the two services. Like other large telecom players, AT&T will have to navigate new technologies that make communications easier for consumers and seek to bring them to market without cannibalizing traditional revenues too much. AT&T will turn its attention increasingly abroad as it aims to become the preferred provider of telecommunications services to multinational corporations around the world. Mr. Stephenson said Friday that, on the international scene, AT&T is going to look for business partners rather than make large acquisitions, though he added that the company may look for small acquisitions around the world to better serve large corporate clients. AT&T has a slew of new competitors, including Google and cable companies that in the past two years have aggressively entered the phone business.
http://online.wsj.com/article/SB117768601212684889.html?mod=us_business_...
(requires subscription)
http://online.wsj.com/article/SB117768601212684889.html?mod=us_business_whats_ne…
CONSORTIUM BUYS CONTROL OF ITALY'S PHONE GIANT
[SOURCE: New York Times, AUTHOR: Victoria Burnett and Peter Kiefer]
Telefónica of Spain and a group of Italian investors agreed on Saturday to pay 4.1 billion euros ($5.6 billion) for a controlling 18 percent stake in Telecom Italia, allowing the Spanish telecommunications giant to expand into the Italian market and extend its presence in Latin America. The deal ends months of speculation about the future of Telecom Italia, whose suitors had included AT&T, and it represents a setback for Telefónica’s arch rival América Móvil, owned by the Mexican tycoon Carlos Slim Helú. Despite the involvement of Telefónica, the deal also appears to maintain the Italian-majority ownership of the country’s former monopoly phone company.
http://www.nytimes.com/2007/04/30/business/worldbusiness/30telecom.html
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* Telefónica Wins Telecom Italia Stake, Not Control
http://online.wsj.com/article/SB117779206831686021.html?mod=todays_us_pa...
Consortium Buys Control of Italy’s Phone Giant