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Technology Stocks : Broadcast.com (Acquired by Yahoo) -- Ignore unavailable to you. Want to Upgrade?

To: Pruguy who wrote (882)	3/21/1999 9:19:00 PM
From: Bill Harmond	Read Replies (1) \| Respond to of 1260

>>twx, tci cox etc are aggregators and they cannot own networks directly, I believe. The cable companies are monopolies in their markets, and the television networks weren't allowed to own them. Capital Cities (which owned important TV stations and cable systems) was forced to sell-off it's cable TV interests when it bought ABC, because owning cable systems would have given the major network control over which other networks were carried. That's pretty-much the extent of the legal limitations. Disney/ABC has extensive cable programming assets like the Disney Channel, ESPN, ESPN2, and part ownership of Lifetime and A&E. Time Warner Turner, the second-largest cable MSO owns TNN, the Cartoon Network, the History Channel, CNN, and Headline News. It's interesting that they also own the WB Network which is attempting to challenge the Big Four. The cable companies aren't content aggregators, the cable networks are. Broadcast.com is a content aggregator, and the Internet is the distribution system.