/// Univision CEO Says Comcast-Time Warner Cable Deal Is Bad for Hispanics

April 28, 2014  |  Media Week

Put Univision in the “no” column on the Comcast-Time Warner Cable merger. During the Spanish-language media giant's first quarter earnings call, CEO Randy Falco told investors that the merger would hurt Hispanic TV viewers. “You've already heard that the new Comcast will be the dominant cable and high-speed broadband provider in markets with 30 percent of all U.S. cable households. What you may not know is that the new Comcast will serve markets with 91 percent of all Hispanic households and be the top TV distributor in 19 of the top 20 Hispanic markets,” Falco said. “That gives this new company staggering influence over Hispanic consumers.” There's nothing hypothetical, Falco said, about how Comcast could easily continue to deny distribution to competing programming. Comcast, Falco explained, is the only cable company that doesn't distribute Univision's sports networks. “Either Comcast doesn't understand that soccer is a passion point for Hispanics or they don't support competitors who have competing services. My fear is that the latter is the case and this type of anti-competitive conduct would continue,” Falco said. Regulators are currently reviewing Comcast’s $45 billion acquisition of Time Warner Cable . At the very least, Falco urged regulators to impose tough conditions on Comcast to protect competitors like Univision, which serve minority communities. Hoping to appease regulators, Comcast announced a deal with Charter Communications to divest 3.9 million subscribers from the combined company to reduce its national cable coverage to 30 percent.

Read this article:
Univision CEO Says Comcast-Time Warner Cable Deal Is Bad for Hispanics



Leave a Reply