Is the chorus singing "I told you so"?
Oct. 9th, 2000 11:07 amThe following from a Reuters news article:
Time Warner is requiring nearly 40 Internet companies in Texas to give up 75 percent of their subscriber fees and 25 percent of revenues from other sources such as advertising in order to gain access to its cable TV network, according to term sheets obtained by the Post.
In addition, the term sheets indicate Time Warner would get approval control over the Internet service providers' home pages and "prominent above-the-fold areas on the home page of the service for use."
I recall there being some concern, back when Time Warner first announced its $183 billion merger with AOL, that something exactly like this might happen if the deal went through. Time Warner promised to open its high-speed bandwidth (which provides access to almost 20% of cable customers nationwide) to competitors, and that seems to have pacified most of the critics.
If this move fails, I'm sure Time Warner will attempt to sally forth elsewhere. Companies like Time Warner and Microsoft, it seems to me, have a "scorpion" mentality. They may promise not to sting, but eventually, their nature will overcome their intentions.
Cheers...
Time Warner is requiring nearly 40 Internet companies in Texas to give up 75 percent of their subscriber fees and 25 percent of revenues from other sources such as advertising in order to gain access to its cable TV network, according to term sheets obtained by the Post.
In addition, the term sheets indicate Time Warner would get approval control over the Internet service providers' home pages and "prominent above-the-fold areas on the home page of the service for use."
I recall there being some concern, back when Time Warner first announced its $183 billion merger with AOL, that something exactly like this might happen if the deal went through. Time Warner promised to open its high-speed bandwidth (which provides access to almost 20% of cable customers nationwide) to competitors, and that seems to have pacified most of the critics.
If this move fails, I'm sure Time Warner will attempt to sally forth elsewhere. Companies like Time Warner and Microsoft, it seems to me, have a "scorpion" mentality. They may promise not to sting, but eventually, their nature will overcome their intentions.
Cheers...