Vertical Integration in Cable Television"Vertical ownership ties between cable television programming suppliers, such as CNN, HBO, and the Discovery Channel, and multiple cable television system operators, such as Time Warner and TCI, have become extensive. Many claim that such ownership ties reduce programming diversity, restrict entry of competitors to cable, such as local telephone exchange carriers or direct broadcast satellites, or have other socially undesirable effects." "David Waterman and Andrew A. Weiss address those and related issues from an economic perspective. On the basis of that analysis, they conclude that to the extent there are economic or other social problems with the cable television industry's performance, policy solutions to those problems lie not with regulatory or other constraints on vertical ownership but with reducing the horizontal market power of the multiple cable television system operators. In a postscript the authors evaluate the Federal Trade Commission's approval of the Time Warner-Turner Broadcasting merger."--BOOK JACKET.Title Summary field provided by Blackwell North America, Inc. All Rights Reserved |
Contents
Introduction | 1 |
Social Concerns and Policy Issues | 10 |
Market Structure of the Cable Television Industry | 21 |
Copyright | |
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1992 Cable Act affiliated networks alternative MVPDs analysis Antitrust bargaining basic networks cable industry cable programming cable subscribers Cable Television Cable TV Programming Cablevision Systems carriage channel capacity chapter Cinemax CNBC Comcast distribution ECON economic economies of scale effects of vertical entry equity example exclusive contracting FCC Cable Report FCC's firms foreclosure Home Shopping Network homes passed horizontal incentives increase input price integrated cable systems integration in cable largest MSO launch LECs limit market power menu merger monopsony monopsony power MSO's multichannel video networks carried nonintegrated number of networks Paul Kagan Associates percent potential PPV networks premium networks Primestar production profits program diversity program suppliers reduce Resident Scholar Showtime SMATV strategic subscribership supra note TCI's Telecommunications tion total number variables vertical integration vertical ownership vertically affiliated Viacom Video Programming Warner Cable