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Finance Essay

468 words - 2 pages

FCC Considers Regulations for Web-Video ServicesCable-Like Subscriptions Could Get Protections, but Also ObligationsByJOE FLINT andGAUTHAM NAGESHSept. 29, 2014 7:27 p.m. ETThe Federal Communications Commission is considering regulations for companies that provide cable-like subscription video services via the Internet, according to several people with knowledge of the matter.The move could have major implications for companies such as Sony Corp. , Dish Network Corp. and Verizon Communications Inc., all ...view middle of the document...

"If the FCC adopts such regulations, it would mean that an online provider would have the same ability to negotiate for carriage of local broadcast TV stations that cable and satellite TV providers have. It could also make it harder for a distributor that owns TV channels-such as Comcast Corp. to refuse to license them to an online service.Still, there are many issues that need to be worked out with regards to how OTT companies would be regulated and whether they would face the same franchise fees and taxes as traditional video providers and have the same public interest obligations such as providing closed captioning for programming.An FCC spokesperson declined to comment.Comcast argued against regulating them in 2012, in part, the company said, because the industry is still growing and would be hampered by having to meet all the regulatory requirements of cable operators.But satellite broadcaster DirecTV countered that if an online video player is going to act like a cable or satellite company, it should be regulated the same way.Sony's Web-video service plans to carry channels including Comedy Central,home to the series 'Broad City.' Comedy Central

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