Hearing On Telecommunications Policy Reform Hearing Before the Committee On Co
Hearing On Telecommunications Policy Reform Hearing Before the Committee On Co
Science United States Congress Senate Committee On Comm
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The basic facts are by now familiar to everyone: The selection and distnbution of video programming is no longer anything even remotely resembling an oligopoly with only three primary network players. Over the last twenty-five years, the video landscape has been radically transformed by a variety of interrelated economic and technological developments. These include remarkable growth in the number of conventional broadcast television stations, a huge expansion in the amount ot programming deliv...ered by cable and other distribution media, and extensive household penetration 'in 1984, the Federal Communications Commission tentatively concluded that "explosive growth and change" in the mass media market supported a phase-out of national ownership limits. See Amendment of Multiple Ownership Rules {GenerM Docket 83-1009) 100 FCC 2d 17. 18 (1984). /-econ. Granted in part 1 00 FCC 2d 74 (1985). STRATEGIC POLICY RESEARCH 186 by VCRs and now PC technology. Indeed, conventional video and interactive software sales and rentals now tar exceed the re\-enues of all broadcast and basic cable networks.
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