C-Cube Message Board - Msg: 11768462

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : C-Cube

CUBE 36.18

-0.4%

2:29 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Stoctrash who wrote (47172)	11/1/1999 11:23:00 AM
From: BillyG	Read Replies (1) of 50808

Congress poised to let satellite companies beam local stations Change could increase competition with cable From Correspondent Wolf Blitzer October 30, 1999 Web posted at: 11:58 p.m. EDT (0358 GMT) cnn.com:80/ALLPOLITICS/stories/1999/10/31/satellite.change/index.html WASHINGTON (CNN) -- Congressional negotiators are close to an agreement clearing the way for direct satellite television companies to beam local broadcast stations to customers, CNN has learned. Until now, consumers who chose satellite television service had to receive their local stations from either an over-the-air antenna or through basic cable service, giving cable companies an advantage over satellite companies in attracting customers. Supporters of the change argue that it will make satellite service more attractive and benefit consumers by increasing competition for cable companies. A congressional source tells CNN that House and Senate negotiators have "reached a tentative agreement on all the major points" of the bill. The legislation is expected to clear both houses of Congress before they recess in November. Satellite companies should be able to start offering local stations in major markets next year, with service in small markets phased in over coming years, sources say. Both the top Republican and Democrat on the House telecommunications subcommittee handling the bill -- Reps. Billy Tauzin (R-Louisiana) and Edward Markey (D- Massachusetts) -- support the measure, as does the White House. ================== These ANALysts are something -- Merril Lynch downgraded Echostar (DISH) Friday and it is up about 10% today. DISH reports earning tomorrow. biz.yahoo.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next