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Technology Stocks : C-Cube
CUBE 37.36+1.2%Nov 26 3:59 PM EST

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To: Raymund W who wrote (34856)8/2/1998 1:53:00 PM
From: John Rieman  Read Replies (1) of 50808
 
US Government. Wait and see on Digital Video........................

dotelectronics.com

'Wait and see' on digital scene

The government has rejected calls for an urgent and thorough review of the regulation of the broadcast and telecoms sectors. Instead, it has opened a consultation exercise, seeking industry views on how convergence between the sectors will have an impact on society and the relevant business sectors.

This evolutionary approach is a significant rebuff to a recent report from the media select committee, chaired by Gerald Kaufman, which argued strongly that, as convergence is already underway, a more streamlined regulatory body was needed. It also called for a specific date to be set for switching off analogue TV transmissions to encourage the take up of digital and interactive services.

The green paper from the DTI and the department of culture, media and sport recognises that the growth of the Internet and interactive services means convergence is important. But Chris Smith, culture minister, maintains that the present regulations "are sufficiently flexible to cope with the immediate challenge".

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