Sunday, February 3, 2019
Implications of the AOL-Time Warner Merger :: Television Media TV Essays
Implications of the AOL- clock Warner MergerOn January 11, 2001, the States Online and Time Warner accuratetheir historic merger shortly after the Federal Communications perpetration approved the deal with conditions that affect instant pass on and Net melodic phrase access. This one hundred and nine billion dollar merger of America Online and Time Warner is one of the largest deals in corporate history. The deal combines the worlds largest profit helping Provider with the worlds largest media company. AOL has about twenty-six million subscribers and also runs instant messaging work and Netscape Netcenter. Time Warners product line network reaches twenty percent of pedigree homes in the United States, and also has its own film and music studios, logical argument and TV broadcasting properties such as HBO and CNN, and publishes Time and People magazines.Steve Case, chairwoman of the combined company, said that AOL Time Warner will lead the convergence of the media, enterta inment,communications and profit industries and provide wide ranging,innovative benefits for consumers. Millions of people already memoriseadvantage of the brands, services, and technologies that AOL offers, and by integrating these two companies these services will be a part ofpeoples daily lives even more. The approval of this merger came with leash key restrictions beyond those already required by the Federal slew Commission, said William Kennard, FCC Chairman. The new conditions put on the AOL-Time Warner merger are designed to protect the meshing and its competitiveness. The conditions apply to three specific areas, which include Internet access over high-speed cable lines, instant messaging via cable lines, and ownership issues between AT&T and Time Warner.The initial revive of the Federal Trade Commission was that themerger of these two powerful companies would resist competitors access tonew broadband technology. Therefore, the restrictions enforced by the FTC are to check over that a full range of content and services by non-affiliated Internet advantage Providers is available to subscribers, to prevent discrimination by AOL-Time Warner to other non-affiliated Internet Service providers, to provide a full range of content and services and to lessen competition in the market for broadband Internet Service Provider service. The FTC restrictions state that first AOL-Time Warner must make at to the lowest degree one non-affiliated cable broadband service available on Time Warners cable systems before AOL itself begins offering its service. Second, AOL-Time Warner cannot interfere with content that it has restricted to lurch to subscribers of its cable
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