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Technology Stocks : HDTV: Television of the future here now

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To: ~digs who wrote (142)	1/26/2009 9:05:49 PM
From: Ron	of 152

Senate approves digital TV delay By John Letzing, MarketWatch Last update: 9:00 p.m. EST Jan. 26, 2009 SAN FRANCISCO (MarketWatch) -- The Senate approved a bill Monday that would delay the transition to all-digital television transmissions in the U.S. until June, according to media reports. Barring congressional action, all TV stations are required by law to stop broadcasting in analog format by Feb. 17. However, there has been mounting criticism of the digital TV transition, alongside concern that those who stand to lose their TV signals due to the move won't be properly compensated in time to acquire the necessary converter boxes. Without such boxes, people will be required to subscribe to satellite or cable TV service. President Obama has also weighed in on the digital TV transition, calling for it to be delayed. Similar legislation on the digital TV transition date is expected to receive a vote in the House Energy and Commerce Committee later this week, according to a report in the online edition of The Wall Street Journal. That legislation would extend the transition date to September, according to the report. marketwatch.com{A8FBDEEE-6F26-45AC-98FE-2F41AFEEFDF7}&dist=hplatest

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