The <A HREF="http://www.fcc.gov/">Federal Communications Commission</A> has approved the merger of media conglomerate <A HREF="http://www.viacom.com/">Viacom Inc.</A> and <A HREF="http://www.cbs.com/">CBS Corporation</A>, one of the "Big Three" television networks. Viacom will acquire CBS in a stock swap; the resulting entity will have one year to unload enough stations to bring it into compliance with regulations limiting its share of the television viewing audience to 35% of the total market. Stations in Los Angeles, Chicago, Dallas–Ft. Worth, Baltimore, and Sacramento may be sold to comply with the restriction. The approval was granted Tuesday, May 2.
Video-on-demand (VOD) is coming soon to more than 1.2 million homes in Los Angeles, courtesy of <A HREF="http://www.chartercom.com/">Charter Communications, Inc.</A>, the fourth-largest cable operator in the US. Charter has completed an agreement with Redwood City, CA–based <A HREF="http://www.divatv.com/">DIVA Systems Corporation</A> to provide VOD software and hardware for customers in Long Beach, Pasadena, Alhambra, Monterey Park, Glendale, and Burbank.
Steven Spielberg has held out long enough. With as many as 12 million DVD players expected to be in movie fans' homes by the end of the year, Hollywood's most successful director has decided to release his films on digital discs.
When the retransmission of local TV signals by direct satellite broadcasters became legal, analysts and industry insiders expected an increase in business. They did not expect the surge in new subscribers that came in the wake of the decision. <A HREF="http://www.echostar.com/">EchoStar</A>, the perpetual runner-up to dominant DBSer <A HREF="http://www.directv.com/">DirecTV</A>, added 455,000 new subscribers to its DISH network in the first quarter of this year, bringing its total customer base to more than 4 million as of the end of April.
As many as 12 recent releases from <A HREF="http://www.miramax.com/">Miramax Films</A> will be streamed over the Internet in the coming months, the Walt Disney Company–owned studio announced April 19. Among the offerings will be 1998 Oscar winner <I>Shakespeare in Love</I>, which will be transmitted using encryption technology from <A HREF="http://www.sightsound.com/">SightSound</A>, a company that has been renting films at its site for the past year, and that recently launched an Initial Public Offering of its stock.
The <A HREF="http://www.fcc.gov/">Federal Communications Commission</A> has begun looking into problems presented by the proliferation of digital cable systems, problems that could offer pirates the opportunity to make an infinite number of perfect copies of high-definition movies from transmissions over pay-per-view channels like Showtime and Home Box Office. The lack of a reliable copyright-protection technology is hindering the rollout of high-definition television.
Direct-broadcast satellite (DBS) companies have fought hard to gain parity with cable TV providers. A recent regulatory decision allowing the retransmission of local TV signals by satellite will go a long way toward giving DBSers equal footing with cable, and is the result of a long campaign of invoking "the free market" and "open competition."
The American broadcasting industry needs an attitude adjustment, according to <A HREF="http://www.fcc.gov/">Federal Communications Commission</A> chairman William Kennard. At last week's <A HREF="http://www.nab.org/">National Association of Broadcasters</A> convention in Las Vegas, Kennard took the industry to task for the slow rollout of digital television, mandated by his agency for more than two years now. The consumer electronics industry has embraced the promise of digital television from the beginning.
The march of progress comes at a price to the environment. Old computer monitors and television sets often wind up in landfills, where they can leak lead, cadmium, mercury, and other toxic chemicals into the groundwater. The federally mandated changeover to digital television, projected to be complete within the next six years, may exacerbate the problem as millions of consumers consign their old displays to the trash.
The <A HREF="http://www.bbc.co.uk/">British Broadcasting Corporation</A> is creating a new film division that will develop projects with American producers and distributors for theatrical release in the US and elsewhere in the world, according to an official announcement made April 4 in London. The new division is part of a corporate restructuring that will free up $318.5 million annually for dramatic programming, according to the BBC's new director general, Greg Dyke.