Charter/Time Warner Cable merger nearing FCC approval

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Charter’s footprint after the proposed merger. (credit: Charter ) Federal Communications Commission Chairman Tom Wheeler is likely to support Charter’s proposed acquisition of Time Warner Cable (TWC) and may circulate a proposal to approve the merger with conditions “as soon as this week,”  The Wall Street Journal reported last night, citing “people familiar with the matter.” Wheeler would be circulating a draft order to fellow commissioners, a preliminary step to approving the deal. “The order would impose a number of conditions on the transaction, many of them aimed at boosting online video as a competitor to cable,” the Journal reported. “One condition would bar Charter from including clauses in its pay-TV contracts that restrict a content company’s ability to offer its programming online or to new entrants, the people said. FCC officials worry those clauses, which are thought to be widespread in the pay-TV marketplace, could be impeding the growth of online video.” Read 8 remaining paragraphs | Comments

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Charter/Time Warner Cable merger nearing FCC approval

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