Ownership

AT&T Chairman and CEO Randall Stephenson said it makes no sense for the government to oppose the telecommunications giant's $85 billion buyout of Time Warner on the grounds that content distributors and content creators under the same umbrella would be anti-competitive.  He said major technology firms such as Netflix and Amazon are allowed to do the same thing. "Reality is, the biggest distributor of content out there is totally vertically integrated. This happens to be something called Netflix.

Unilever, one of the world's largest advertisers, is threatening to pull its ads from social sites such as Facebook and YouTube if the tech companies don't do more to minimize divisive content on their platforms.  Unilever’s Chief Marketing Officer Keith Weed will call on Silicon Valley Feb 12 to better police what he describes as a toxic online environment where propaganda, hate speech and disturbing content that exploits children thrives.

As CBS and Viacom dance around each other like teenagers at a ball, the US implications of a merger have been widely covered. However, as the two consider rebuilding the House of Sumner over the next couple of months, one of the most interesting aspects is the growing power of their international business.

If YouTube was looking for a little love from British lawmakers for its new initiative to label videos from news outlets that receive state funds, the company was in for a surprise.

"It has long been customary at the Federal Communications Commission for Bureaus planning to issue significant orders on delegated authority to provide those items to Commissioners 48 hours prior to their scheduled release. Then, if anyone Commissioner asked for the Order to be brought up to the Commission level for a vote, that request would be honored." That is a direct quote from then-Commissioner Ajit Pai during testimony before the Senate Commerce Committee on March 18, 2015.

The Newseum released a report on its groundbreaking Power Shift Summit held on Jan.

British lawmakers grilled Silicon Valley social media giants over the presence of “fake news” and Russian influence on their platforms in Washington (DC).  The British parliament members asked Twitter, Facebook and YouTube representatives pointed questions during a special US hearing over how hoax content disseminated from their websites may have swayed the 2016 British "Brexit" referendum on leaving the European Union.   The tech representatives downplayed those concerns, citing internal data they said found that accounts linked to Russians did not heavily use their platforms in the same w

Cheap wireless plans might be harder to find in 2018. The two most aggressive US wireless carriers, Sprint Corp and T-Mobile US Inc,  are signaling they will scale back discounting this year after a failed attempt to combine their businesses. Sprint, the No. 4 carrier by subscribers, said that it would only chase new customers it considers profitable. No.

A year after Mediacom paid an undisclosed sum to take over the cable system in Andalusia (AL) the town’s mayor is warning the operator that if he continues to hear complaints, Andalusia will shop for a municipal broadband provider. “For the entire time that I have been mayor, I have not received as many complaints about anything as I have received about the cable and broadband service from Mediacom,” said Andalusia Mayor Earl Johnson. “Whatever it is that they’re doing here, they need to make some changes.”

Sinclair Broadcast Group has extended the deadline for the Justice Department’s decision regarding its proposed $3.9 billion acquisition of Tribune Media. In an SEC filing, Sinclair and Tribune said that they had agreed to not consummate the merger before Jan. 30, 2018, but now that deadline has been moved to Feb. 11, 2018. Tribune and Sinclair also agreed to provide 10 days’ notice to the DOJ before closing the merger.