141–146 of 146 posts
Earlier quoted context omitted.
Anymore, the ISPs and the entertainment industry are the same entities. AT&T owns WarnerMedia, formerly Time Warner, which owns cable networks, movie & music studios. Most of the entertainment Americans consume are owned or produced by AT&T or a subsidiary.
I don't know about most of the entertainment. Now that Disney owns Fox Studios they're the other major creator of film and music.
So they absolutely have some control/influence over a sizeable portion of the media that we consume, even the segments they don't technically "own".
Earlier quoted context omitted.
Anymore, the ISPs and the entertainment industry are the same entities. AT&T owns WarnerMedia, formerly Time Warner, which owns cable networks, movie & music studios. Most of the entertainment Americans consume are owned or produced by AT&T or a subsidiary.
Which is why the next multi-billion dollar company is a simple ISP, the one charging $$ for delivering IP packets. Unfortunately, it is not sexy enough for VCs to fund.
Regulatory capture has turned the internet into a de facto monopoly. There won't be any new players because they can be sued or acquired long before they become a threat. Our only hope is for regulations that prevent ISPs and media companies from being under the same umbrella.
Earlier quoted context omitted.
> This is where many of the arguments against government regulation break down. If you take government out of the picture, you're still left dealing with massive institutions and bureaucratic regulations. This is only true of uncompetitive markets. If Target refused to sell you clothes because someone made a false copyright infringement claim against you, you would laugh in their face and go shop at any of a thousand…
> Moreover, in many cases the regulations are what make markets uncompetitive. Regulation is necessary to prevent monopolies, and monopolies by definition make markets uncompetitive. Antitrust regulation protects capitalism from itself. Unfortunately the Antitrust division of the Justice Department has not been doing its job for several decades.
Earlier quoted context omitted.
Without defending AT&T: Schwartz was prosecuted by a US Attorney. If anything he is a poster boy of over reach of government.
Government officials seemingly beholden to corporations.