Learn from history: let cable evolve

Article Abstract:

Washington's threat of re-regulating cable television not only would likely kill the proposed merger between AT&T and Tele-Communications, it also could reverse the increasingly competitive cable and telephone markets as well as Internet-related businesses. It would behoove Washington regulators, who have expressed concerns about high cable TV rates and weak industry competition, to study history. Congressional intervention in the cable industry undermined a 1993 TCI-Bell Atlantic deal and a similar pact between Southwestern Bell and Cox Communications. The 1992 Congressional authorization forced cable services to lower their prices by around 17% in 1993 and 1994, but also it lowered channel choices for many basic cable customers and transferred market share from cable to broadcast TV. The cable industry has invested $20 billion to $28 billion in digital, interactive systems and voice and high-speed data markets since the FCC and Congress eased regulation in 1995.

Cable and other pay TV services, Laws, regulations and rules, Telecommunications regulations, Internet services, Government communications regulation, Cable television/data services

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The Travel Channel and Conde Nast Traveler are teaming up for a variety of cross-ventures

Article Abstract:

The Travel Channel, which is owned by Discovery Communications Inc., has combined forces with Conde Nast Traveler, a unit of New York-based Advance Publications, to form a new prime-time travelogue series that will offer advertising packages that include television, print and Internet elements. The marketing cross-ventures will allow travel-related companies to reach a variety of venues with their advertising campaigns. The new travelogue series will be called, "Conde Nast Traveler Presents Amazing Destinations."

Comment:

Has combined forces with Conde Nast Traveler to form a new prime-time travelogue series

Strategic alliances, Book Publishing, Book Publishers, Licensing/Sales Agreements, Cable TV Systems Operators, Publishing industry, Conde Nast Publications Inc., Discovery Communications Inc.

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TCI's adviser could receive $40 million

Article Abstract:

Donaldson, Lufkin & Jenrette could earn up to $40 million as payment for its advisory services for Tele-Communications Inc. (TCI). TCI commisioned Donaldson to serve as an advisor for its proposed $31.8 billion sale to AT&T Corp. AT&T will spend approximately $25 million on investment banking fees to Goldman, Sachs and Credit Suisse First Boston. The TCI fee is one of the largest that Donaldson has ever been paid for providing advice in an investment banking deal.

Comment:

Donaldson, Lufkin & Jenrette could earn up to $40 mil as payment for its advisory services for Tele-Communications Inc.

Use of services, Contracts & orders received, Company Planning/Goals, Management Consulting Services, Business & Mgmt Consulting, Consulting services, Donaldson, Lufkin and Jenrette Inc., AT&T Broadband and Internet Services Inc.

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