FCC Chairman Kevin Martin's sweeping regulatory reform campaign for the cable TV industry completely lost steam yesterday, as two FCC commissioners (Martin's fellow Republicans) declined to accept his argument that the industry had passed through the 70/70 threshold (70% U.S. market coverage and 70% subscriber acceptance).
If Martin's agenda would have moved ahead, cable TV players would have had to accept much more stringent regulation. Still, the one piece of Martin's plan that did earn support is not insignificant. Cable companies will be forced to sharply cut their rates for leased channel access.
For more:
- see this piece in Multichannel News
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