3.15.16 - FCC Drafting Order to Approve Charter-Time Warner Cable Deal
"Federal Communications Commission Chairman Tom Wheeler is likely to circulate a draft order as soon as this week approving Charter Communications Inc.'s $55 billion deal to buy Time Warner Cable Inc. with certain conditions, according to people familiar with the matter."
"The order would impose a number of conditions on the transaction, many of them aimed at boosting online video as a competitor to cable. One condition would bar Charter from including clauses in its pay-TV contracts that restrict a content company’s ability to offer its programming online or to new entrants, the people said. FCC officials worry those clauses, which are thought to be widespread in the pay-TV marketplace, could be impeding the growth of online video."
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