Cable Telecommunications Act, Day 1 Part 1
Nov 16, 1989
Follow Similar Programs
Senator Inouye talked about the history of governmental regulation of cable and the telecommunication industry. Senators Ford and Gore also offered opening remarks. The panel was composed of members of the cable .. Read More
Senator Inouye talked about the history of governmental regulation of cable and the telecommunication industry. Senators Ford and Gore also offered opening remarks. The panel was composed of members of the cable industry.
Mr. Mooney talked about the change in rates for cable subscription after the industry was deregulated. The rates increased by 26% in the first 23 months after the industry was deregulated. He said that the increase was a response to rates being held artificially low due to regulations and an increase in services being offered. He said that irresponsible actions have been isolated instances and emphasized that the entire industry continues to keep its integrity.
Mr. Malone talked about the international expansion of cable technology. He talked about the processes that cable used to create its programming. He cited the low rate of return on money invested as both a hindrance to further investment in the cable infrastructure and as a justification for the rates that consumers were charged. He talked about the research and development of cable stations and programs.
Mr. Robbins talked about the investments of cable companies, with emphasis on Cox Cable Communications, in the infrastructure of the cable companies. He talked about the costs associated with rate increases. He spoke about customer service, while emphasizing reformed internal policies.
The panelists answered questions from the Senators that included cable payments to broadcast stations, the cost of infrastructure, the return on investments.