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Best of the Blogs, Media: Comcast's Acquisition of NBC Is Being Questioned


ABC News and Univision have tentatively agreed to create an English-language cable television channel for Hispanics in the United States.

This column highlights the most interesting and useful financial commentary on media from around the Web. Use our comments section to post your own suggestions for blog content that you've read or written.

The Hollywood Reporter
Link: Sen. Al Franken Questions Comcast's Handling of NBC Acquisition

"In a letter to the FCC and Dept. of Justice, Minnesota US Senator and former comedian Al Franken suggests Comcast (CMCSA) is not dealing fairly with competitors as promised.

"Franken's letter comes in the wake of a decision last week by the FCC to force Comcast to give better placement to the Bloomberg news channel on its cable systems. 'I am pleased that the Commission finally acted on this complaint last week,' wrote Franken, 'but I remain disappointed that this dispute languished before the Commission for more than ten months.'"

The New York Times: Media Decoder
Link: From ABC News and Univision, an English-Language Channel for Hispanics

"The Walt Disney Company's (DIS) ABC News division and Univision have tentatively agreed to create an English-language cable television channel for Hispanics in the United States."

All Things D
Link: The Cable Fee Fight Takes Another Turn as Dish Networks Uses iTunes, Netflix and Amazon as Weapons

"The basic contours of the TV programmer versus pay-TV provider fight are fundamental and unchanging: The programmer tries to get more money for his stuff, the pay-TV provider says that's too much, and the two sides chest-bump for a while.

"Eventually they settle, and you, the pay-TV customer, ends up paying more."

The New York Times: Bits
Link: Daily Report: Seeking the Next Instagram

"When Facebook bought Instagram for $1 billion last month, it raised a lot of eyebrows - and questions about which buzzed-about young start-ups might be on track for similar success, Jenna Wortham and Nicole Perlroth report in Monday's New York Times. There is certainly no shortage of companies to choose from. The start-up scene is on fire, flooded with apps and services that are attracting users and backing from venture capitalists. But it can be hard to determine which companies are just at the height of their hype cycle, and which are worthy of the kind of attention Instagram was receiving when Facebook came calling."

Link: Google+ Releasing 'Hangouts on Air' Features to All Users

"Google+ (GOOG) on Monday announced it would gradually roll out its 'Hangouts on Air' feature to the masses over the coming weeks. The feature lets you broadcast live sessions for anyone to watch - just like Barack Obama did in January."

Twitter: @ChrisWitrak
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