Latest Attempt To Save EchoStar/DirecTV Deal Involves Cablevision
from the no-surprise-there dept
Just as Wired went to press saying that the EchoStar's likely failure to acquire DirecTV means that Charlie Ergen will get to battle Rupert Murdoch yet again, the Washington Post is reporting that Ergen has worked out a deal with Cablevision to buy some EchoStar assets, in order to manufacture a satellite TV competitor out of thin air. The Cablevision deal had been rumored for some time, and Cablevision had announced some incredibly weak plans to offer satellite TV (some rumors said they got backing from Murdoch...). It's still unclear if EchoStar will get approval, though. I still wonder, though, why the FCC and the Justice Department don't realize that satellite TV and cable TV are competitors. They keep saying that the combined EchoStar/DirecTV would lead to a monopoly... It doesn't. How many people do you know who have both satellite TV and cable TV? The two are clearly substitutes in the same market.