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Every year, MMTC hosts the nation’s preeminent minority media and telecom financing conference — the . Over three hundred people attended our 2005 conference, including representatives of 22 financial institutions. Three sitting FCC commissioners addressed the conference.

This year's conference will be held July 10 - 11, 2006
at the Westin Grand Hotel, Washington, D.C.

Twentieth Anniversary: 1986 – 2006

FOURTH ANNUAL ACCESS TO CAPITAL AND TELECOMMUNICATIONS POLICY CONFERENCE AND NINTH ANNUAL HALL OF FAME RECEPTION

View the Confirmed Speakers list here

Monday, July 10, 2006

8:00 AM Financing Breakfast: Values And Performance Keynote Addresses
9:00 AM What Is The Right Source Of Financing For Your Deal?
9:10 AM How To Find And Secure Equity For Your Deal
10:10 AM How To Find And Secure Senior And Mezzanine Financing
11:00 AM How To Develop and Distribute Content
12:15 PM Telecommunications Policy Luncheon
2:10 PM Breakout Sessions: Business Planning
• How To Develop Your Media Business Plan And Growth Strategy
• How To Develop Your Telecom Business Plan And Growth Strategy
3:10 PM Breakout Sessions: Research and Valuations
• How To Measure And Monetize Listeners And Viewers
• How To Measure And Monetize Telecom Subscribers
4:10 PM Breakout Sessions: Dealmaking
• How To Get Media Deals Done
• How To Get Telecom Deals Done
5:30-8:30 PM Ninth Annual MMTC Annual Hall Of Fame Reception

Tuesday, July 11, 2006

8:15 AM Entrepreneurship And Competitive Policy Breakfast
9:30 AM Summit On Closing The Digital Divide
• Eliminating Barriers To Entry And Expression: The Supply Side Of The Digital Divide
• Eliminating Barriers To Access And Service: The Demand Side Of The Digital Divide
12:30 PM Telecom Policy Luncheon
2:10-5:00 PM Financial And Transactional Networking

Coverage Type 

SPECTER, CHENEY & THE NSA
[SOURCE: New York Times, AUTHOR: Carl Hulse & Jim Rutenberg]
Senate Judiciary Committee Chairman Arlen Specter (R-PA) has released to the media a letter he sent to Vice President Dick Cheney concerning a potential hearing on the National Security Agency domestic spying program. Sen Specter said the vice president had cut him out of discussions with all the other Republicans on his own committee about oversight of the administration's eavesdropping programs, a subject on which Sen Specter has often been at odds with the White House. The trigger for Sen Specter's anger was a deal made by VP Cheney with the other Republicans on the committee to block testimony from phone companies that reportedly cooperated in providing call records to the NSA. Sen Specter, who had been considering issuing subpoenas to compel telephone company executives to testify, learned of VP Cheney's actions only when he went into a closed meeting of the committee's Republicans on Tuesday afternoon, shortly after encountering the vice president at a weekly luncheon of all Senate Republicans. In his letter, Sen Specter told VP Cheney that events were unfolding in a "context where the administration is continuing warrantless wiretaps in violation of the Foreign Intelligence Surveillance Act and is preventing the Senate Judiciary Committee from carrying out its constitutional responsibility for Congressional oversight." VP Cheney, by contrast, has led the White House's effort to defend the surveillance programs on legal and national security grounds.
http://www.nytimes.com/2006/06/08/washington/08specter.html
(requires registration)

* Specter: Cheney put pressure on panel
http://www.usatoday.com/printedition/news/20060608/a_capcol08.art.htm

* Specter Says Cheney Tried to Derail Hearings
http://www.latimes.com/news/printedition/asection/la-na-cheney8jun08,1,5...

* Regulate the spooks
[SOURCE: Los Angeles Times, AUTHOR: Editorial Staff]
[Commentary] Congress should back Sen Feinstein's plan to bring NSA wiretapping under an expanded FISA.
http://www.latimes.com/news/printedition/opinion/la-ed-nsa08jun08,1,5268...
(requires registration)


Specter, Cheney & the NSA
Coverage Type 

US TO ASK COURTS TO TOSS PHONE SUITS
[SOURCE: Bloomberg News, AUTHOR: Andrew Harris]
The government will seek dismissal of 20 lawsuits accusing the biggest telecommunications companies of providing customer call data to the National Security Agency, claiming that "military and state secrets" might be divulged were the lawsuits to proceed. The Justice Department said it will not ask for the dismissal until all the lawsuits are consolidated before a single judge, according to papers filed in U.S. District Court in Chicago, where a complaint is pending against AT&T Inc.
http://www.washingtonpost.com/wp-dyn/content/article/2006/06/08/AR200606...
(requires registration)


U.S. to Ask Courts to Toss Phone Suits
Coverage Type 

AT&T GETS MORE FOR LESS
[SOURCE: San Francisco Chronicle, AUTHOR: David Lazarus]
In March 2005, then-SBC's chief exec, Ed Whitacre, testified in Congress that his company's then-pending $16 billion acquisition of AT&T would have no adverse effect on consumers. He was asked by Rep. Ed Markey (D-MA) if he would pledge not to raise residential phone rates once the merger goes through. According to reports of the hearing, Whitacre assured the congressman that the deal would "have no impact on the consumer marketplace." Rep Markey persisted. If that's the case, he said, would Whitacre publicly pledge that rates won't go up? "I can't pledge that forever, but don't see anything that would impact that in the foreseeable future," Whitacre replied. "How long is the foreseeable future?" Rep Markey asked. "I can't make a pledge for any specific length of time," Whitacre answered. "I can't give you a specific number of days or years. I really don't foresee it." Less than seven months after the SBC-AT&T merger was finalized in November, rates are now going up in the form of higher minimum usage fees. If you're an AT&T long-distance customer and you don't make a lot of calls, there's a good chance your monthly bill will be going up as a result of these new "minimum usage" fees. AT&T says on its Web site that long-distance customers "enjoy great rates usually with a small or no monthly plan fee." It says it needs to charge (or in some cases increase) monthly minimum usage fees "in order to keep these rates low and still recover our costs of providing basic service." Industry analysts and consumer advocates say this just doesn't ring true. "Carrier costs are not going up to provide long-distance service," said Lisa Pierce, a vice president at Forrester Research who specializes in telecom issues. "If anything, the cost has been coming down."
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2006/06/07/BUGD3J8U441....

See also:
* AT&T/Bell South to Public: We Don't Have to Pay Attention to the Public Interest, Just the Corporate Bottom Line
http://www.democraticmedia.org/news/washingtonwatch/AT&TBS.html


http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2006/06/07/BUGD3J8U441.DTL&feed…
Coverage Type 

COPPS PUSHES CONTENT STUDY IN OWNERSHIP REVIEW
[SOURCE: Broadcasting&Cable, AUTHOR: John Eggerton]
Commissioner Michael Copps used a New America Foundation content-control forum in Washington Wednesday to push for a study of the influence of media concentration on programming as part of a new ownership rule review being launched by FCC Chairman Kevin Martin. Commissioner Copps said that ownership trumped all other issues relating to the media's affect on kids, saying that studying the connection as part of the crafting of any new ownership rules was vital if parents want "a world where there is wholesome programming for children." Commissioner Copps called on industry to "begin exercising some self-discipline during the hours when children are likely to be in the audience" by 1) providing understandable and accurate content control tools 2) slating more family-friendly programming, 3) re-instituting a programming code of conduct, 4) "doing something at long last about gratuitous violence," and 5) "protecting youngsters from viewing unsuitable ads and promos." He also said cable could "step up to the dialogue, too. And speaking of ads and promos, Copps said children should have more access to "positive educational programming," and less access to "pre-canned, nationalized, vulgar fare that is aimed chiefly at selling products."
http://www.broadcastingcable.com/article/CA6341707?display=Breaking+News


http://www.broadcastingcable.com/article/CA6341707?display=Breaking%20News
Coverage Type 

TV IS SURROGATE PARENT, CLINTON SAYS
[SOURCE: Broadcasting&Cable, AUTHOR: John Eggerton]
At a New America Foundation event exploring various content-control strategies, including the V-chip, Ã la carte cable, and TiVo parental-control functions, Sen Hillary Clinton (D-NY) warned that the US is in the midst of a social experiment of TV as surrogate parent. She said it is hard for parents to find time to supervise TV viewing, and exponentially harder for single parents. She also said that technology has outpaced our ability to respond to it, which is why it was important to start gauging what the effect of that technology on kids is. Sen Clinton said it is time to get beyond the ideological divide between censorship and free speech to an understanding that everyone has a role. She said she had drafted a parents' media guide to help with things like understanding the V-Chip and TiVo parental-control functions and was posting it on her Website. She also drafted a bill, the Children and Media Research Advancement Act, which funds a long-term National Institutes of Health study of the effects of various media on children. The bill passed out of committee in March and Sen Clinton said she was hoping for a floor vote soon.
http://www.broadcastingcable.com/article/CA6341731?display=Breaking+News

* Sen. Clinton: Feds must help parents on video games
http://news.com.com/Sen.+Clinton+Feds+must+help+parents+on+video+games/2...


http://www.broadcastingcable.com/article/CA6341731?display=Breaking%20News
Coverage Type 

MCCLATCHY SELLS 5 KR PAPERS -- TO FOUR COMPANIES
[SOURCE: Editor&Publisher, AUTHOR: Jennifer Saba]
McClatchy Co. announced late this afternoon it has found buyers for five Knight Ridder papers now in its hands, resulting in a total sale of $450 million. 1) The Akron (Ohio) Beacon Journal is going to Sound Publishing Holdings, a wholly owned subsidiary of Black Press, a Canadian company which produces over 100 publications in British Columbia, Alberta, Washington State and Hawaii. 2) Forum Communications will buy The News Tribune in Duluth, Minn., and the Grand Forks (N.D.) Herald. Forum is a media firm based in Fargo, North Dakota. The company owns a number of newspapers in North Dakota, South Dakota, Minnesota, and Wisconsin, including The Forum of Fargo-Moorhead (N.D.). 3) Ogden Newspapers is purchasing The News-Sentinel in Fort Wayne, Ind., which is under a joint operating agreement. Ogden, a private family-owned company headquartered in Wheeling (WV), publishes 39 daily newspapers, as well as related web sites, telephone directories, weekly newspapers, shoppers, and magazines in 15 states. 4) Schurz Communications agreed to acquire the American News in Aberdeen, S.D. Schurz publishes 12 daily and six weekly newspapers in medium and small markets with a combined circulation of nearly 225,000. It also owns four television stations, seven radio stations, two cable companies, phone directories, shopping guides, and a printing company.
http://www.editorandpublisher.com/eandp/news/article_display.jsp?vnu_con...

* McClatchy in Accords to Sell 5 More Papers
http://www.latimes.com/business/printedition/la-fi-mcclatchy8jun08,1,594...


http://www.editorandpublisher.com/eandp/news/article_display.jsp?vnu_content_id=…
Coverage Type 

TRIBUNE BOARD IS CONSIDERING A BROAD OVERHAUL
[SOURCE: Wall Street Journal, AUTHOR: Sarah Ellison sarah.ellison@wsj.com & Dennis K. Berman]
The board of Tribune Co. since January has been seriously considering a restructuring that would include a spinoff of the company's broadcasting group and could pave the way for the eventual sale of the rest of the company, according to people familiar with the situation. The Chandler family trusts, which are Tribune's second-largest shareholder and which nominated three of the board's 11 directors, have been involved in the discussions, and all parties appear to agree on exploring a broadcast spinoff, these people said. But the Chandlers disagree with Tribune's management over the timing and strategy of the move, which would entail months of complex and costly preparation. In part, the Chandlers, who formerly ran the Los Angeles Times and became major Tribune shareholders with the 2000 sale of Times Mirror Co. to Tribune for $8.3 billion, are unhappy over the $2 billion stock-buyback program that Tribune announced last week. The three Chandler-nominated directors voted against the buyback, according to a company securities filing on Tuesday. The discussions suggest Tribune is more seriously considering a breakup of the 160-year-old media conglomerate than previously had been known. Chicago-based Tribune controls a wide range of broadcast properties and newspapers, including 26 TV stations as well as the Chicago Tribune, the Los Angeles Times, Newsday of Long Island, N.Y., and other newspapers. The talks also suggest that a breakup would have the support of the Chandler Trusts, which control 12.2% of Tribune.
http://online.wsj.com/article/SB114973387435674567.html?mod=todays_us_pa...
(requires subscription)

See also at: http://www.washingtonpost.com/wp-dyn/content/article/2006/06/07/AR200606...

* Chandlers in Dissent at Tribune Co.
http://www.latimes.com/business/printedition/la-fi-tribune8jun08,1,39234...


Tribune Board Is Considering A Broad Overhaul
Coverage Type 

TELEVISA SAYS WILL HAVE US INTERNET BROADCAST RIGHTS
[SOURCE: Reuters]
Mexican programmer Televisa on Wednesday said it expected to be able to air its shows on the Internet in the United States, despite remarks by U.S. broadcast partner Univision Communications that the two differ on Web rights. The statement by Grupo Televisa came in response to comments by Univision President Ray Rodriguez last month. Rodriguez told reporters at the Univision upfront presentation to advertisers that there was "a difference of opinion" on Internet rights. Televisa said a long-term programming agreement between the two sides specifically states that Univision may not broadcast or transmit any of its shows "by means of the Internet or similar systems, now existing or hereafter developed." "There is no room for any 'difference of opinion' by Univision or any other party as to this prohibition," the company said. Televisa, which is also part of a group that may bid for control of Univision, said a clause of the programming agreement does bar it from distributing shows over the Internet in the United States. But the provision expires on December 19, after which Televisa believes it will have the right to do so.
http://today.reuters.com/news/newsArticle.aspx?type=internetNews&storyID...



Coverage Type 

NO TOLLS ON THE INTERNET
[SOURCE: Washington Post, AUTHOR: Lawrence Lessig (Stanford) and Robert W. McChesney (Free Press)]
[Commentary] The protections that guaranteed network neutrality have been law since the birth of the Internet -- right up until last year, when the Federal Communications Commission eliminated the rules that kept cable and phone companies from discriminating against content providers. This triggered a wave of announcements from phone company chief executives that they plan to do exactly that. Now Congress faces a legislative decision. Will we reinstate net neutrality and keep the Internet free? Or will we let it die at the hands of network owners itching to become content gatekeepers? The implications of permanently losing network neutrality could not be more serious. The current legislation, backed by companies such as AT&T, Verizon and Comcast, would allow the firms to create different tiers of online service. They would be able to sell access to the express lane to deep-pocketed corporations and relegate everyone else to the digital equivalent of a winding dirt road. Worse still, these gatekeepers would determine who gets premium treatment and who doesn't. Congress is deciding on the fate of the Internet. The question before it is simple: Should the Internet be handed over to the handful of cable and telephone companies that control online access for 98 percent of the broadband market? Only a Congress besieged by high-priced telecom lobbyists and stuffed with campaign contributions could possibly even consider such an absurd act. People are waking up to what's at stake, and their voices are growing louder by the day. As millions of citizens learn the facts, the message to Congress is clear: Save the Internet.
http://www.washingtonpost.com/wp-dyn/content/article/2006/06/07/AR200606...
(requires registration)


No Tolls on The Internet