A report from Legg Mason analyst Blair Levin makes the unsettling prediction that continuing consolidation, the growth of broadband and bundled services, and the emergence of new businesses such as VoIP telephony are about to crash head-long with current regulatory policies governing rates and competition.
Against the backdrop of rapidly emerging interactive, digital technology, the shift of content ownership from cable operators and independent national broadcast television networks to media conglomerates is one of the moving forces of industry change.
An interesting report…wish I could get the whole copy…
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