Skip navigation


Current DateTime: 08:24:49 28 Nov 2009
LinksList Documentid: 24355697
  • Runway Angels

      The superbowl of fashion shows, models walk down the runway at the 2009 Victoria's Secret Show.

  • Smartphone Guide

      Here's a need-to-know guide to nine devices, based on features, price, network and platform.

  • Wines for the Holidays

      Not quite sure what wine to pair with Turkey or Creme Brulee? Our experts do.

FEATURED QUIZZES


Current DateTime: 08:24:49 28 Nov 2009
LinksList Documentid: 33793611
  • How Well Do You Know Your Bird?

      Let's talk turkey. Test your turkey knowledge and perhaps pick up a bit of trivia to trot out at your holiday meal.

  • A Healthier & Wealthier You

      Take the following quiz and find out how much you know about the impact of obesity on the health of the U.S. economy.

  • The Billionaire BFF's

      Philanthropists. Bridge partners. Hockey players. Which responses are based on facts from Buffett's and Gates' real lives?


Current DateTime: 08:24:49 28 Nov 2009
LinksList Documentid: 24890560
  • Winterizing Your Portfolio

      If 2009 was the winter of our discontent, will 2010 be a winter wonderland for investors? A lot depends on the recovery—or lack thereof.

  • Investor's Guide to Real Estate

      Some even say the long-awaited recovery is here. Regardless, buyers and sellers alike can profit from our guide.

  • Alternative Investing

      Stocks and bonds? Sure. But it's a big world out there for investors.

powered by digg
By: Marc Gunther, The Big Money | 28 May 2009 | 12:14 PM ET
Text Size

In the early days of cable, long before anyone dreamed of a 24-hour food channel, Real World Season 22, or Glenn Beck, a startup network showing nothing but music videos struggled to get carried by cable systems—that is, the companies that own the wires leading into people's homes. Frustrated, the owners of this new channel created a now-classic advertising campaign urging teenagers to call their cable operators and declare: I Want My MTV!

Al Gore
AP

Ever since—this was the early 1980s—the media companies that own networks (Viacom, Disney, CBS) have fought with the companies that own cable systems (Comcast, Time Warner, Cox Communications) over distribution. Even today, when the average cable system offers about 120 channels—and many carry 500 or more—programmers complain that they can't get their fare onto the cable menu.

Now, though, instead of seeking to arouse the masses with "I Want My MTV"-style campaigns, disgruntled programmers hire lawyers to take their complaints to Washington—most recently, to a windowless conference room at the Federal Communications Commission, where dozens of high-priced attorneys have been arguing about which channels should be carried by what cable systems and at what prices. The complaints have been pending for years, the hearings before an administrative law judge have droned on for six weeks, and rulings won't come for months, after which they could be appealed to the federal courts.

Here it must be noted that the questions before the FCC are less than vital to the national interest: Must Comcast make the 24-hour NFL Network available to its digital subscribers, or can it charge them extra to see it? Can a startup channel known as Wealth TV force its way onto Comcast, Cox, and Time Warner cable systems? And should MASN, a Baltimore-Washington regional sports network, be carried by cable systems in Harrisburg, Pa., and Hampton, Va.?

_____________________________________
More From The Big Money:

_____________________________________

What gives the legal wrangling an Alice in Wonderland quality is the fact that the cable industry is now struggling to hold onto subscribers in the face of spirited competition from satellite and telephone companies that offer pay-TV packages of their own. In other words, cable faces market pressures to give subscribers the networks they want—or the subscribers can turn elsewhere for programming, as millions already have.

So why does the federal government remain in the business of telling cable systems what networks to carry? No regulator, after all, can order the Washington Post to carry a comic strip or demand that Wal-Mart provide shelf space to a new brand of cereal or toilet tissue.

Tools:
Print EmailAdd This share icon
  • digg share

CNBC HIGHLIGHTS

  • These four sectors will be the next to lead the market.
  • Zhu Zhu Pets are this year's must-have toy, fetching $40 or more on eBay.
  • T shirt man
  • From the why-didn’t-I-think-of-that file, we present Jason Sadler, a man whose job is wearing T-shirts.
  • It may be the most unusual guide to business you'll read.
  • Shopping for a gadget hound? The choices can be baffling. Here are a few that should be a hit.
  • "The Who" will be the halftime act for Super Bowl XLIV on Feb. 7 in Miami. Is the NFL behind the times?
ADD COMMENTS
Remaining characters


Current DateTime: 01:04:29 28 Nov 2009
LinksList Documentid: 29778428

Current DateTime: 01:01:49 28 Nov 2009
LinksList Documentid: 29779196

Current DateTime: 01:01:49 28 Nov 2009
LinksList Documentid: 29779199

Current DateTime: 01:01:50 28 Nov 2009
LinksList Documentid: 29779198
  Data is a real-time snapshot  *Data is delayed at least 15 minutes
Global Business and Financial News, Stock Quotes, and Market Data and Analysis

© 2009 CNBC, Inc.  All Rights Reserved.
A Division of NBC Universal
Thomson ReutersThomson Reuters