The Senate Committee of the Judiciary held hearings yesterday to press Comcast and Time Warner Cable executives on the merits of their proposed $45 billion merger. The WSJ covered the hearings, including links to Comcast's 180 page report defending the merger, noting: "If the deal wins approval, Comcast would have 30% of the nation’s pay-TV subscribers and nearly 40% of U.S. broadband subscribers." While Congress doesn't actually get to vote on the deal itself, their deliberations can shape reviews by the two Federal agencies (the Department of Justice and the FCC) that will determine if the merger will proceed.
The hearing, and the supporting documents provide some terrific research for both sides of the media ownership debate. I encourage you to read through and use them in your term paper!
