Electronic Comment Filing System

ECFS Filing Proceeding: 10-56
Name of Filer: Bloomberg LP
Author: Stephen Diaz Gavin
Lawfirm: Patton Boggs LLP
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Type of Filing: LETTER
Exparte Presentation: NO
Date Received: 6/24/10
Date Posted: 6/25/10 7:19 PM
Address: 2550 M Street NW Washington, DC 20037-1350
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PATTON B066SllP ATTGRMlYS AT LAW June 24, 2010 VIA HAND DELIVERY Ms. Marlene H. Dortch Secretary Federal Communications Commission 445 Twelfth Street, S.W. Washington, DC 20554 CILED/,<\CCEPTED .IUN ;; 4 ?flln i:l:ideralConlnld"'~"uL:.'"(JJjfjj'jll~trJlI,' Office of tile SecretarY 25S0 MStreet, NW WashIn91or~,lJC m0l7 1350 jD2-~J':-fiU(JU Facsimileln7-~JI-[j:W) wwwpattonboQgs com Sterlll'lll)iJ~\;:\YIIl 2u2- 457· (>141 ) :;gJ\'II1@r'(tl{,I1I"I.....'i~com Re: REDACTED - FOR PUBLIC INSPECTION III Ihe Maller olAppliealiom olComeasl CO/poralioll, Gel/eral Elalrie Company alld NBC (In;l,erJal, 1l1c.for COIIJelil 10AJJ~RIIU"nJeJ or Transfer COlilrol olLjwlmJ, MB Docket No. 10-56 Dear Ms. Dortch: On behalf of Bloomberg, L.P., and in accordance with the First and Second Protective Orders adopted in this proceeding, please find enclosed and original and two copies of the Bloomberg, L.P.'s Erratum to Petition to Deny and Exhibit 4, redacted for public inspection. Highly Confidential and Confidential versions of Bloomberg, L.P.'s Erratum to Petition to Deny and Lxhibit 4 are being filed simultaneously with the Office of the Secretary under separate cover. (;':.:.:AC/):.-':,:;·~i?t:"';1 U':.;~.i\8CDr O±L._ 'IV i:l , Ii : n III ,) II :! I: NOllher'lVlrr~lnlaNew JclSr'v N,".'1 Yo r~Delli a~[I !' II " i~I PATTON BOGGSllP .II0RHYS Al lU Ms. Marlcnc H. Dortch June 24, 2010 Page 2 Two copies of each the Highly Confidential version and Confidential version of the Bloomberg Erratum to Petition to Deny and Exhibit 4 are being simultaneously delivered to Vanessa I-,cmme, Industry Analysis Division, i\fedil Bureau, Federal Commurucations Commission, 445 12th Street, S.W., Washington, D.C. 20554, and a Highly Confidential version is being~entto the Submitting Parties through counsel. Very truly yours, ClJllflJ/:ljor Bloom/JeT?,. L. P. Enclosure:" SDC;:rea REDACTED FOR PUBLIC INSPECTION F:jl c- '-cOIAC C£P?C::D ,fUN 24 .'edoral C 1010 Before the ' o,omrnunlco'l Illf, Q(,OfJs C FEDERAL COMMUNICATIONS COMMISSION ceoflheS.cr",onll";SSlOIl qarv Washington, D.C. 20554 . In the Matter of Applications for Consent to the Transfer of Control of Licenses General Electric Company. Transferor, To Comcast Corporation, Transferee To: The Commission: ) ) ) ) ) ) ) ) ) ) ) ) ORIGINAL Docket No. MB 10-56 ERRATUM TO PETITION TO DENY BLOOMBERG, L.P. ("Bloomberg"), hereby submits this Erratum to correct typographical and grammatical errors in its Petition to Deny submitted on June 21, 2010 in the above-referenced proceeding. The specific corrections are set forth below and in the attached, corrected Petition to Deny: I. In the first paragraph of the Executive Summary, Bloomberg removed the footnote at the end of the second sentence and added the citation to the end of the second sentence, to read as follows: GE and Comcast have not met their burden to demonstrate that the application serves the public interest. 47 V.S.c. § 31O(d). 2. In the first paragraph of the Executive Summary, Bloomberg removed the word "tier" from the third sentence, to read as follows: 5103423.01 1 REDACTED FOR PUBLIC INSPECTION In the alternative, if the Commission determines to grant the application, it must require Comcast's acceptance of the conditions set forth in Exhibit I to the Petition, specifically including but not limited to "neighborhooding" of all existing business news channels with CNBC, i.e., carriage of the business news channels on contiguous and adjacent channels wherever tier CNBC is carried. In the absence of the imposition of such conditions, the Commission would have to compel the divesture of CNBC if it were to grant the Application. 3. In the second paragraph of the Executive Summary, Bloomberg added to word "is" to the first sentence, to read as follows: Bloomberg's television news service, Bloomberg TV®, an internationally recognized provider of financial news and information, provides 24-hour business news programming delivered over MVPDs, but is also available online. 4. In the second paragraph of the Executive Summary, Bloomberg removed the comma between "March" and "2008" in the second sentence, to read as follows: Comcast will have every incentive available to harm and discriminate against BTV to protect CNBC, which is estimated to be the second most profitable of NBC's cable networks, with an estimated profit of $333 million as of March. 2008. 5. In the fifth paragraph of the Executive Summary, Bloomberg added the words "a" and "do" in the second sentence, to read as follows: The public interest objectives considered for cable systems in the context of a review of an application like this Merger specifically include (i) ensuring cable operators or a group of operators do not impede the free flow of video programming to the consumer, including news programming, and (ii) cable operators affiliated with video programmers do not favor such programmers in determining carriage on their cable systems. 6. In the sixth paragraph of the Executive Summary, Bloomberg removed the words "bundling of' in the fourth sentence, to read as follows: In addition, Bloomberg would also be harmed by Corneas!'s ability to bundle both programming in its negotiations with other MVPDs, which could result in decisions by other MVPDs not to carry BTV, as well as advertising that would harm BTV's ability to compete in the sale of advertising aimed at the audience shared with CNBC. 5103423.01 2 REDACTED FOR PUBLIC INSPECTION 7. In the seventh paragraph of the Executive Summary, Bloomberg corrected the spelling of "MVPD" and added the word "the" to the fifth condition, to read as follows: Comcast would be prohibited from offering any discount or other inducement to any MPVPD or other distributor of news content by electronic means on the condition that such MVPD or distributor provide business news channels less favorable terms or conditions of carriage. 8. In the first full paragraph on page 3, Bloomberg changed the double quotes to single quotes in the last sentence, to read as follows: Indeed, Comcast CEO Brian Roberts has been recently quoted as saying that "NBC News is the 'single most awesome asset that comes from this deal.'" 9. In the first full paragraph on page 4, Bloomberg added the word "the" to the first sentence, to read as follows: The creation of such a combination runs directly contrary to decades of communications law and policy founded on the principle that the public interest is served by "the widest possible dissemination of information from diverse and antagonistic sources." 10. In the second full paragraph on page 4, Bloomberg added the word "of' to the third sentence, to read as follows: The vertical integration, complete with the incentive for Comcast to cause substantial harm to BTV, of CNBC's principal competitor, would threaten the elimination of the last independent news voice. 11. In the first full paragraph on page 5, Bloomberg replaced "Bloomberg TV" with "BTV" to the first sentence, to read as follows: BTV is wholly owned by Bloomberg L.P., an internationally recognized provider of financial news and information. 12. In the first full paragraph on page 5, Bloomberg added the word "is" to the second sentence, to read as follows: BTV provides 24-hour business news programming delivered over MVPDs, but is also available online. 5103423.01 3 REDACTED FOR PUBLIC INSPECTION 13. In the first paragraph on page 6, Bloomberg replaced "multichannel video programming distributor" with "MVPD" to the third sentence, to read as follows: BTY is the principal U.S. news and information channel that is not affiliated with a multichannel network owner, MYPD or other national producer of video programming. 14. In the first paragraph on page 7, Bloomberg added the word "the" to the tirst full sentence, to read as follows: When neighborhooded with CNBC, the hours BTY is watched per week increases [[_n,relative to average hours watched. 15. [n the last paragraph on page 7, Bloomberg removed the letter "s" from the last sentence, to read as follows: These international programs enjoy widespread success. Bloomberg has received numerous awards for BTY. 16. In the last paragraph on page 9, Bloomberg changed the Exhibit reference to "3" in the last sentence, to read as follows: The attached economic report by Dr. Leslie Marx, formerly Chief Economist at the Commission, concludes that CNBC and BTY are substitutes for one another. See Exhibit 3. [7. In the first paragraph on page 13, Bloomberg changed the Exhibit reference to "2" and added the word "and" to the first full sentence, to read as follows: Alternatively, the Commission could allay the harm through the imposition of the conditions proposed in Exhibit 2, specifically including restrictions on the ability of Comcast to place BTY on channel positions far from Comcast's own CNBC, restrictions on carriage termination, streamlined resolution of subscriber fee disputes, restrictions on anti-competitive practices involving sales of bundled programming and bundled advertising time, and restrictions on degrading, impeding or discouraging content distribution via the Internet. 18. In heading to the first full paragraph on page 19, Bloomberg changed the capitalization of the heading, to read as follows: 5103423.01 4 REDACTED FOR PUBLIC INSPECTION There is a long history of federal policy favoring diverse sources of news and information. 19. In the first paragraph on page 21, Bloomberg changed "BTV" to "Bloomberg" in the first full sentence, to read as follows: Bloomberg submits that a continuation of this trend is not in the public interest; the Commission must ensure that independent news outlets survive and will not be further harmed by Commission action, including approval of the Transaction. 20. In the second fu II paragraph on page 22, Bloomberg changed "FCC" to "Commission" in the first sentence, to read as follows: Competition in the provision of service to the public has long been a central goal of communications policy. Since its establishment in 1934, the Commission has been charged with guarding against anti-competitive practices 21. In the first full paragraph on page 25, Bloomberg changed the close quotation mark reference to an open quotation mark in the first sentence, to read as follows: As demonstrated in the "Economic Report on the Proposed Comcast NBC Uni versal Transaction," authored by Dr. Leslie Marx, former Chief Economist of the FCC (Exhibit 3), the Transaction will result in significant competitive harms to independent news programming that raise substantial and material questions of fact as to whether the Transaction is in the public interest. 22. In the first full paragraph on page 27, Bloomberg changed the word "over" to "a greater than" in the first sentence, to read as follows: Moreover, Comcast has a greater than over 50% market share of cable distribution in the top ten major markets, where sophisticated business news consumers are most densely concentrated. 23. In the second full paragraph on page 28, Bloomberg added the word "the" to the third sentence, to read as follows: In her report, Dr. Marx concludes that BTV and CNBC compete in the business news market. 24. In footnotes on page 32, Bloomberg added the word "at" to footnote 103, to read as follows: 5103423.01 5 REDACTED FOR PUBLIC INSPECTION Marx Report Appendix at 23. 25. In the third paragraph on page 38, Bloomberg added a hyphen between "Comcast" and "NBCU" to the first sentence, to read as foHows: The Marx Report documents both short- and long-term benefits of foreclosure. In the short term, Comcast-NBCU will increase viewers and advertising revenue for CNBC without competition from BTV. 26. In the second fuJI paragraph on page 46, Bloomberg removed a space and added a semicolon to the first sentence, to read as follows: In order to avoid this result, the Commission should adopt remedies that I) prohibit Comcast-NBCU from selling advertising on non-Comcast-owned business news channels together with advertising on Comcast networks as part of a bundled sale of advertising by Comcast; 2) prohibit Comcast-NBCU from offering discounts or other inducements to advertisers that are tied directly or indirectly to reducing or refraining from advertising purchases on any business news channel other than CNBC or any other similar Comcast-NBCU-owned business news channel; and 3) prohibit Comcast-NBCU from offering discounts or other inducements for bundled advertising purchases that include advertising on CNBC or other Comcast-NBCU-owned business news channel. 27. In the second full paragraph on page 51, Bloomberg made the word "help" plural in the first sentence, to read as follows: Diversity of ownership helps ensure that the public receives unbiased information in order to participate in the democratic process. 28. In the heading to the first fuH paragraph on page 58. Bloomberg removed the phrase "IF IT GRANTS THE MERGER APPLICATIONS" from the heading, to read as follows: IF THE COMMISSION GRANTS THE APPLICATION, IT MUST IMPOSE CONDITIONS TO PROTECT THE PUBLIC INTEREST. 29. In the heading to the first paragraph on page 61, Bloomberg changed the capitalization, to read as foHows: Bloomberg's remedies are a reasonable response to the competitive harm posed by Comcast's control over the competitor with an 85% share of the business news market 5103423.01 G REDACTED FOR PUBLIC INSPECTION 30. In the first paragraph on page 62, Bloomberg changed "requirement" to "requiring" and the capitalization of business news channels in the first sentence, to read as follows: Requiring of carriage of particular channels, in this case the business news channels. in the interest of preservation of diverse, independent sources of news and information programming is hardly unprecedented. 31. In the first paragraph on page 62, Bloomberg relocated a comma in the second sentence, to read as follows: Although the "must carry" rules applied to over-the-air broadcast stations, in ordering cable systems to carry the local broadcast signals, as well as provide carriage of leased access stations, Congress specifically intended to "assure the widest possible diversity of information sources are made available to the public." 32. In the third sentence on page 62, Bloomberg deleted a comma after footnote 164 and inserted a comma before footnote 164, to read as follows. Moreover, when it imposed the "must carry" obligation, Congress went further and required placement of channels on the same position as broadcast over-the air,IM demonstrating that Congress recognized channel placement as a similarly important objective. 33. In the last full sentence on page 62, Bloomberg deleted a comma after footnote 167 and inserted a comma before footnote 167, to read as follows. The Commission, in addition to imposing this requirement on cable MVPDs, has also determined to apply this to DBS operators, 167 with no significant difficulties encountered by either type of MVPD. 34. In the second full paragraph on page 63, Bloomberg changed the words "Business News Channels" to "business news channels" in the last sentence, to read as follows: Taking the next step of carriage that involves neighborhooding, specifically including the requirement that Comcast carry the Business News Channels on all tiers where CNBC is carried, is a reasonable way of preventing the competitive harm that Comcast has the incentive to cause to the business news channels. 5103423.01 7 REDACTED FOR PUBLIC INSPECTION 35. In the first full paragraph on page 67, Bloomberg changed the word "internet" to "Internet" in the second sentence to read as follows: For BTV, which makes its content available via television and the Internet, Comcast's proposed "TV Everywhere" could result in BTV being forced to decide between carriage on Comcast's systems and continuing to provide its highly valued content to its customers via the internet. 36. In the first full paragraph on page 69, Bloomberg changed the words "from selling" to "the sale of' in the first sentence, to read as follows: Accordingly, the Commission should prohibit the sale of advertising on non Comcast owned Business News Channels such as BTV together with advertising on affiliated Comcast networks as part of a bundled sale of advertising by Comcast without the consent of the competing Business News Channel. 37. In the first full paragraph on page 71, Bloomberg deleted the word "or" in the second sentence, to read as follows: The Commission must deny the Merger as presently proposed. 38. In the first full paragraph on page 71, Bloomberg inserted the word "so" in the third sentence, to read as follows: In the alternative, if it determines to grant the Application it can only do so with the imposition of the conditions set forth in Exhibit 2 to prevent the anti competitive harm to BTV, the last independent source of news. 39. In the Summary of Results section in Exhibit 4, Bloomberg corrected I)a. to ret1ect the changes in the respective chart by replacing "Over" with "Approximately", to read as follows: I) Baltimore, MD a. Approximately 120 channels changed on 8/25/2008 40. In the Summary of Results section in Exhibit 4, Bloomberg corrected a typographical error in 3)b. by replacing "2008-2003" with "2003-2008," to read as follows: 5103423.01 8 REDACTED FOR PUBLIC INSPECTION 2) Chicago, IL a. More than 60 channels changed on 5/14/2003 b. Small adjustments made throughout 2003-2008 (None after 2(08) 41. In the Summary of Results section in Exhibit 4, Bloomberg corrected 4)a. to reflect the changes in the respective chart by replacing the phrase, "(5 times in past 5 years)" with "(3 times in past year)," to read as follows: 4) Denver, CO a. Changes only made on specific dates (3 times in past year) 42. In the Summary of Results section in Exhibit 4, Bloomberg corrected 6)a. to reflect the changes in the respective chart by replacing the word, "Five" with "Three," to read as follows: 6) Miami-Ft. Lauderdale, FL a. Three instances where more than 30 channels were changed over the past six years 43. In the Summary of Results section in Exhibit 4, Bloomberg corrected 7)a.i. to reflect the changes in the respective chart by replacing the word, "more" with "nearly," to read as follows: 7) New York Market a. New York Section i. On June 2, 2010, nearly 60 channels were changed 44. In the Summary of Results section in Exhibit 4, Bloomberg corrected 7)d.i. to reflect the changes in the respective chart by replacing the word, "Six" with "Five," to read as follows: d. New Jersey Part 4 i. Five instances of more than 50 channels being changed in the past 8 years 5103423.01 9 REDACTED FOR PUBLIC INSPECTION June 24, 2010 5103423JJ1 10 Respectfully submitted, .d~dg~hat ~DIazGavm Kevin J. Martin Janet Fitzpatrick Moran Carly T. Didden Patton Boggs LLP 2550 M St., NW Washington, DC 20037 (202) 457-6000 REDACTED FOR PUBLIC INSPECTION General Electric Company, Transferor, Applications for Consent to the Transfer of Control of Licenses Comcast Corporation, Transferee To the Commission: Docket No. MB 10-56 Before the FEDERAL COMMUNICATIONS COMMISSION Washington, D.C. 20554 ) ) ) ) ) ) ) ) ) ) ) ) To In the Matter of PETITION TO DENY Stephen Dfaz Gavin Kevin J. Martin Janet Fitzpatrick Moran Patton Boggs LLP 2550 M St., NW Washington, DC 20037 (202) 457-6000 510330702 REDACTED FOR PUBLIC INSPECTION EXECUTIVE SUMMARY Bloomberg L.P. ("Bloomberg") submits that the Commission should deny the application for transfer of control of NBC Universal, Inc. ("NBCU") from General Electric Company ("GE") to Comcast Corporation ("Comcast"). GE and Comcast have not met their burden to demonstrate that the application serves the public interest. 47 U.S.c. § 310(d). For the reasons set forth herein, the Commission must deny the Application as filed. In the alternative, if the Commission determines to grant the application, it must require Comcasl's acceptance of the conditions set forth in Exhibit I to the Petition, specifically including but not limited to "neighborhooding" of all existing business news channels with CNBC, i.e., carriage of the business news channels on contiguous and adjacent channels wherever CNBC is carried. In the absence of the imposition of such conditions, the Commission would have to compel the divesture of CNBC if it were to grant the Application. The Merger, as filed with the Commission, will create a fully vertically and horizontally integrated communications behemoth that for the first time in the history of the regulation of the communications industry, will combine under the control of one entity - Corncast -the Nation's largest multichannel video programming distributor ("MVPO") with 24 million subscribers, two national television broadcast networks (NBC and the Telemundo Spanish-language network), the largest broadband service provider, 25 local broadcast stations, numerous cable television programming networks owned by Comcast (e.g., E! and the Golf Channel) with those of NBC Universal (e.g., CNBC and the Weather Channel), Universal movie studios and numerous on line properties. 5103307.02 REDACTED FOR PUBLIC INSPECTION Bloomberg's television news service, Bloomberg TV®, an internationally recognized provider of financial news and information, provides 24-hour business news programming delivered over MVPDs, but is also available online. Bloomberg employs more than 2300 reporters and editors worldwide, making it among the largest newsgathering organizations in the world. BTV is the last major source of news independent of either MVPDs or integrated programmers. The competitive threat posed by the combination of the Nation's largest MVPD with CNBC, BTV's principal competitor, and which currently has 85% of the business news market audience, could not be more apparent: Comcast will have every incentive available to harm and discriminate against BTV to protect CNBC, which is estimated to be the second most profitable of NBC's cable networks, with an estimated profit of $333 million as of March 2008. The Commission has the authority and a duty under the public interest standard to preserve independent sources of news and information. Promoting diversity of voices in news is a critical element of the public interest analysis. The public interest objectives considered for cable systems in the context of a review of an application like this Merger specifically include (i) ensuring cable operators or a group of operators do not impede the free flow of video programming to the consumer, including news programming, and (ii) cable operators affiliated with video programmers do not favor such programmers in detennining carriage on their cable systems. Such considerations merit special review of the Application because of the potential for Comcast to cause harm and discriminate agajnst BTV. As set forth in the Petition and the accompanying Economic Report of Dr. Leslie Marx, the transaction as proposed would adversely affect Bloomberg by giving Comcast the incentive 11 5103307.02 REDACTED FOR PUBLIC INSPECTION and ability to prefer CNBC in channel position and to exclude unaftiliated programmers like BTV from channel positions close to CNBC In addition, Comcast would have the incentive and ability to require competitors of CNBC to be carried on less widely subscribed tiers or to refuse to carry BTV and other competitors all together. Further, the Merger increases the ability and incentive of Comcast, a major Internet provider and one which has already demonstrated its ability to restrict or degrade service, to place restrictions on the online distribution of network programming as a condition of carriage. In addition, Bloomberg would also be harmed by Comcast's ability to bundle both programming in its negotiations with other MVPDs, which could result in decisions by other MVPDs not to carry BTV, as well as advertising that would harm BTV's ability to compete in the sale of advertising aimed at the audience shared with CNBC In the event that the Commission were to grant the Application, the harm can only be alleviated by the imposition of strict conditions on the merger: 1. Comcast must "neighborhood" all existing business news channels, i.e., placement of BTV and other business news channels on channel positions contiguous and adjacent to CNBC 2. Comcast is required to carryall existing business news channels on all platforms on which it carries CNBC 3. Comcast must carry BTV and other business news channels on the same tier of service as CNBC at each channel position where CNBC is carried. 4. Comcast would be prohibited from selling advertising on non-Comcast owned business news channels together with advertising on affiliated Comcast networks as part of a bundled sale of advertising by Comcast without the consent of the owner of the unaffiliated business news channel. 5. Comcast would be prohibited from offering any discount or other inducement to any MVPD or other distributor of news content by electronic means on the ill 5103307.02 REDACTED FOR PUBLIC INSPECTION condition that such MVPD or distributor provide business news channels less favorable terms or conditions of carriage. 6. Comcast would be prohibited from imposing any restriction, limitation or disincentive on the ability of competing Business News Channels to offer their content on other platforms, including but not limited to the Internet. 7. Comcast would be prohibited from offering to any MVPD or requiring any MVPD to accept any combination of NBCU's and Comcast's network programming, as a condition of receiving more favorable licensing terms than Comcast offers on an "a la carte" basis. 8. Comcast would be prohibited from diminishing or degrading the terms or level of service or quality of signal delivery of any business news channel on any of its content-distribution platforms (e.g. cable, Internet, mobile devices) without the consent of the owner of the competing business news channel. 9. Comcast must provide business news channels like BTV with non-discriminatory terms of carriage, including the provision of subscription fees. 10. There would be established an accelerated arbitration procedure to resolve such claims. IV 5103307.02 REDACfED FOR PUBLIC INSPECTION Table Of Contents I. INTRODUCTION 1 A. Bloomberg History, Recent Investments and Hires 5 B. BTV is the Last Independent Source of News and Information 6 II. BLOOMBERG HAS STANDING TOPETITION TO DENY THE APPLICATION 8 A. Bloomberg L.P. has Standing as a Competitor 8 I. Bloomberg L.P. is a Direct and Current Competitor to NBC Universal 9 2. The Comcast-NBCU Merger will Directly Injure Bloomberg L.P 11 3. Bloomberg's Injury is Fairly Traceable to the Application and Re~ressableby the Commission 12 B. Bloomberg has Standing as a Listener 13 III. THE PUBLIC INTEREST STANDARD AND RELATED OBJECTIVES OF THE ACT 15 A. Standard of Review 15 I. The Commission must review the merger to determine if it is in the public interest. 15 2. For cable mergers, the Commission should also consider whether the merger will impede the free flow of video programming 18 B. Promoting a Diversity ofViewpoints in Programming, Particularly in News Programming, is a Critical Element of Public Interest Analysis 19 I. There is a long history of federal policy favoring diverse sources of news and information 19 2. Diversity of news sources requires a competitive playing field , 20 C. Promoting Competition in Programming, Particularly in News Programming, is a Key Part of Public Interest Analysis 22 IV. THE MERGER WILL RESULT IN SPECIFIC COMPETITIVE HARM BY PROVIDING COMCAST-NBCU THE INCENTIVE AND ABILITY TO HARM AND DISCRIMINATE AGAINST INDEPENDENT NEWS PROGRAMMERS 25 A. Discriminatory Channel Placement 29 I. Neighborhooding 29 2. Tier Placement.. 33 3. Refusal of Carriage 37 B. Restrictions on Internet Distribution ofBTV .41 I. Restricting Access to BTV over the Internet .42 2. Degrading Internet Access 43 C. Discriminatory Payment Terms 44 D. Disadvantaging BTV's Ability to Obtain Advertisers .45 E. Foreclosing Carriage by Other MVPDs 46 5103307.02 REDACTED FOR PUBLIC INSPECTION V. THE COMMISSION MUST DENY THE MERGER BECAUSE THE APPLICANTS HAVE NOT DEMONSTRATED THAT THE PROPOSED TRANSACTION SERVES THE PUBLIC INTEREST AND THE HARMS OUTWEIGH THE BENEFITS 50 A. The Transaction Would Reduce the Number of Independent News Sources, thereby Reducing Viewpoint Diversity, and May Impede the Free Flow of Video Programming 51 B. The Transaction Would Reduce Diversity in Ownership and Their Commitment to Independence Does Not Mitigate That Concern 53 C. The Transaction Results in Significant Competitive Harms and Would Impair, Rather than Promote, Competition 54 I. The Commission may condition its consent to a transaction in order to address competition-related concerns 56 VI. IF THE COMMISSION GRANTS THE APPLICATION, IT MUST IMPOSE CONDITIONS TO PROTECT THE PUBLIC INTEREST 58 A. The Commission has authority to impose conditions to address public interest considerations 58 I. Neighborhooding of independent business news programming 59 2. Competing business news programming must be carried on the same tier as CNBC. 60 3. Bloomberg's remedies are a reasonable response to the competitive harm posed by Comcast's control over the competitor with an 85% share of the business news market. 61 4. The Commission should require mandatory carriage and non discriminatory terms and conditions of carriage for independent news networks on Comcast digital platforms 66 5. The Commission must prohibit any restriction, limitation or disincentive on the ability of alternative business news networks to offer their content on other platforms, including the Internet. 67 a. Ban Limitations on TV Everywhere 67 b. Protect Internet Access 67 6. The Commission should prohibit Comcast from bundling advertising time on competing business news networks with advertising time on Comcast-owned networks 68 7. The Commission should prohibit bundling for carriage of programming by Comcast 70 VII. CONCLUSION 71 5103307.02 REDACTED FUR PUBLIC INSPECTION Before the FEDERAL COMMUNICATIONS COMMISSION Washington, D.C. 20554 In the Matter of Applications for Consent to the Transfer of Control of Licenses General Electric Company, Transferor, To Comeast Corporation, Transferee To the Commission: ) ) ) ) ) ) ) ) ) ) ) ) Docket No. ME 10-56 I. INTRODUCTION PETITION TO DENY Bloomberg L.P. ("Bloomberg"), pursuant to Section 309(d) of the Communications Act of 1934, as amended (the "Communications Act"),' and Section 73.3584 2 of the Commission's Rules,3 hereby petitions to deny the above-captioned application for transfer of control of NEC Universal, Inc. ("NECU") from General Electric Company ("GE") to Comcast Corporation ("Comcast") 4 , 47 U.S.c. § 309(d) (2006 & Supp. Ill). 2 This Petition extends to all of the licenses and authorizations included in the Application. 3 47 C.P.R. § 73.3584 (2009). 4 See Applications for Consent to the Transfer of Control of Licenses, General Electric Company, Transferor, to Comcast Corporation, Transferee, Public Notice, ME Docket No. 10- 5103307.02 REDACTED FOR PUBLIC INSPECTION There are substantial and material questions of fact as to whether grant of the Comcast- NBCU Transaction will serve the public interest, in particular by permitting one company to own the single largest video distribution platfonn in the U.S. and also control the editorial content of a substantial portion of the news programming available in the United States. The proposed combination will create a fully vertically and horizontally integrated communications behemoth that for the first time in the history of the regulation of the communications industry, will combine under the control ofone entity - Comcast -the Nation's largest multichannel video programming distributor ("'MVPD") with 24 million subscribers, two national television broadcast networks (NBC and the Telemundo Spanish-language network), the largest broadband service provider, 25 local broadcast stations, numerous cable television programming networks owned by Comcast (e.g., E! and the Golf Channel) with those of NBC Universal (e.g., CNBC and the Weather Channel), Universal movie studios and numerous on-line properties. Specifically, the proposed merger would harm the public interest by granting Comcast- NBCU the ability and incentive to cause harm to, and discriminate against, independent programmers in order to restrain competition. This discrimination threatens imminent injury to independent programmers -- particularly independent news programmers -- and this will negatively affect the viewing public. The Commission must deny the Application as currently proposed. In the alternative, if the Commission were to grant the Application, it must insist upon strict and enforceable conditions on the Merger - in addition to and independent of present mechanisms such as the 56, DA 10-457 (Mar 18,2010) (hereinafter, the applications referred to therein, "Application" and the transaction referred to therein, the "Transaction" or the "Merger"). 2 5103307.02 REDACTED FOR PUBLIC INSPECTION program carriage rules - to prevent Comcast from acting in ananti~competitivemanner to protect its substantial interest in NBC Universal's programming. If the Commission does not adopt such conditions, the Commission should require divestiture of CNBC. Of particular concern is the area of news and information programming. Following consummation of the Merger, one entity will control several major news outlets including NBC News, MSNBC, CNBC, the Spanish-language Telemundo news programming and the Weather Channel, as well as regional news channels such as New England Cable News. The news programming networks are critical to the Merger. Of these programming networks, CNBC is the second most profitable property in the Transaction. 5 Indeed, Comcast CEO Brian Roberts has been recently quoted as saying that "NBC News is the 'single most awesome asset that comes from this deal. ",6 Bloomberg's television news service, Bloomberg Television® ("BTV"), the only worldwide 24-hour business and financial television network, is a party "likely to be financially injured" by the proposed combination 7 Grant of the Application will provide Comcast the ability to, and create substantial incentives for, Comcast to acutely harm and discriminate against 5 Andrew Edgecliffe Johnson, CNBC Profits From A Crisis, http://cacheUt.comJcms/s/0/58992544-0b77-1Idf-8232-00144feabdcO,sOI=I.html?SID=google (last visited June 4, 2010) ("NBC Universal does not disclose such numbers, but CNBC is reputed to have become its second-most lucrative channel after USA Networks, with an operating profit of between $300m and $400m. As such, it serves as a microcosm of what Comcast sees in NBC Universal"). 6 Joe Flint, Comcast CEO Brian Roberts Says Cable Gets Bum Rap and he likes 'Californication', LA TIMES, May 11,2010, available at http://latimesblogs.latimes.comJentertainmentnewsbuzz/20I0/05/comcast-ceo-brian-roberts-says cable-gets-bum-rap-and-he-likes-californication.html. 7 See FCC v. Sanders Bros. Radio Station, 309 U.S. 470, 477 (1940). 3 510330702 REDACTED FOR PUBLIC INSPECTION BTV. Specifically, Comcast will be able to maximize its subscriber and advertising revenue for CNBC at the expense of BTV without the threat of losing MVPD customers. The creation of such a combination runs directly contrary to decades of communications law and policy founded on the principle that the public interest is served by "the widest possible dissemination of information from diverse and antagonistic sources."g The Transaction not only merges two currently independent news voices, but also creates an entity that will have every incentive and ability to foreclose other independent sources of news and information. The Commission can only grant the Application with the imposition of substantial conditions to prevent anti-competitive practices and conduct by the entity controlled by Comcast. If the Commission does not adopt such conditions, it should require divestiture of CNBC. In the alternative to such a condition, it must designate specific operational conditions, as well as remedies to ensure the enforcement of the conditions, as set forth in Exhibit 2. The proposed Merger will result in an unprecedented vertically integrated media venture, which will control a significant amount of programming content. The merged venture will also have the capacity to substantially harm competitors' programming, particularly in the area of news. The vertical integration, complete with the incentive for Comcast to cause substantial harm to BTV, of CNBC' s principal competitor, would threaten the elimination of the last independent news voice. The Merger, therefore, requires a concomitant, unprecedented level of g Associated Press v. United States, 326 U.S. 1,20 (1945). The Commission has long held that the public interest standard obliges it to review the impact of mergers on competition, even those nominally complying with the various media ownership rules. See generally Applications of Great Scott Broadcasting, Assignor and Nassau Broadcasting II, L.L.c., Assignee, Memorandum Opinion and Order, 17 FCC Red 5397, 5398 'Jl2 (2002). 4 5103307.02 REDACTED FOR PUBLIC INSPECTION scrutiny by the Commission. The Commission cannot approve the Merger in the form presently proposed by GE and Comcast. A. Bloomberg History, Recent Investments and Hires BTV is wholly owned by Bloomberg L.P., an internationally recognized provider of flOancial news and information. BTV provides 24-hour business news programming delivered over MVPDs, but is also available online. Although BTV was launched in 1994, it was initially targeted to serve the narrow market of professional investors who were already clients of Bloomberg's tenninal services. However, beginning about 18 months ago, Bloomberg TV was redesigned to appeal to a much wider audience. Under its new management, Bloomberg is taking steps to take full advantage of the company's extensive resources as one of the world's largest and most respected business news organizations. Bloomberg employs more than 2300 reporters and editors worldwide, making it among the largest newsgathering organizations in the world. BTV hired Andy Lack, former chairman and CEO of Sony Music Entertainment, President and COO of NBC, and President of NBC News to head its radio, television, and interactive divisions. BTV also hired Norman Pearlstein, former top editor of Time and The Wall Street Journal, to be its chief content officer. BTV also hired an entirely new management team. As a result, BTV is fast becoming a formidable competitor to CNBC, currently the dominant provider of televised business news, as well as Fox Business News. Where it has been able to compete on a level playing field with CNBC, Bloomberg TV has already shown the ability to tbreaten and in some cases in Europe surpass its longer-established rival. Indeed, abroad, BTV is already one of the world's largest and most trusted information sources. 5 5103307.02 REDACTED FOR PUBLIC INSPECTION B. BTV is the Last Independent Source of News and Information BTV is the principal U.S. news and information channel that is not affiliated with a multichannel network owner, MVPD or other national producer of video programming. BTV is the last source of independent news, analysis and information, unencumbered by editorial and content pressures from affiliated MVPDs or national programming networks. As discussed in greater detail below, the Commission has historically been very concerned about preserving and advancing independent sources of news and information. In an era of increased media consolidation, ensuring that the public maintains access to independent sources of news and information, such as BTV, is critically important to the public interest. Indeed, the opportunity to express diverse viewpoints lies at the heart of our democracy. As an independent news source, BTV contributes to a robust marketplace of ideas reflecting varied perspectives and viewpoints on business news and information. The recent financial crisis and its impact on the nation as a whole only underscores the need for objective business news and analysis. C. BTV Success On Satellite and Abroad Whenever BTV is placed near CNBC, and allowed to compete for viewers fairly, BTV's viewership significantly increases. For example, in the U.S., BTV has significantly more viewers when carried on satellite systems, which have channel "neighborhoods" with BTV placed near CNBC, than on cable systems, where BTV is not. Such placement of BTV on 6 5103307.02 REDACTED FOR PUBLIC INSPECTION channels near to CNBC increases viewership by [[_]]9 When neighborhooded with CNBC, the hours BTV is watched per week increases [[_JJ, relative to average hours watched. 10 In fact, when BTV was simulcast in the morning by the USA Network from 2001-2003, which was prior to NBC's acquisition of USA Network, at which time carriage of BTV was dropped, BTV occasionally outdrew CNBC during the critical early morning "prime time" hours. I I Similarly, BTV has significantly higher viewership when it is carried on cable systems in non-U.S. markets where its channel is neighborhooded with CNBC and similar news programming. [[ support its wide international viewership, Bloomberg TV broadcasts through Bloomberg Asia, Bloomberg Europe, and Bloomberg USA. I3 News bureaus in London, Hong Kong, and Beijing - to name only a few - broadcast internationally at varying times throughout the day. These international programs enjoy widespread success. Bloomberg has received numerous awards for BTV. 14 9 See Exhibit 3, Dr. Leslie M. Marx, Professor of Economics, Duke University and former Chief Economist, Federal Communications Commission, Economic Report on the Proposed Comcast NBC Universal Transaction at Appendix at 23 ("Marx Report"). to Marx Report Appendix at 23. II USA Weekly Report Spreadsheet. 12 [[ JJ 13 Bloomberg Television, http://www.bloomberg.com/medialtv/ (last visited June 4,2010). 14 Bloomberg Television, About Bloomberg, News Awards, http://about.bloomberg.com/news_awards.html (last visited June 4, 2010). 7 5103307.02 REDACffiD FOR PUBLIC INSPECTION II. BLOOMBERG HAS STANDING TO PETITION TO DENY THE APPLICATION Bloomberg has standing to petition the Commission to deny the Application in the Comcast-NBCU merger as a party in interest 15 in that it has both "competitor" standing 16 and "listener" standing. I? As set forth below, BTV satisfies the constitutional threshold elements to establish standing, viz., whether as a listener or competitor, Bloomberg will suffer an injury-in- fact that is traceable to the proposed merger/license transfer applications, and a grant of this Petition to Deny would likely redress BTV's injury.18 BTV's very existence as a viable independent television network is threatened by the harms that result from the merger. Since BTV's injuries stem directly from the proposed merger, the resulting harms are neither hypothetical nor conjectural, but, in fact, concrete and particularized, imminent injuries. 19 A. B1nomberg L.P. has Standing as a Compelitor Establishing competitor standing requires that "the party seeking to establish standing... must demonstrate that it is a direct and current competitor whose bottom line may be adversely 15 47 U.S.c. § 309(d). 16 See FCC v. Sanders Bros. Radio Station, 309 U.S. 470, 471-72 (1940). I7 See Office ofCommc'n of United Church of Christ v. FCC, 359 F.2d 994,1002 (D.C. Cir. 1966). 18 See New World Radio, Inc. v. FCC, 294 F.3d 164,170 (D.C. Cir. 2(02) (citiQg Jersey Shore Broad. Corn. v. FCC, 37 F.3d 1531, 1535 (D.C. Cir. 1994)); Liberty Prods.. a Ltd. P'ship WOXL-FM, Biltmore Forest, NC, Letter, 20 FCC Rcd 11987, 11990 (July 7,2005). 19 New World Radio, 294 F.3d at 170 (citing SunCom Mobile & Data Inc. v. FCC, 87 F.3d 1386, 1388 (D.C. Cir. 1996). 8 5103307.02 REDACTED FOR PUBLIC INSPECTION affected by the challenged government action."zo A party has standing if its likely financial injury concretely results from the challenged action 2l I. Bloomberg L.P. is a Direct and Current Competitor to NBC Universal Bloomberg video news service, BTV, is "a direct and current competitor" of the proposed Comcast-NBCU combination's CNBC. That CNBC and BTV are direct and current competitors as is clear from their many common characteristics. The attached economic report by Dr. Leslie Marx, formerly Chief Economist at the Commission, concludes that CNBC and BTV are substitutes for one another. See Exhibit 3. 22 CNBC describes itself as "the recognized world leader in business news, providing real- time financial market coverage and business information to more than 340 million homes worldwide, including more than 95 million households in the United States and Canada.,,2] CNBC produces and distributes its "Business Day programming weekdays from 5:00 a.m.- 7:00 p.m. ET.,,24 BTV is the only worldwide 24-hour business and fmancial television network. Its programming is created exclusively by Bloomberg's own Bloomberg News® service 25 As a result, the approval of the Application will have a direct and imminent effect on the financial performance of CNBC and BTV. The difference in the effect is critical: unless the conditions to 20 Mobile Relay Assocs v. FCC, 457 F.3d I, 13 (D.C. Cir. 2006) (quoting KERM, Inc. v. FCC, 353 F.3d 57, 60 (D.C. Cir. 2004)); New World Radio, 294 F.3d at 170. 21 New World Radio, 294 F.3d at 170 (citing FCC v. Sanders Bros. Radio Station, 309 U.S. 470, 471-72,477 (1940». 22 Marx Report at 16. 23 CBNC, About CNBC, http://www.cnbc.com/id!l5907487/(last visited May 27, 2010). 24 rd. 9 5103307.02 REDACTED FOR PUBLIC INSPECTION the Transaction outlined herein are imposed, once CNBC has become affiliated with the largest video programming distributor in the nation, BTV will immediately be placed at a competitive disadvantage, adversely affecting its bottom line, U _]]26 Thus, the Merger will result in concrete injury to Bloomberg 27 Upon the closing of the Merger, Comcast, the country's largest MVPD, which has nearly 24 million cable customers,28 would control CNBC. In addition to its cable television content, CNBC provides online video content, CNBC Mobile content, direct broadcast satellite audio content, and other services. 29 CNBC and BTV are direct competitors in the provision of such business news and information programming. Like CNBC, BTV is a cable television business news channel serving audiences in the United States and abroad. Bloomberg provides online video content, mobile content, broadcast radio content, and direct broadcast satellite audio content, among other services 30 Both BTV and CNBC provide financial news and analysis. 25 Bloomberg, Bloomberg News, http://about.bloomberg.com!news_television.html(last visited May 27, 2010). 26 New World Radio, Inc. v. F.C.C., 294 F.3d 164, 170 (D.C. Cir. 2002). 27 As set forth in the attached Declaration of Andrew Lack, CEO of Multimedia of Bloomberg L.P. (Exhibit 1 hereto), he has personal knowledge of the facts described herein regarding Bloomberg's standing as a party in interest and the proposed transaction's inconsistency with the public interest. Applications for Consent to the Assignment and/or Transfer of Control of Licenses, Adelphia Commc'ns Corp., et aI., Memorandum Opinion and Order, 21 FCC Rcd 8203,8215-16 '11'11 18-20 (2006) ("Adelphia"). 28 Comcast, Comcast Corporate Overview, http://www.comcast.com!corporate/about/pressroom!corporateoverview/corporateoverview.html (last visited June 4). 29 See generally, CNBC, http://www.cnbc.com. 30 See generally, Bloomberg TV, http://www.bloomberg.com. 10 5103307.02 REDACTED FOR PUBLIC INSPECTION Both feature prominent economists and fmancial analysts. As such, BTV and CNBC compete intensely with each other for guest speakers and advertisers. 2. The Comcast-NBCU Merger will Directly Injure Bloomberg L.P. The direct injury takes the form of a competitive disadvantage in terms of carriage on the Comcast systems, which would become affiliated with CNBC, including: (I) channel positioning (~,the ability to obtain "neighborhooding,"); (2) tiering, (3) termination of carriage, (4) limitations on distribution of Internet content, (5) anticompetitive practices involving bundling of rates to favor CNBC and other Comcast-affiliated cable channels, (6) anticompetitive practices involving bundling of advertising. Congress and the Commission have previously recognized the harm that increased horizontal concentration and vertical integration in the cable industry have created an imbalance of power between cable operators and program vendors[;] ... vertically integrated cable operators have the incentive and ability to favor affiliated programmers over unaffiliated Rrogrammers with respect to granting carriage on their systems. I Courts have recognized future competitive disadvantages resulting from governmental action as injuries-in-fact.32 31 Implementation of Sections 12 and 19 of the Cable Television Consumer Protection and Competition Act of 1992, Second Report and Order, 9 FCC Rcd 2642, 2643'11 2 (1993). 32 Adams v. Watson, 10 F.3d 915, 922 (1st Cir. 1993) ("future injury-in-fact is viewed as "obvious" since government action that removes or eases only the competitive burdens on the plaintiffs "rivals" plainly disadvantages the plaintiffs competitive position in the relevant marketplace" (emphasis added)); Baur v. Veneman, 352 F.3d 625, 633 (2d Cir. 2003) ("the courts of appeals have generally recognized that threatened harm in the form of an increased risk of future injury may serve as injury-in-fact for Article III standing purposes") (citing Friends of the Earth, Inc. v. Gaston Copper Recycling, Corp., 204 F.3d 149, 160 (4th Cir. 2000)). 11 5103307.02 REDACTED FOR PUBUC INSPECTION As the attached economic report makes clear, the competitive injury facing BTV from the Comcast-NBCU merger is not only a direct injury, but is also a concretely quantifiable and imminent one. Specifically, the failure to neighborhood BTV with CNBC reduces the probability of viewing BTV by [[_].33 BTV could lose its access to Comcast viewers entirely, or lose viewers due to an unfavorable channel position on a remote, less viewed cable tier. Comcast-NBCU's incentive and ability to bundle its programming could foreclose BTV's carriage on non-Comcast MVPD systems 34 Comcast-NBCU's ability to bundle advertising may limit access to key advertisers. Comcast's ability to restrict online distribution of cable network content will significantly damage BTV's ability to serve existing customers and gain new customers. 3. Bloomberg's Injury is Fairly Traceable to the Application and Redressable by the Commission The causal link between the Application and Bloomberg's injury-in-fact is clear. The proposed transfer of licenses is necessary to facilitate a merger of Comcast and NBCU. Ifthe Commission grants the Application as proposed, the merger will proceed, leading to the vertical integration of CNBC into the largest MPVD, Comcast, which has the power to determine channel position for BTV - indeed, even whether BTV can survive as a competitor to CNBC. Bloomberg's injuries are redressable through denial of the Application. A denial of the Application would eliminate the imminent injury facing Bloomberg because the license transfer 33 Marx Report Appendix at 23. 34 See General Motors Corp. and Hughes Electronics Corp and The News Corp., Memorandum Opinion and Order, 19 FCC Rcd 473. 478 'II 4 (2004) (internal citations omitted) (merger of content provider with MVPD threatens foreclosure bargaining strategies for programming by vertically integrated entity) (hereinafter, "News Corp."). 12 5103307.02 REDACTED FOR PUBLIC INSPECTION is a prerequisite to the Comcast-NBCU merger. Alternatively, the Commission could allay the harm through the imposition of the conditions proposed in Exhibit 2, specifically including restrictions on the ability of Comcast to place BTV on channel positions far from Comcast's own CNBC, restrictions on carriage termination, streamlined resolution of subscriber fee disputes, restrictions on anti-competitive practices involving sales of bundled programming and bundled advertising time, and restrictions on degrading, impeding or discouraging content distribution via the Internet. B. Bloomberg has Standing as a Listener Aside from standing as a direct competitor to CNBC, Bloomberg also has standing to petition the Commission to deny the Application as a "listener" or member of the public viewing NBC broadcast stations.J5 Like competitor standing, a petitioner asserting listener standing must, in addition to being a listener, also meet the basic requirements for Article III standing. 36 The listener must allege an injury-in-fact, that the injury is remediable and fairly traceable to the . 37 agency actIOn. As a resident of a NBC broadcast station service area and a viewer, Bloomberg "can assert a possible injury to a legally protected interest. .. as 'spokesman' for a station's entire 35 See United Church of Christ, 359 F.2d at 1002. See also the attached Declaration of Andrew Lack, who resides in Bronxville, New York, a regular viewer of NBC programming. As an Officer of Bloomberg, his individual listener standing may be imputed to Bloomberg, L.P. itself. See Application of WGSM Radio, InC., Assignor, et aI., Memorandum Opinion and Order, 2 FCC Red. 4565 'J[ 4 (1987). 36 See supra note 18 and accompanying text. 37 Id. 13 5103307.02 REDACTED FOR PUBLIC INSPECTION audience.,,38 The injury facing a viewer is not based on competitive disadvantages or adverse effects to the bottom line, but rather "material impairment of [a viewer's] hopes or expectations.',39 Further, such standing exists when faced with an injury caused by the grant of an application that seriously impacts the public interest. For example, the D.C. Circuit has affirmed the granting of standing to a listener on the basis that such listener is injured when grant of applications would contravene policies underlying the Communications Act and FCC rules and policies because "the FCC serves (at Congress' behest) as the public's proxy in assuring, through the apparatus of agency licensure, that media outlets in the same market do not fall into a small number of closely related hands.,,40 Here, the proposed merger threatens long established Commission policies favoring independent ownership of news providers." Grant of the Application would ultimately result in marginalizing or destroying BTV, and further reduce the number of independently owned news providers, which is contrary to the FCC's long established policies of promoting independently owned news providers and not in the public interest. 38 Huddy v. FCC, 236 F.3d 720, 722 (D.C. Cir. 2001) (citing United Church of Christ, 359 F.2d at 1002). 39 Id. at 723 (citing Jaramillo v. FCC, 162 F.3d 675, 677 (D.C. Cir. 1998)). 40 Llerandi v. FCC, 863 F.2d 79, 85 (D.C. Cir. 1988) ("The ultimate point of the duopoly rule is, after all, to assure (or at least enhance) diversification of viewpoints within the broadcast industry. That is, the FCC serves (at Congress' behest) as the public's proxy in assuring, through the apparatus of agency licensure, that media outlets in the same market do not fall into a small number of closely related hands. Listeners are, by defmition, 'injured' when licenses are issued in contravention of the policies undergirding the duopoly rule.") (emphasis added). 41See~FCC v. Nat'l Citizens Comm. for Broad., 436 U.S. 775, 784 (1978) ('The Commission suggested that the proposed [cross-ownership] regulations would serve 'the purpose of promoting competition among the mass media involved, and maximizing diversification of service sources and viewpoints"'). 14 5103307.02 REDACTED FOR PUBLIC INSPECTION III. THE PUBLIC INTEREST STANDARD AND RELATED OBJECTIVES OF THE ACT. A. Standard of Review. 1. The Commission must review the merger to determine if it is in the public interest. When the Commission considers applications to transfer licenses in a transaction like the proposed merger underlying the Applications here, it must "determine whether the transaction serves the broader public interest.,,42 The rapidly developing telecommunications industry requires, and the law recognizes, that the "public interest, convenience and necessity,,43 standard develops with time 44 Nonetheless, there are several overriding considerations which constitute the Commission's public interest analysis 45 In reviewing the Application, the Commission must determine first whether the transaction would result in a violation of the Communications Act or of the Commission's rules; second, whether the transaction would "frustrate or impair" the implementation of the Communications Act, Commission rules, or the policy objectives thereof; and third, whether the 42 News Corp. at 484 'II 17. 43 47 U.S.C. § 31O(d). 44 Greater Boston Television Corp. v. FCC, 444 F.2d 841, 852 (D.C. Cir. 1970) ("an agency's view of what is in the public interest may change" when the agency reasonably explains such changes). 45 Applications for Consent to the Transfer of Control of Licenses and Section 214 Authorizations by Time Warner Inc. and America Online. Inc., Transferors, to AOL Time Warner Inc., Transferee, Memorandum Opinion and Order, 16 FCC Red 6547, 6555'11 20 (Jan. 11, 2001) ("AOL"). 15 5103307.02 REDACTED FOR PUBLIC INSPECTION transaction "promises to yield affirmative public interest benefits.,,46 The Commission's policy is shaped by Congress and deeply rooted in a preference for competitive processes and outcomes. 47 Under this public interest standard, the Commission has the authority and duty to preserve independent sources of news and information. The "public interest evaluation under Section 31O(d) necessarily encompasses the 'broad aims of the Communications Act,' which includes, among other things, preserving and enhancing competition in relevant markets, ensuring that a diversity of voices is made available to the public, and accelerating private sector deployment of advanced services.,,48 The Commission must consider whether the Transaction would "frustrate implementation or enforcement" of the federal communications policies. These policies and objectives include the preservation of robust and independent sources of news and information programming, prevention of anti-competitive behavior by MVPDs and preservation of competition in the programming markets affected by a proposed merger. In other words, the Commission considers whether the proposed merger "could result in public interest harms by substantially frustrating or impairing the objectives or implementation of the [Communications] Act and related statutes.',49 46 rd. 47 News Com. at 484 'I[ 14. 48 Application of EchoStar Communications Comoration, General Motors Corporation, and Hughes Electronics Corporation, Transferors, and EchoStar Communications Corporation, Transferee, Hearing Designation Order, 17 FCC Rcd 20559, 20575 'I[ 26 (2002) (hereinafter "EchoStar"). 49 Adelphia at 8217 'I[ 23. 16 5103307.02 REDACTED FOR PUBLIC INSPECTION This review does not occur in a vacuum. Broadly, the Commission considers developments of technology, changes in the communications marketplace, and future trends in the industry.50 More narrowly, the Commission considers not only the specifics of the individual license transfer applications, but also "all relevant issues raised by the transactions that in [the Commission's] judgment may significantly affect the public interest.,,51 The Commission's review is a balancing act. The Commission must "weigh the potential public interest harms of the proposed transaction against public interest beneflts[.],,52 The Commission should not approve the merger unless it finds that the transaction, on balance, serves the public interest and convenience.53 With respect to each element of the public interest review, the Applicants carry the burden of proof. 54 They must demonstrate by a preponderance of the evidence that the transaction will advance the public interest. 55 That is to say, the stronger weight of evidence before the Commission regarding the proposed transaction must demonstrate that it, on balance, h bl " 56 serves t e pu IC [fiterest. 50 Id. at 8218 'j[ 24. 51 Id. at 8220 'Il28. 52 AOL at 6554 'j[ 19. 53 I ,Jl, 'j[22. 54 Adelphia at 8218 'j[ 24; News Corp. at 483 'j[ 15; AOL at 6554 'j[ 19. 55 47 V.S.c. §§ 308, 31O(d); Adelphia at 8218 'j[ 24; News Corp. at 483 'j[ 15; AOL at 6554 'j[ 19. 56 See, e.g.. Applications for Consent to the Transfer of Control of Licenses and Section 214 Authorizations from Tele-Communications, InC., Transferor to AT&T Corp., Transferee, Memorandum Opinion and Order, 14 FCC Rcd 3160, 3168-70'j['j[ 11-15 (1999) (hereinafter "AT&T-TCI Order"). 17 5103307.02 REDACTED FOR PUBLIC INSPECTION The burden is on Comcast and GE to demonstrate that the merger would serve the Public Interest.57 As set forth herein, the Applicants have not met that burden. 2. For cable mergers, the Commission should also consider whether the merger will impede the free flow of video programming. The public interest objectives for cable systems include ensuri\1g "that no cable operator or group of cable operators can unfairly impede... the flow of video programming from the video programmer to the consumer;" and that "cable operators affiliated with video programmers do not favor such programmers in determining carriage on their cable systems.,,58 Thus, when the Commission is undergoing its traditional public interest analysis it should consider these public interest objectives. Indeed, Congress' concern regarding unfairly impeding the flow of video programming to consumers stems, in part, from the increased vertical integration ofcable operators and programmers.59 The Commission has noted that increased vertical integration can lead "programmers to favor affiliated over non-affiliated operators in the distribution of video programming" and "unfairly impede the flow of video programming to consumers.,,60 Thus, "[i]n analyzing MVPD transactions, the Commission... examiners] whether the transactions are 57 47 V.S.c. §§ 308, 31O(d). 58 47 V.S.C. § 533(f)(2)(A), (B). 59 Adelphia at 8224 'l! 34. 60 Id. 18 5103307.02 REDACTED FOR PUBLIC INSPECTION likely to contravene Commission policy goals by analyzing the potential effects the transactions may have on MVPD competition and on the flow of video programming to consumers.,,61 n. Promoting a Diversity of Viewpoints in Programming, Particularly in News Programming, is a Critical Element of Public Interest Analysis. I. There is a long history of federal policy favoring diverse sources of news and information. Public interest analysis includes "ensuring that a diversity of voices is made available to the public.,,62 The Commission must preserve viewpoint diversity in news programming to ensure that the public interest is well served. To preserve that diversity in news programming, the Commission should be mindful of a transaction's impact on independence in news programming. The First Amendment "rests on the assumption that the widest possible dissemination of information from diverse and antagonistic sources is essential to the welfare of the public, that a free press is a condition of a free society.,,63 To promote competition and improve viewpoint diversity, the Commission's media ownership rules limit the number and types of same-market media outlets in which a company may hold an interesl,64 In adopting its ownership rules, the Commission concluded "that the proposed [cross-ownership] regulations would serve 'the purpose of promoting competition among the mass media involved, and maximizing diversification of service sources and 61 Id. at 8234 'II 60 & n.220 (noting that "these goals are embodied in various statutory provisions, including § 613(f)... of the 1992 Act"). 62 News Corp at 483-84 'II 16. 63 Associated Press v. United States, 326 U.S. 1,20 (1945). 64 47 C.F.R. §73.3555(c), (d). 19 5103307.02 REDACTED FOR PUBLIC INSPECTION viewpoints.",65 Although the FCC eliminated the cross-ownership rules, it has retained its ability to review these public interest harms. 66 Thus, the Commission recognizes the significance of these harms and the need to address them in reviewing a merger 67 Here, Comcast will control two national news networks (NBC News and Telemundo), MSNBC and CNBC, the dominant business news channel, as well as news and information programs like the Weather Channel and regional news channels. Business news has become even more important during the recent U.S. and European financial crises. The adverse effect of the Merger is even more pronounced because only CNBC, Fox, and BTV provide such focused programming. If the Commission approves the Transaction, BTV will be the only such independently owned news outlet remaining. 2. Diversity of news sources requires a competitive playing field. The migration of advertising revenue from traditional models to new distribution platforms has already strained independent news sources. The Commission must take steps to ensure that a diversity of voices will remain after the Transaction. It must address any potential harm to news programmers that might occur as a result of the Merger. Financial difficulties are forcing independent news outlets of all types to reduce costs, resulting in less news being available to consumers. These financial difficulties impact 65 Nat'l Citizens. 436 U.S. at 784; 2006 Ouadrennial Regulatory Review - Review of the Commission's Broadcast Ownership Rules and Other Rules Adopted Pursuant to Section 202 of the Telecommunications Act of 1996, Report and Order and Order on Reconsideration, 23 FCC Red 2010 'II 84 ("cross-ownership rules aim to maintain a vibrant marketplace of ideas to ensure a diversity of editorial content") ("Media Cross Ownership Order"). 66 Adelphia at 8234 'II 60. 67 Id. 20 5103307.02 REDACTED FOR PUBLIC INSPECTION independent sources of business news. For example, newspapers have eliminated separate business sections and reduced resources devoted to coverage of economic and financial issues. 68 Bloomberg submits that a continuation of this trend is not in the public interest; the Commission must ensure that independent news outlets survive and will not be further harmed by Commission action, including approval of the Transaction. Approval of the Transaction will vertically integrate the largest MVPD with the major business news provider, CNBC. This combination will further reduce the shrinking number of independent news sources. 69 Moreover, the combination of distribution and content will endanger and possibly foreclose independent voices. Given the difficulties experienced by independent news organizations, ensuring access to, and a level playing field for, independent news sources is increasingly important to the public 68 This has included prominent, national newspapers like The Washington Post. Eric Krangel, Washington Post Bids Goodbye to its Business Section, THE WASHINGTON POST, March 13, 2009, available at http://www.businessinsider.com/washington-post-bids-good-bye-to-its business-section-2009-3 (last visited June 4, 2010); Marion Geiger, Downsizing: Washington Post Cuts Its Daily Business Section, THE WASHINGTON POST, March 16,2009, available at http://www.editorsweblog.orglnewspaper/2009/03/downsizing_the_washington_post_cuts_its.ph p (last visited June 4, 2010). 69 "Even with all the promise of new media, we need to remember that without content, there is nothing to aggregate, and without intelligent debate on critical issues stemming from insightful journalism, the promise of a smart phone is short-circuited. So far, new media has not replaced what we've lost by way of traditional media's decline. Most indicators show three-quarters or more of the news, delivered to the public in all forms, originates from traditional media- newspapers and broadcast. So we confront a two-pronged challenge--ensuring that the broadband of the future can support the information infrastructure which democracy requires and, for the years immediately ahead, stemming the hemorrhage of contemporary journalism." Press Release, Commissioner Michael J. Copps on the FCC Launch of Initiative to Examine the Future of Media and Information Needs of Communities in A Digital Age, Jan. 21, 2010, available at http://hraunfoss.fcc.gov1edocs_pubIic/attachmatchIDOC-295856A I.pdf. 21 5103307.02 REDACTED FOR PUBLIC INSPECTION interest. In evaluating this Merger, the Commission must consider whether its approval would reduce the availability of such independent sources of news. Combinations like that proposed in the Merger not only combine two potential voices into one, but also have the effect of tilting that playing field against independent sources of news like BTV. Indeed, when faced with similar concerns, Congress has gone so far as to impose requirements on MVPDs to carry particular stations so as to "assure the widest possible diversity of information services to the public.,,70 C. Promoting Competition in Programming, Particularly in News Programming, is a Key Part of Public Interest Analysis Competition in the provision of service to the public has long been a central goal of communications policy. Since its establishment in 1934, the Commission has been charged with guarding against anti-competitive practices. 71 In the Cable Communications Act of 1984,72 Congress explicitly extended that concern to the cable industry, noting that one purpose of regulating the cable industry is to "promote competition in cable communications....'.73 The Supreme Court has likewise acknowledged the integral nature of competition to the public interest under the Communications Act. "[T]he Court has repeatedly emphasized the Commission's duty and authority under the Communications Act to promote... competition 70 Cable Television Consumer Protection and Competition Act of 1992 House Report, H.R. Rep. No. 102-628, LEXSEE 102 H RPT 628 at *35 (1992). 71 47 U.S.c. §§ 151,20I. 72 Pub. L. No. 98-549, 98 Stat. 2780 (1984). 73 Id. (codified as amended at 47 U.S.c. § 521(6)); see also News Corp at 483-84 'j[ 16 ("public interest evaluation... necessarily encompasses the broad aims of the Communications Act, which includes, among other things, preserving and enhancing competition in relevant markets") (internal quotations omitted). 22 5103307.02 REDACTED FOR PUBLIC INSPECTION among media voices[.],,74 To that end, the Court has noted that "the Government's interest in eliminating restraints on fair competition is always substantial, even when the individuals or entities subject to particular regulations are engaged in expressive activity protected by the First Amendment.,,75 The Telecommunications Act of 1996 (" 1996 Act") made enhancing competition a central goal of telecommunications regulation. 76 The Communications Act, the 1996 Act and Commission precedent require the Commission to consider the competitive impact of a transaction in its public interest analysis 77 The "broad aims of the Communications Act" include "a deeply rooted preference for preserving and enhancing competition in relevant markets... [and] ensuring a diversity of information sources and services to the public[.]"78 The Commission's competitive analysis, therefore, includes "traditional antitrust principles.,,79 The Commission must also consider a variety of other factors, including: ? regulatory policies that govern interactions of industry players; 74 AOL at 6556 'l! 23 (200 I). 75 Turner Broad. Sys.. Inc. v. FCC, 512 U.S. 622, 664 (1994). 76 Telecommunications Act of 1996 Preamble, Pub. L. No. 104-104, 110 Stat 56 (1996). 77 Adelphia at 8218 'I[ 25; Application of AT&T Wireless Servs.. Inc. and Cingular Wireless Corp. for Consent to Transfer Control of Licenses and Authorizations. et. al., Memorandum Opinion and Order, 19 FCC Rcd 21522,21544 'l! 41 (2004) ("Our public interest evaluation necessarily encompasses the 'broad aims of the Communications Act,' which include, among other things, a deeply rooted preference for preserving and enhancing competition in relevant markets, accelerating private sector deployment of advanced services, ensuring a diversity of license holdings, and generally managing the spectrum in the public interest") (hereinafter "AT&T/Cingular"). 78 News Corp. at 3277-78 'J[ 23. 79 Id. at 3278 'J[ 24. 23 5103307.02 REDACTED FOR PUBLIC INSPECTION ? whether a transaction will reduce existing competition; ? whether the transaction will decrease the market power of dominant firms in the relevant communications market; and ? the transaction's effect on future competition 80 The Commission has, "[i]n setting its licensing policies... long acted on the theory that diversification of mass media ownership serves the public interest[.],,81 To implement these policies, the Commission should "promote diversity of program and service viewpoints [and] prevent undue concentration of economic power.,,82 A merger must enhance competition in order to meet the public interest standard 83 The Commission uses the Horizontal Merger Guidelines issued by the Department of Justice and the Federal Trade Commission as a starting point to analyze the potential competitive harms of the d . 84 propose transactIOn. In general, competitIOn depends on consumers having choices among products or services that are fairly good substitutes for each other. If consumers have such choices, a single provider cannot raise its prices above the 'competitive' level because consumers will switch to a substitute. The level of competition depends on what products or services are substitutes for each other (product market), where those products are available (geographic market), what firms produce them (market participants), and what other firms might be able to produce substitutes if the price were to rise (market entry). ...Mergers raise competitive concerns when they 80 Id. at 3278-79 'J[25. 81 Nat'l Citizens, 436 U.S. at 780. 82 Id. 83 News Corp 483-84 'J[16; Applications of NYNEX Corp., Transferor and Bell Atl. Corp., Transferee, Memorandum Opinion and Order, 12 FCC Rcd 19985, 20000-0 I'J[29 (1997). 84 Id.; U.S. Dept. of Justice, Horizontal Merger Guidelines, available at, http://www.justice.gov/atr/public/guidelines/horiz_book/hmg I.html. 24 5103307.02 REDACTED FOR PUBLIC INSPECTION reduce the availability of substitute choices (market concentration) to the point that the merged firm has a significant incentive and ability to engage in anticompetitive actions, such as raising prices or reducing output, either by itself or in coordination with other firms (market power.)85 As demonstrated in the "Economic Report on the Proposed Comcast NBC Universal Transaction," authored by Dr. Leslie Marx, former Chief Economist of the FCC (Exhibit 3), the Transaction will result in significant competitive harms to independent news programming that raise substantial and material questions of fact as to whether the Transaction is in the public interest. While the Applicants bear the burden of proof here, BTV, as set forth below, affirmatively demonstrates that the proposed transaction is not in the public interest. IV. THE MERGER WILL RESULT IN SPECIFIC COMPETITIVE HARM BY PROVIDING COMCAST-NBCU THE INCENTIVE AND ABILITY TO HARM AND DISCRIMINATE AGAINST INDEPENDENT NEWS PROGRAMMERS The proposed merger would harm the public interest by granting Comcast-NBCU the ability and incentive to harm and discriminate against independent programmers. This discrimination threatens imminent injury to independent programmers and will negatively affect the viewing public. NBC Universal owns CNBC, the dominant business news network in the United States, in addition to NBC News, MSNBC, and regional sports networks. CNBC currently attracts more than 85% of the viewers and revenue in the business news programming market. CNBC is the 85 AT&T/Cingular at 21552 'l! 57. 25 5103307.02 REDACTED FOR PUBLIC INSPECTION only business news channel that registers on the Neilson ratings. Only two other business news networks exist-Fox and BTV - and of those, only BTV is independent. CNBC is a critical piece of the Transaction because its high advertising revenue makes it the second most profitable of NBC's cable networks, with an estimated profit of $333 million as of March, 2008. 86 Comcast is the largest cable operator in the United States with close to 24 million subscribers, 15.7 million high-speed broadband customers, and 7.4 million voice customers 87 Comcast already owns 18 cable channels 88 and has attributable interests in an additional 14 channels. 89 After the Transaction, Comcast will own 10 regional sports networks, two broadcast networks, 25 owned and operated broadcast television stations, 54 cable networks (owned and in which it holds attributable interests), 32 online video properties, Universal Studios, and Focus Features. It also controls iNDEMAND,9o the dominant video on-demand/pay-per-view provider, which distributes content to cable and Internet protocol television operators nationwide 9I Application at 17, 19. 88 Application at 19-21. 86 Jessi Hempel, CNBC Feels Your Pain, CNNMoney.com, Apr. 3, 2008, available at http://money.cnn.com/2008/03/31/news/companies/cnbc_pain.fonune/ (last viewed May 29, 2010) ("profits have increased 36% to $333 million since Hoffman joined, according to media research fIrm SNL Kagan"); Andrew Edgecliffe Johnson, CNBC Profits From A Crisis, FT.com, January 27,2010, available at http://cachef.ft.com/cms/s/0/58992544-0b77-lldf-8232 00144feabdcO,sOI=l.html?SID=google (last visited June 4,2010) ("NBC Universal does not disclose such numbers, but CNBC is reputed to have become its second-most lucrative channel after USA Networks, with an operating profit of between $300m and $400m. As such, it serves as a microcosm of what Comcast sees in NBC Universal"). 87 89 Id. 90 Application at 20. 91 See iN DEMAND, http://www.indemand.com/about/ (last visited June 21, 2010). 26 5103307.02 REDACTED FOR PUBLIC INSPECTION Moreover, Comcast has a greater than 50% market share of cable distribution in the top ten major markets, where sophisticated business news consumers are most densely concentrated. The markets include Chicago, Philadelphia, San Francisco, Boston, Detroit, Seattle-Tacoma, Miami-Ft. Lauderdale, Denver, Pittsburgh, Baltimore, West Palm Beach, Harrisburg and Jacksonville. 92 Comcast holds a 45% market share in Washington, DC, and other signifIcant markets. The resulting combination will grant Comcast control over significant business news programming assets and distribution in key business news markets. As a merged entity, Comcast-NBCU will have both the power and a compelling incentive to favor CNBC and to deprive competing news programmers of the level playing field for viewers and advertisers. Bloomberg is particularly concerned about Comcast-NBCU's ability and incentive to harm and discriminate against independent news operators because CNBC is the second most profitable network in the NBCU portfolio, and Comcast's CEO, Brian Roberts, has said that NBC News is the "single most awesome asset that comes from this deal," and that "NBC News will help define Comcast.,,93 92 An Examination of the Proposed Combination of Comcast and NBC Universal before the House Energy and Commerce Subcommittee on Communications, Technology and the Internet, Feb. 4, 2010 (Mark Cooper - "In its cable franchise territories, the market share of Comcast in these two vital distribution platforms [video distribution and broadband Internet service provider] exceeds 50 percent, allowing it to acquire one of the nation's premiere video content producers will radically alter the structure of the video marketplace triggering a bevy of anti competitive effects that will result in higher prices and fewer choices for consumers.") 93 Joe Flint, Comcast CEO Brian Roberts Says Cable Gets Bum Rap and he likes 'Californication', LA TtMES, May 11,2010, available at http://latimesblogs.latimes.com/entertainmentnewsbuzz/20IO/OS/comcast-ceo-brian-roberts-says cable-gets-bum-rap-and-he-likes-californication.html. 27 5103307.02 REDACTED FOR PUBLIC INSPECTION Comcast has a lengthy history of issues involving claims of discrimination against independent programmers and has been the subject of numerous program carriage complaints 94 A recent complaint noted, "Comcast's president, Stephen Burke, says that Comcast views its own networks as 'siblings' but other networks as 'strangers' .....95 Comcast's incentive to harm and discriminate against programming rivals is particularly acute in the case of BTV, which is a disruptive challenger to CNBC's long-established dominant position. In her report, Dr. Marx concludes that BTV and CNBC compete in the business news market 96 The Marx Report also establishes that the business news advertising market, which is predominantly affluent adult males, is a highly valued, hard-to-reach audience segment that advertisers value highly. Ultimately, the Marx Report finds that TV business news programming networks constitute a relevant antitrust product market. Combining CNBC's more than 85% market share with Comcast's 50% or greater MVPD market share in major U.S. cities where business news has a high concentration of viewers, the Transaction poses a significant downstream threat to BTV's existence. 94 See NFL Enters. LLC v. Comcast Cable Commc'ns, LLC, Program Carriage Complaint, File No. CSR-7876-P (May 6, 2008); TCR Sports Broad. Holding, L.L.P. v. Comcast Corp., Program Carriage Complaint, File No. 8001-P (Aug. 7, 2008); see also Dish Network L.L.c. v. Comcast Corporation, et aI., Arbitration Demand (Am. Arbitration Ass'n Jan. 27,2010). 95 Justin Rohrlich, Cable Wars Get Litigious, MINYANVILLE, Jan. 8, 2010, available at http://www.minyanville.com/husinessmarkets/articles/cable-cablevision-comcast-hulu-scripps time/1/8/2010/id/26281 (last visited June 20, 2010). 96 The Marx Report found that while carriage of general news channels had no significant negative effect on the carriage of BTV, the presence of CNBC on the basic or expanded basic tier had a significant negative effect on the carriage ofBTV on that tier. Likewise, carriage of BTV significantly decreases the carriage of CNBC on the same tier. Marx Report at 22. 28 5103307.02 REDACTED FOR PUBLIC INSPECTION BTV submits that, absent an order to divest CNBC or adoption of stringent conditions, the Merger will result in discrimination against independent programmers in the following areas: channel placement discrimination, discrimination in payment terms, degradation or restriction of consumers' Internet access to independent programmers' content, foreclosure in advertising, and foreclosure of carriage by other MVPDs. The Marx Report supports BTV's concerns by detailing significant economic harms that may result from the merger in all of these areas. An in-depth discussion of the harmful effects this transaction will have on the public interest and on BTV is set forth below. A. Discriminatory Channel Placement I. Neighborhooding Channel placement on MVPD systems contributes significantly to maintaining and increasing viewership. "Neighborhooding" is the industry practice of placing channels of the same genre adjacent to one another in the system's channel line-up. Modern distribution systems such as DirecTV, Dish, FiOS, and U-Verse cluster together children's programs, shopping, cooking, and, most importantly, business news and 24-hour cable news channels in the same channel "neighborhood." Other MVPDs are expected to adopt neighborhooding as they transition to digital technology.97 If the Transaction had not been proposed, BTV would have expected to be neighborhooded with other business news channels as Comcast neighborhooded 97 For example, Time Warner has begun such transitions. For example, Time Warner has announced that in North and South Carolina it is rearranging its digital channels into categories by programming type, placing the general news and business news together. Time Warner Cable Press Release: "TV Made Easy: Time Warner Cable Launches New Theme-Based Channel Lineup," March 26, 2010. Time Warner is also doing so in various Wisconsin systems. 29 5103307.02 REDACTED FOR PUBLIC INSPECTION all of its systems. Absent this merger, it would have been in Comcast's financial interest to neighborhood BTV. Indeed, with Bloomberg's recent efforts to improve and differentiate BTV's business news product, it would have been in Comcast's own financial interest to offer its customers BTV on a channel position near CNBC. As a result of the Transaction, however, Comcast will have a new incentive not to implement this pro-consumer development on its systems in order to disadvantage networks like BTY that compete with Comcast-owned networks like CNBC. The importance ofchannel position has been recognized not only by industry, but also by Congress. "A cable system has a direct financial interest in promoting those channels on which it sells advertising or owns programming... there is an economic incentive for cable systems to deny carriage to [competing] local broadcast signals, or to reposition broadcast signals to disadvantageous channel positions, or both." 98 This incentive is exacerbated by "[i]nterlocking ownership of cable operation and programming interests[.]"99 "Other factors being neutral, cable operators prefer to carry the programming of affiliated programmers in whose advertising revenue they share ...,,100 http://www.timewamercable.com/wisconsinllearn/new digital lineup.html, accessed June 20, 2010. 98 Cable Television Consumer Protection and Competition Act of 1992 , H.R. Rep. No. 102-628, LEXSEE 102 H RPT 628 at *93 (1992). 99 Turner Broad., supra, 910 F. Supp. at 753. 100 Id. 30 5103307.02 REDACTED FOR PUBLIC INSPECTION The 1992 Cable Act specifically recognized the importance of channel placement in a number of contexts.101 For example, MVPDs are required to carry certain local broadcast stations at particular channel positions.I0 2 As noted above, BTV's significant success on international cable systems is related to neighborhooding. The Marx Report also documents BTV's success when neighborhooded on U.S. satellite MVPDs. Absent the merger, BTV would have expected Comcast to neighborhood its channel line-up quickly to compete with other MVPDs, and that such a transition would be fostered by Comcast's conversion to digital cable. Now, however, Comcast will have a significant competitive reason to leave BTV in less favorable channel positions. Absent conditions to the Merger, Comcast will have the ability and incentive to permanently strand BTV at a competitively disadvantageous location in the channel line-up. Control over the channel line-up is a powerful tool to unfairly favor affiliated channels and disadvantage competitors. Comcast-NBCU wiJl be able to discriminate with respect to channel placement, thereby placing BTV at a significant competitive disadvantage. As demonstrated in the Marx Report, the effect of neighborhoods, and the exclusion from neighborhoods, is significant. The Marx Report finds proximity to CNBC increases the 101 Cable Television Consumer Protection and Competition Act of 1992, H.R. Rep. No. 102 628, LEXSEE 102 H RPT 628 at *47 (1992) ("systems will carry a reasonable complement of local stations on secure and predictable channel positions"); see also id. at *71. 102 The Cable Act requires that "[e]ach signal carried in fulfillment of the carriage obligations... under this section shall be carried on the cable system channel number on which the local commercial television station is broadcast over the air" or on, inter alia, a mutually agreed upon channel. 47 U.S.c. § 534(b)(6). 31 5103307.02 REDACTED FOR PUBLIC INSPECTION probability that a viewer will watch BTV by [[_no Neighborhoods also increase the number of BTV hours watched by [[_lJ relative to average hours watched. 103 Moreover, CNBC's location in a neighborhood with BTV decreases the probability it will be watched by [[.lJ and decreases its hours watched by [[.lJ. 104 With CNBC's viewership decreasing when placed near BTV, a combined Comcast-NBCU would have every incentive to place CNBC in more favorable channel position than BTV or retain favorable channel placement in lieu of moving toward the neighborhood channel placement model that is the industry trend. 105 Comcast has recognized the importance of neighborhooding and used it against its competition, in other areas, such as sports programming. First it ensured that its own regional sports channel, Comcast Sports Channel, was placed beside ESPN. When Comcast added Versus, its own national sports programming channel, to the Washington, D.C. system, it located it at Channel 7, immediately adjacent to sports channels ESPN-2 (channel 8), ESPN (channel 9), and Comcast Sports (channel 10), while the main channel of its unaffiliated sports channel competitor, MASN, remained located at channel 42. The Marx Report sets forth in detail the specific potential harms that a failure to neighborhood BTV will cause.\06 The Marx Report demonstrates that Comcast-NBCU would have the incentive and ability to perpetuate CNBC's channel placement advantages and implement neighborhooding (if at all) only in a manner that will continue to place BTV in a 103 Marx Report Appendix at 23. 104 Id. 105 Id. 106 Marx Report at 29-31. 32 5103307.02 REDACTED FOR PUBLIC iNSPECTION position removed from CNBC and other general news and business news channels. Given the incentive to place BTV outside the "news neighborhood," away from CNBC, the Commission should deny the Merger or condition the merger to require neighborhooding. At the very least, the FCC should prevent Comcast from leaving BTV and other independent competing programmers in disadvantageous channel positions when Comcast's cable systems create genre- related neighborhoods. 107 Specifically, if the Cornrnission does not deny the Application, the FCC should require that, as soon as possible and in no case later than six months after a decision, Comcast reorganize its channel placement alignment so that business news channels are adjacent and contiguous to CNBC and any similar Comcast business news channels at each position where such channel is carried. 2. Tier Placement For many of the same reasons that neighborhooding is critical to maintaining robust competition in business news programming, so, too, is tier placement. Tier placement refers to offering a particular channel in a cable system's basic line up or in a special line-up which subscribers can add to a basic subscription. The Commission has previously addressed the issue of tier placement in several contexts. For example, in the context ofcommercial leased access, the Commission has acknowledged the importance of a channel's placement on tiers with broad subscriber bases. It required, therefore, that "[c]able operators shall place leased access programmers that request access to a tier actually used by most subscribers on any tier that has a 107 Leased Cornrnercial Access, Report and Order and Further Notice of Proposed Rulemaking, 23 FCC Rcd 2909, 2917 'j['j[ 16-18 (2007). 33 5103307.02 REDAClED FOR PUBLIC INSPECTION subscriber penetration of more than 50 percent, unless there are technical or other compelling reasons for denying access to such tiers.',108 The Commission has concluded that tier placement is significant enough that, for example, it required a cable system to provide a local broadcast station carriage at a time when the cable system was rebuilding its channel line-up. The Commission underscored the importance of placing channels on an accessible tier, holding that KRCA, as a must carry station in Garden Grove Westminster and Huntington Beach is not required to wait until Paragon completes its system rebuild in order to be made available to all subscribers in these communities. Thus, Paragon is required to carry KRCA on a mutually acceptable channel, on the basic tier, that is available to all subscribers in its system, which in this case is any channel between 2 and 46, pending the completion of rebuilding its systems. By doing so, KRCA will be provided to all of Paragon's subscribers on the same basis as other signals entitled to mandatory carriage on the basic tier. 109 A merged Comcast-NBCU would have an incentive to place unaffiliated channels on tiers other than its expanded basic tier to reduce competition with channels in which it has a financial interest. Such concerns are not theoretical; multiple programmers have already alleged that Comcast engages in a pattern of discrimination against unaffiliated programmers, and it uses unfavorable tier placements as a means of the discrimination. NFL Enterprises LLC alleged, for example, that "Comcast carries the NFL Network on a premium digital sports tier for which subscribers must pay substantial extra fees while uniformly carrying sports channels that it owns 108 47 c.F.R. § 76.971(a)(I). 109 Fouce Amusement Enters., Inc. Licensee of Television Station KRCA, Riverside, California, For Carriage on Paragon Cable System Serving Garden Grove, Westminster, and Huntington Beach, California, and Paragon Cable, Modification of KRCA ADI Market for Must Carry Purposes, Memorandum Opinion and Order, 10 FCC Rcd 668, 673 'II 25 (1995). 34 5103307.02 REDACTED FOR PUBLIC INSPECTION on an analog basic tier that entails no extra cost for subscribers."lIo NFL Enterprises LLC alleged that Comcast had "Comcast exploited its bottleneck power by precipitously dropping the NFL Network from its highly-penetrated digital basic tier in the wake of a decision by the National Football League (the 'League') not to grant Comcast telecast rights - a financial interest - in a valuable program package of eight, live NFL footbal1 games... for Versus, a competing Comcast-owned sports channel." II! This tactic impaired NFL Network's competitiveness while at the same time making Versus, the sports network affiliated with Comcast, more easily able to acquire sports programming. More recently, the Tennis Channel made similar al1egations against Corneas!. The Tennis Channel al1eges that Comcast is discriminating against it in favor of the Golf Channel and Versus (both affiliated with Comcast).ll2 The Tennis Channel al1eges that Comcast carried the Golf Channel and Versus on broadly penetrated tiers while refusing to carry the Tennis Channel on a similarly popular tier. It alleges that Comcast has "stranded Tennis Channel on a premium tier. .. [e]ven though those programming services are by all objective standards competitive with and comparable to Tennis Channel, they are carried on Comcast's most widely received 110 NFL Enterprises LLC v. Comcast Cable Commc'ns, LLC, Program Carriage Complaint'll 3, File No. CSR-7876-P (May 6, 2008). 111 NFL Enterprises LLC v. Comcast Cable Commc'ns, LLC, Program Carriage Complaint, 'II 4, File No. CSR-7876-P (May 6, 2008); see also TCR Sports Broadcasting Holding, L.L.P. v. Comcast Corp., Program Carriage Complaint, File No. 8001-P (Aug. 7, 2008). 112 The Tennis Channel, Inc., Program Carriage Complaint, File No. CSR-8258-P (Jan. 5,2010). 35 5103307.02 REDACTED FOR PUBLIC INSPECTION programming tiers[.],,1 n Indeed, the Tennis Channel notes that "Comcast relegates only unaffiliated services like Tennis Channel to its narrowly-penetrated premium sports tier."lI4 Thus, Comcast has demonstrated in the past that it favors channels with which it is affiliated by placing unaffiliated channels on more expensive or less viewed service tiers. BTV has no reason to believe that Comcast will discontinue its discriminatory practices when it has a plethora of new, affiliated programming to protect from independent competitors. Comcast's vertical integration with NBCU may, in fact, exacerbate the problems independent programmers have faced in their dealings with Corneas!. Comcast could decrease viewership of BTV relative to CNBC by placing or keeping BTV on a more expensive, premium digital tier notwithstanding its increasing appeal, while keeping CNBC on the basic, non-premium tier. As Congress and the Commission have recognized, it is in the public interest to prevent this form of program carriage discrimination. Since Comcast's current behavior evidences discrimination in tiering, and the Transaction will increase its incentive and ability to protect its affiliated networks, the Transaction raises a substantial and material question of fact as to whether grant of the Application is in the public interest, and the Application should be denied. In the alternative, the Commission should prohibit Comcast-NBCU from carrying any business news programming network on a different tier than CNBC or any similar Comcast business news programming network. Where a business news programming network is currently on a less-heavily subscribed 113 Id. 114 Id. 36 5103307.02 REDACTED FOR PUBLIC INSPECTION tier, it must be moved to the tier or tiers where CNBC is carried within six months of the DOJ consent decree or FCC decision, whichever is later. 3. Refusal of Carriage For many of the same reasons that neighborhooding and tier placement are critical to maintenance of robust competition in business news programming, so, too, is carriage. Refusal of carriage is a long-recognized anticompetitive harm. Among other measures, Congress implemented so-called "must carry" rules to prevent MVPDs from refusing to carry competing local broadcast stations. "Congress emphasized that the must-carry and channel positioning provisions are meant to protect our system of television allocations and promote competition in local markets." I 15 The Marx Report establishes business news as an antitrust market and demonstrates that, contrary to the Application's assertion that the Transaction represents "no risk" of foreclosure, Comcast-NBCU would only need to foreclose one business news channel to achieve the benefits of foreclosure. I 16 BTV reaches 23% of its viewers via Comcast's cable systems. so any reduction in carriage on Comcast's system would be detrimental to BTV. II ? In addition, as discussed below. through bundling of Comcast/NBC programming and advertising, Comcast can force other MVPDs to foreclose BTV. 115 Implementation of the Cable Television Consumer Prot. and Competition Act of 1992 Broad. Signal Carriage Issues; Reexamination of the Effective Competition Standard for the Regulation of Cable Television Basic Servo Rates; Request by TV 14, Inc. to Amend Section 76.51 of the Commission's Rules to Include Rome, Georgia, in the Atlanta, Georgia. Television Market, Report and Order, 8 FCC Rcd 2965, 2988 'lI91 (1993). 116 Marx Report at 26-28. II? Marx Report Appendix at 25. 37 5103307.02 REDACTED FOR PUBLIC INSPECTION Comcast-NBCU will have two networks, CNBC and The Golf Channel, that attract the same demographic as BTV. That demographic, affluent adult males, is highly valued by advertisers. Comcast-NBCU would have every incentive to maximize its leverage over advertisers interested in tbat demograpbic by dropping BTV from its line-up. Of course, the greatest barm tbat Comcast could cause to BTV would be complete refusal to carry it. If Comcast were to refuse BTV carriage, it would deprive BTV of the ability to reach Comcast's 24 million subscribers. COlllcast's subscribers are located in most of the major business centers in the nation. These markets have the largest percentage and absolute number of BTV viewers. The Marx Report documents both short- and long-term benefits of foreclosure. In the short term, Comcast-NBCU will increase viewers and advertising revenue for CNBC without competition from BTV. Advertising rates for the Comcast-NBCU networks would increase. To the extent BTV's loss of carriage, and corresponding loss of advertising revenue, reduces its value to other MVPDs, Comcast-NBCU would be able to increase fees for CNBC. In the long term, advertising revenue for CNBC would continue to grow across all cable systems as a result of foreclosure. The Marx Report concludes that both short- and long-term foreclosure would be profitable. Comcast has a history of limiting the widest possible diversity of information sources to the public by denying independent programmers carriage, as evidenced by the situation of 38 5103307.02 REDACTED FOR PUBLIC INSPECTION MASN, when Comcast initially refused to carry MASN's regional sports programming. 118 Even after Commission Orders forced Comcast to negotiate with MASN, MASN was forced to file a program carriage complaint in 2009 for areas where Comcast continued to refuse to carry MASN, despite the strong demand for MASN in the areas where Comcast refused it carriage. I 19 Indeed, as noted above, Comcast continues to favor its own sports programming channel, Versus, at the expense of MASN. Comcast placed Versus on a channel adjacent to the two principal ESPN channels, plus its own Comcast Sports Network, while leaving MASN's principal channel more than 30 channels away. In particular, once Comcast owns NBC, it will have the economic incentive to deny access to its distribution system to CNBC's main competitor - BTV, as it did to local sports competitor MASN in the Washington, D.C. market. The Marx Report shows that such foreclosure would be profitable both in the short-term, and over time. The Commission's program carriage rules and the difficulties encountered in enforcing them would provide BTV (and similarly situated independent programmers) with only limited and ineffective protection from such anticompetitive conduct. This point was recently underscored by Senator Kohl in his May 26, 2010 letter to Chairman Genachowski, where he noted that requiring Comcast not to discriminate in favor of its own programming "would be independent of the existing FCC program carriage rules, and apply regardless of whether or not 118 See TCR Sports Broadcasting Holding, L.L.P. d/b/a Mid-Atlantic Sports Network v. Comcast Corp., Proposed Findings of Fact and Conclusions of Law, MB Docket No. 08-214, June 26, 2009 (hereinafter, "MASN Proposed Findings of Fact and Conclusions of Law"). ) 19 MASN Proposed Findings of Fact and Conclusions of Law at II. 39 5103307.02 REDACTED FOR PUBLIC INSPECTION those rules are in force" and should expressly apply to issues such as tiering or neighborhooding. 12o The Commission should deny the Application because such incentive and ability to foreclose poses a substantial and material question of fact as to whether grant of the Application is in the public interest. In the alternative, the Commission should condition the grant of the Application on the requirement that existing business news networks must to carried on nondiscriminatory terms and conditions. If the Commission does not adopt these conditions, the Commission should require divestiture of CNBC. The merged Comcast-NBCU will have both the power and incentive to harm and discriminate against BTV and other independent programmers in channel placement, carriage, and tiering. It will control the largest cable distribution system in the U.S., and will have the incentive to protect CNBC, its second most profitable affiliated cable network. As the Supreme Court noted fifteen years ago, "[b]esides the cable operators' incentives to wield their market power to the detriment of the broadcast industry, Congress also had evidence that cable operators had already dropped, refused to carry, or adversely repositioned significant numbers of local broadcasters.,,121 The Supreme Court has also recognized the resulting harms that an MVPD's discrimination may cause. When a cable system denies a channel access to the cable network, a series of negative ramifications ensues: 120 Letter from Sen. Herbert Kohl to the Hon. Christine Varney, Assistant Attorney General Antitrust Division, and the Hon. Julius Genachowski, Chairman of the Federal Communications Commission at 5 (May 26, 2010). 121 Turner Broad. v. FCC, 910 F. Supp 734, 742 (D.D.C. 1995), aff'd 520 U.S. 180 (1997). 40 5103307.02 REDACTED FOR PUBLIC INSPECTION If a station is denied access to a cable network or is ad versely repositioned, the size of the audience it can reach will be restricted. A reduced audience decreases a commercial station's attractiveness to advertisers, which causes advertising revenues to decline. ... When the revenue declines, the station's ability to provide quality programming is hampered, further decreasing the viewing audience and creating a vicious cycle of declining financial stability and health. 122 In this case, all of the discriminatory conduct outlined above will reduce the public's access to critically important news content and unfairly weakens independent news programmers' competitive postures. Because the Transaction will hinder independent programmers from reaching or retaining fair channel carriage, the Transaction should be denied or appropriately conditioned to address these transaction-specific harms. Specifically, Comcast- NBCU should be required to carry, or continue to carry, on all of its cOntent distribution platforms (cable, Internet, mobile devices) all business news channels currently carried by Comcast and must provide such business news channels with non-discriminatory terms of carriage, including the provision of subscription fees. B. Restrictions on Internet Distribution ofBTV Internet access issues are especially important to a company like Bloomberg, which is highly dependent On the Internet to deliver content to its customers. Consumers are currently able to gain access to all BTV content over the Internet, including a Ii ve stream of the BTV service. BTV is concerned that a combined Comcast-NBCU will have an incentive to restrict the ability to access BTV over the Internet or degrade BTV's Internet signal. 122 Id. at 744. 41 5103307.02 REDACTED FOR PUBLIC INSPECfION I. Restricting Access to BTV over the Internet As a news provider that simultaneously distributes all its content over the Internet, BTV is concerned that Comcast-NBCU could inhibit users' access to BTV video over the Internet. Comcast has launched "TV Everywhere," which limits access to programming to Internet users who can "authenticate" that they have purchased cable subscriptions. Comcast is enforcing this model through contracts that prevent cable programmers from distributing their content via the Internet other than through Comcast's preferred mechanisms. The Commission and Congress have recognized that competition from new technologies, providing alternatives to traditional means of accessing cable television, is in the public interest. 123NBCU is very familiar with this tactic. During the last Winter Olympics, NBC only allowed viewers to watch full replays on the Internet if they could first demonstrate that they were subscribers to a cable system, or other MVPD. 124 Senator Kohl, at the time, expressed concern that such content restrictions may be a harbinger of competitive limitations "particularly in the context of the proposed Comcast-NBC Universal merger." 125 BTV is concerned that Comcast-NBCU could pressure independent channels into removing or limiting content availability on the Internet. Comcast-NBCU could do so by offering independent channels discriminatory or unfavorable terms if they use other platforms 123 See, e.g., Cable Television Consumer Protection and Competition Act of 1992, H.R. Rep. No. 102-628 at 25 (1992) ("A principal goal of H.R. 4850 is to encourage competition from alternative and new technologies, including competing cable system, wireless cable, direct broadcast satellites, and satellite master antenna television services.") 124 Letter from Sen. Herb Kohl to Jeff Zucker, President and CEO of NBC Universal (Feb. 26, 2010). 125 Id. 42 5103307.02 REDACTED FOR PUBLIC INSPECTION like the Internet to distribute their content. Having the ability to restrict the platforms that independent channels may use to distribute their content is inherently anticompetitive. And such restrictions, as they relate to BTV, would prevent the public from accessing independent sources of news and information on-line altogether. Such restrictions on news cannot be in the public interest. Any artificial limits on the ability to access content on-line also devalues consumers' broadband subscriptions. It is yet another reason for the Commission to deny the Application. If the Commission does not deny the Application, it should impose a condition that Comcast is prohibited from imposing any restriction, limitation or disincentive on the ability of competing business news channels to offer their content on other platforms, including but not limited to the Internet. 2. Degrading Internet Access Comcast is not only an MVPD, it is also among the Nation's largest Internet service providers. The proposed Comcast-NBCU merger therefore presents concerns regarding both degraded and restricted Internet access. Indeed, Comcasl's history of interfering with certain kinds of content, such as peer-to-peer file transfer systems, has prominently been the subject of recent litigation. Such "network management" techniques pose a potential threat to other Internet content and service providers. This is the kind of public interest harm that the Commission should address through conditions to the proposed merger or through denial of the merger altogether. Especially in light of the D.C. Circuit's recent decision in Comcast,126 which called into question the Commission's authority to regulate Comcast's Internet network management practices, it is critical that the Commission either deny or condition the Merger to 43 5103307.02 REDACTED fOR PUBLIC INSPECTION prevent Comcast-NBCU from restricting BTV from delivering its programming content over the Internet. If the Commission does not deny the Transaction, it should condition the Merger so that Comcast-NBCU is prohibited from diminishing or degrading the terms or level of service or quality of signal delivery of any business news channel on any of its content-distribution platforms (cable, Internet, mobile devices) without the consent of the owner of said business news channel. C. Discriminatory Payment Terms The transaction provides Comcast the incentive and power to employ other discriminatory practices in terms of the compensation it provides to independent programmers. It will have an incentive to offer below-market compensation to independent programmers who compete with channels affiliated with Comcas!. The Tennis Channel's pending program carriage complaint against Comcast provides a prime example. Even after the Tennis Channel made significant investments, improved and expanded its program content, and expanded its audience share, Comcast would only "carry Tennis Channel on significantly less favorable terms than [Comcast's] affiliated sports networks - even though Tennis Channel compares favorably to Comcast's similarly situated affiliates[.],,127 Notwithstanding that BTV is currently on a positive trajectory to increase its audience in the U.S. and abroad at a rapid pace, Comcast does not currently provide BTV compensation for carriage. Even as BTV's viewership increases, however, Comcast will have an incentive to 126 Comcast Corp. v. FCC, 600 F.3d 642 (D.C. Cir. 2010). 127 The Tennis Channel, Inc., Program Carriage Complaint '1[52, File No. CSR-8258-P (Jan 5, 2010). 44 5103307.02 REDACTED FOR PUBLIC INSPECTION compensate it at rates below those that would be afforded in the market. Once Comcast owns CNBC, BTV's main competitor, absent strong restrictions and prohibitions against such conduct, Comeast will have the incentive and opportunity to provide CNBC competitive advantages through discriminatory terms of carriage for BTV. This result is directly contrary to the Commission's duty to promote competition and to protect the public interest. D. Disadvantaging BTV's Ability to Obtain Advertisers Once Comcast acquires CNBC, it will have a compelling incentive to favor companies that it controls, including CNBC. BTV targets advertisers interested in reaching BTV's primary audience, affluent adult males, which is a highly sought-after demographic to advertisers. Several other channels that a combined Comcast-NBCU would own target the same audience and attract similar advertisers. Solely through ownership of a major distribution platform, Comcast-NBCU can bundle its advertising in a manner that makes BTV less attractive, or even redundant, to advertisers. Comcast's cable carriage agreements require programmers like BTV to provide Comcast with a certain amount of free advertising time on BTV's network. As a result, Comcast could bundle advertising time on BTV with advertising on its own programming networks with similar demographic appeal, such as the CNBC, The Golf Channel, or regional sports networks. The Marx Report demonstrates that Comcast-NBCU would have the clear incentive and ability to bundle advertising in such an anticompetitive manner. 128 Comcast NBCU could do so at heavily discounted prices in order to deprive BTV of a fair opportunity to sell its own advertising to advertisers who prefer the BTV network. 128 Marx Report at 8. 45 510:1307.02 REDACTED FOR PUBLIC INSPECTION Ifthe Commission permits the merger to proceed, Comcast-NBCU will have the incentive and ability to bundle advertising time on CNBC with other affiliated programming with similar demographic appeal. For example, Comcast may bundle advertising on CNBC with advertising on regional sports networks and the Golf ChanneL As an independent programmer, BTV would not be able to offer advertisers similar packages. Comcast-NBCU's market power would foreclose competitors like BTV from access to advertisers by eliminating BTV's ability to compete on a level playing field for advertising revenue based on the quality and value of its programming. In order to avoid this result, the Commission should adopt remedies that I) prohibit Comcast-NBCU from selling advertising on non-Comcast-owned business news channels together with advertising on Comcast networks as part of a bundled sale of advertising by Comcast; 2) prohibit Comcast-NBCU from offering discounts or other inducements to advertisers that are tied directly or indirectly to reducing or refraining from advertising purchases on any business news channel other than CNBC or any other similar Comcast-NBCU-owned business news channel; and 3) prohibit Comcast-NBCU from offering discounts or other inducements for bundled advertising purchases that include advertising on CNBC or other Comcast-NBCU-owned business news channeL E. Foreclosing Carriage by Other MVPDs With the combination of NBC-owned channels and Comcast-owned channels, Comcast NBCU will be able to bundle channels strategically in a way that could disadvantage BTV. Specifically, Comcast-NBCU could crowd out the number of channels available on other cahle systems for independent news. Comcast could also threaten to withhold the most popular 46 5103307.02 REDACTED FOR PUBLIC INSPECTION Comcast-NBCU channels, or offer them on less advantageous terms, unless an MVPD agreed not to carry BTV (or other independent programming), or to only carry BTV on a less popular tier or in a more remote neighborhood than CNBC. Such bundling, or "tying arrangements" leave MVPDs with a dilemma: they must either refuse the tied programming package and potentially go without must-have programming, or they can agree to the tying arrangement and purchase programming that neither they nor their customers want. 129 The Commission has recognized and addressed the harms that "tying" practices cause in past mergers. no When the Commission considered the DirecTV/News Corp merger, it agreed that the "transaction [could] enhance News Corp.'s incentive and ability to persuade competitors to carry its affiliated programming.,,131 Only by imposing conditions on the merger did the Commission find that it remedied this potential harm. 132 After the merger, Comcast could require an MVPD to carry the full suite of Comcast- NBCU programming in order to be able to carry must-have channels. Comcast-NBCU could also require it to carry CNBC in order to get access to must-have programming, such as a regional sports channel. The FCC describes the concern with bundling for carriage as follows: When programming is available for purchase only through programmer-controlled packages that include both desired and undesired programming, MVPDs face two choices. First, the MVPD can refuse the tying arrangement, thereby potentially depriving itself of desired, and often economically vital, programming that subscribers demand and which may be essential 129 Tying Order at 17862 'l[l 20. 130 News Corp. at 593 'lI27I. I31 Id. 132 Adelphia at 8220'1[ 28. 47 5to3307.02 REDACTED FOR PUBLIC INSPECTION to attracting and retaining subscribers. Second, the MVPD can agree to the tying arrangement, thereby incurring costs for programming that its subscribers do not demand and may not want, with such costs being passed onto subscribers in the form of higher rates, and also forcing the MVPD to allocate channel capacity for the unwanted programming in place of programming that its b ·b f 133 SU scn ers pre er. The Commission found that concern well-founded when it reviewed the News Corp. transaction. Specifically, it concluded that we agree with Commenters who contend that the transaction can enhance News Corp.'s incentive and ability to persuade competitors to carry its affiliated programming. Specifically, as we held above, the transaction may enhance News Corp.'s incentive and ability to extract higher compensation from competing MVPDs in exchange for carriage of its most popular programming-RSN and broadcast programming. Such compensation may include monetary compensation, but also carriage of News Corp. affiliated networks. To obtain RSN or broadcast programming from News Corp., an MVPD may accede to News Corp.'s demands to carry its affiliated cable networks, or to pay excessive rates for News Corp. programming. Absent these demands and higher costs, the MVPD might have elected to carry an independent rival network that would have expanded the f ··1 bl . b·b 134 sources 0 programmmg avar a e to Its su scn ers. 133 Tying Order at 17862 'll120. The Commission also notes that "small cable operators and MVPDs are particularly vulnerable to such tying arrangements because they do not have leverage in negotiations for programming due to their smaller subscriber bases." Id. It further noted that "OPASTCOIITAA, representing small and rural MVPDs, cites the practice of programmers to require carriage of less popular programming in specified (usually basic) tiers in return for the right to carry popular programming as an onerous and unreasonable condition that denies consumers choice and impedes entry into the MVPD market." Id. 134 News Corp. at 593 'lI 271. ("[V]ertical transactions also have the potential for anticompetitive effects. In particular, a vertically integrated firm that competes both in an upstream imput market and a downstream output market, such as post-transaction News Corp., may have the incentive and ability to: (I) discriminate against particular rivals in either the upstream or downstream markets (e.g., by foreclosing rivals from inputs or customers); or (2) raise the costs to rivals generally in either of the markets.") Such concerns prompted the Commission to impose, both in News Corp. and the Adelphia decision remedies, such as arbitration, outside the normal FCC procedures for resolution of complaints. Accordingly, Bloomberg has proposed 48 5103307.02 REDACTED FOR PUBLIC INSPECTION Such forced bundling harms independent networks' ability to compete for limited shelf space. In such circumstances the public interest is harmed regardless of the MVPD's resolution of the carriage issue. Ifthe MVPD refuses such bundled programming, it deprives itself of economically significant programming. If the MVPD agrees to carry a bundle with programming that subscribers do not want, the costs are passed on to subscribers in the form of higher rates. In such circumstances, "the MVPD and its subscribers are harmed by the refusal of the programmer to offer each of its programming services on a stand-alone basis.,,135 This effectively reduces the limited number of channels on an MVPD's system available to independent progranuners. After the merger, Comcast-NBCU will own or have an attributable interest in 54 cable networkS. 136 An MVPD with limited capacity (as is the case for numerous rural carriers) may not be able to carry BTV. 137 As demonstrated in the Marx Report, the transaction increases the incentive and ability to bundle channels and the overall impact will harm other networks, particularly those such as BTV that offer substitutes to the Comcast-NBCU networks. 138 Absent bundling, however, such an MVPD with limited capacity may have chosen to carry BTV over one of the Comcast-NBCU channels if those channels were offered on the same terms similar kinds of remedies outside existing procedures to address the harm from this even more dangerously integrated Merger. 135 Tying Order at 17862 'll119 (2007). 136 News Com. at 508 '1171. 137 Marx Report at 39 and Marx Report Appendix at 34. 138 See Id. ('The cable industry has become more vertically integrated into programming, which may harm competing programmers"). 49 5103307.02 REDACTED FOR PUBLIC INSPECTION individually. In order to avoid this harm, the Commission should prohibit Comcast from offering to any MVPD or requiring any MVPD to accept any combination of NBCU and Comcast's network programming as a condition of receiving more favorable licensing terms than Comcast offers on an "a la carte" basis. The Commission should also prohibit Comcast from offering any discount or other inducement to any MVPD or other distributor of news content by electronic means on condition that said MVPD or distributor provide competitive business news channels on less favorable terms or conditions of carriage. V. THE COMMISSION MUST DENY THE MERGER BECAUSE THE APPLICANTS HAVE NOT DEMONSTRATED THAT THE PROPOSED TRANSACTION SERVES THE PUBLIC INTEREST AND THE HARMS OUTWEIGH THE BENEFITS The Commission must deny the Application because the Transaction will result in specific competitive harms that, when balanced against the potential public interest benefits, do not serve the public interest. Further, the Transaction results in public interest harms that "would otherwise frustrate implementation or enforcement of the Communications Act and federal communication policy."139 The vertical combination of NBC Universal's range of programming content - CNBC in particular- with the nation's single largest MVPD will lead to anti-competitive effects that the Commission has long sought to mitigate. If the Transaction is granted, it will result in further concentration of mass media ownership that will reduce the diversity ofprogram and service viewpoints. Grant of the Application will further concentrate Comcast-NBCU's editorial power over the content of affiliated channels. It will significantly increase Comcast-NBCU's incentive 139 News Corn. at 483-84 'j[ 16. 50 5103307.02 REDACTED FOR PUBLIC INSPECTION and ability to harm and discriminate against unaffiliated channels in terms of carriage and advertising. Indeed, "It]he weighing of policies under the public-interest standard is a task that Congress has delegated to the Commission in the first instance[.j"14o The Commission must, as it did in the Adelphia proceeding, "analyze all relevant issues raised by the transactions that ... significantly affect the public interest.,,!41 A. The Transaction Would Reduce the Number of Independent News Sources, thereby Reducing Viewpoint Diversity, and May Impede the Free Flow of Video Programming Diversity of ownership helps ensure that the public receives unbiased information in order to participate in the democratic process. Independent news outlets, such as BTV, provide the type of unbiased reporting needed by the public to make informed decisions. The Transaction will result in Comcast, the country's largest cable company, holding a controlling interest in NBC Universal. NBC Universal, in turn, indirectly holds licenses for 25 over-the-air broadcast stations; NBC News, which broadcasts over those over-the-air stations, and news and information networks including MSNBC, the Weather Channel, CNBC World, and CNBC, the dominant business news network in the United States. The number of independent voices will be reduced when CNBC and other news channels become affiliated with Comcast and as a result, decrease viewpoint diversity. More importantly, as a direct result of the 140 Natl' Citizens, 436 U.S. at 810 (emphasis added). 141 Applications for Consent to the Assignment and/or Transfer of Control of Licenses: Adelphia Commc'ns Corp., Assignors, to Time Warner Cable, Inc., Assignees, Adelphia Commc'ns Corp., Assignors and Transferors, to Comcast Corp., Assignees and Transferees, Comcast Corp., Transferor, to Time Warner Inc., Transferee; Time Warner Inc., Transferor, to Comcast Corp., Transferee, Memorandum Opinion and Order, 21 FCC Red 8203 'J[ 28 (2006) (emphasis added). 51 5103307.02 REDACTED FOR PUBLIC INSPECTION Transaction, Comcast-NBCU would have the ability and incentive to harm and discriminate against independent programmers and independent news progranuning in particular. Such potential harm to the number ofindependent voices and the commensurate decrease in viewpoint diversity is clearly contrary to the public interest. The public interest requires a variety of viewpoints so citizens may make informed decisions. News and information providers like BTV serve "one of the most vital of all general interests: the dissemination of news from as many different sources, and with as many different facets and colors as is possible."I42 Allowing private business interests to restrain the free flow of news and information to the public is not in the public interest. The public benefits from the free flow of information. "The interest of the public is to have the flow of news not trammeled by the combined self-interest of those who enjoy a unique constitutional position precisely because of the public dependence on a free press. A public interest so essential to the vitality of our democratic government may be defeated by private restraints no less than by public censorship."I43 The public interest requires news and information from a variety of independent news outlets to ensure that the public has the unbiased information needed to make informed decisions. Comcast's defense of the Transaction essentially argues that because no Commission rule is violated, no diversity concerns are present. Assessing the Transaction for any rule violations is only part of the Commission's analysis - more importantly, it must affirmatively 142 Associated Press v. United States, 326 U.S. 1,28 (1945). 143 Associated Press, 326 U.S. at 28-29. 52 5103307.02 REDACTED FOR PUBLIC INSPECTION determine if the Transaction is in the public interest. 144 In addition, Comcast argues that because the Transaction involves a vertical, rather than horizontal, merger, no diversity concerns are present. However, the Commission has recognized that "vertical transactions also have the potential for anticompetitive effects,,145 and this transaction has significant anticompetitive effects on their major competitors. Comcast ignores the significant horizontal impacts, such as control of channel lineups and neighborhooding decisions favoring their own programming that are created by the Merger. B. The Transaction Would Reduce Diversity in Ownership and Their Commitment to Independence Does Not Mitigate That Concern Comcast's commitment to "independence" using an ombudsman does not address the harm to ownership diversity that results from Comcast acquiring a controlling interest in NBCU programming, particularly in the area of NBC News and related cable news networks MSNBC and CNBC, where diverse ownership and viewpoint is critical. Nor does it guarantee NBC News' independence. Moreover, such an ombudsman arrangement does nothing to ameliorate Comcast's potential anticompetitive actions, as a distribution platform owner, which will result from ownership of a controlling interest in NBCU and its programming. 144 47 U.S.c. § 310(d). 145 DirectTV 'II 71. 53 5103307.02 REDACTED FOR PUBLIC INSPECTION C. The Transaction Results in Significant Competitive Harms and Would Impair, Rather than Promote, Competition As Congress has recognized, "concerns... regarding increased vertical and horizontal integration in the cable industry are serious and substantial.,,146 The combination of Comcast, the Nation's largest MYPD, with NECU will inevitably lead to competitive injury, barriers to entry, reduced media diversity and other harms described herein. In recent years, Bloomberg has invested substantially to enhance BTY's ability to be a stronger independent source of news and information. The efforts of independent news outlets to succeed need to be encouraged and supported by the Commission. If the Commission approves the Transaction, the little remaining competition between independent and MYPD-owned programmers will diminish further. Concurrently, the Commission will essentially approve an increase in Comcast-NBCU's market power to harm and discriminate against independent programmers. Approval in these circumstances runs counter to the public interest and the express will of Congress. When considering the 1992 Cable Act, Congress recognized that vertical integration of the cable industry had already begun harming independent programmers competing with programmers affiliated with MYPDs l47 It noted that "vertically integrated companies reduce 146 Cable Television Consumer Protection and Competition Act of 1992, H.R. Rep. No. 102-628 at 34 (1992). 147 See Cable Television Consumer Protection and Competition Act of 1992 Conference Report, H.R. Rep. No. 102-862 at 34 (1992) ("The cable industry has become more vertically integrated into programming, which may harm competing programmers"). 54 5103307.02 REDACTED FOR PUBLIC INSPECTION diversity in programming by threatening the viability of rival cable programming services.',,48 It further noted the various forms of harm that may stem from discrimination against unaffiliated, competitor programmers, induding denying access to programmers affiliated with rival multi- system operators, price discrimination, channel placement discrimination, and an offer of carriage only in exchange for a financial interest in the programmer. '49 Courts, too, have recognized the harms that vertically integrated MVPDs and content providers can cause. "[T]he cable industry has become increasingly horizontally concentrated and vertically integrated. Power has been concentrated in the hands of fewer and fewer operators (horizontal concentration), which has led to increased vertical integration as the largest operators h b d d h · . . bl . k ,,150 ave egun to eman owners lp Interests In ca e programmIng networ s. The Commission has recognized that "vertical transactions also have the potential for anticompetitive effects....[A] vertically integrated firm that competes both in an upstream input market and a downstream output market, such as post-transaction News Corp., may have the incentive and ability to: (I) discriminate against particular rivals in either the upstream or 148 Id. at 33. The cable industry has become vertically integrated; cable operators and cable programmers often have common ownership. As a result, cable operators have the incentive and ability to favor their affiliated programmers. This could make it more difficult for noneable affiliated programmers to secure carriage on cable systems. Vertically integrated program suppliers also have the incentive and ability to favor their affiliated cable operators over nonaffiliated cable operators and programming distributors using other technologies. See also, Cable Television Consumer Protection and Competition Act of 1992, Pub. L. No. 102-385, 106 Stat. 1460 § 2(a)(5) (1992). 149 Id. The House Committee on Energy and Commerce "received testimony that vertically integrated operators have impeded the creation of new programming services by refusing or threatening to refuse carriage to such services that would compete with their existing programming services. Cable Television Consumer Protection and Competition Act of 1992, H.R. Rep. No. 102-628 at 33 (1992). 55 5103307.02 REOAcrnO FOR PUBLIC INSPECTION downstream markets (e.g., by foreclosing rivals from inputs or customers); Dr (2) raise the costs to rivals generally in either of the markets.",51 I. The Commission may condition its consent to a transaction in order to address competition-related concerns. Congress mandated, and the Commission ultimately adopted, program access and program carriage rules to attempt to ameliorate concerns about vertically integrated cable companies. These rules, however, do not specifically address issues such as neighborhooding. Moreover, the complaint process has proven lengthy and expensive, and is not an adequate 150 Turner, 910 F. Supp. at 740 . 151 News Corp. at 508 '1171. S6 5103307.02 REDACTED FOR PUBLIC INSPECTION substitute to address the harm that will occur here with the merger of the largest cable distributor and one of the largest programmers. Indeed, in the past, the Commission has adopted merger conditions to address the type of harms that would not be adequately resolved by the current d . I 152 program access an program carnage ru es. By prescribing remedies beyond mere resort to the program access and program carriage rules, the Commission has acknowledged that, at times, the rules alone are an insufficient remedy. For example, in the DirectTVlNews Corp merger,. the Commission imposed special commercial arbitration conditions that apply when negotiations for carriage of its regional sports networks failed. 153 Similarly, in the AdelphiafTime Warner merger, the Commission applied program access conditions requiring commercial arbitration of access disputes involving regional sports networks. 154 Both cases demonstrate that the Commission has recognized the potential for harms and discrimination can be so great as to need additional conditions. In this light, the mechanisms that BTV proposes to forestaJl discrimination against independent programmers are appropriate conditions. Vertical integration of the cable industry is causing injury to independent content providers as they struggle, increasingly, against anticompetitive industry tactics. Approval of the 152 News Corp. at 676 App'x F; Adelphia at 8336 App'x B. 153 News Corp. at 676 App'x F. The Commission first found it necessary to impose compliance with its program carriage and access rules as a separate condition to the merger. Id. at 677. 154 Adelphia at 8336 App'x B; see also Time Warner Inc., et aI., Decision and Order, 123 F.T.C. 171,197,1997 FTC LEXIS 13, at *50 (Feb. 3, 1997) (".. .Time Warner shall execute a Programming Service Agreement with at least one Independent Advertising-Supported News and Information National Video Programming Service, unless the Commission determines, upon a showing by Time Warner, that none of the offers of Carriage Terms are commercially reasonable"). 57 5103307.02 REDACTED FUR PUBLIC INSPECTION Application in this matter would serve only to continue a trend that is detrimental to a competitive and independent marketplace of ideas. To prevent the public interest harms detailed in this Petition, the Commission should deny the Application or impose significant conditions. VI. IF THE COMMISSION GRANTS THE APPLICATION, IT MUST IMPOSE CONDITIONS TO PROTECT THE PUBLIC INTEREST. A. The Commission has authority to impose conditions to address public interest considerations Under Section 310(d) of the Communications Act, the Commission must find the merger in the public interest. Ifthe Commission does not deny the Application. it must impose conditions to ensure that the public interest standard is met. Our public interest authority also enables us to impose and enforce narrowly tailored. transaction-specific conditions that ensure that the public interest is served by the transaction...Section 303(r) of the Communications Act authorizes the Commission to prescribe restrictions or conditions, not inconsistent with law, that may be necessary to carry out the provisions of the Act. Similarly, section 2l4(c) of the Act authorizes the Commission to attach to the certificate 'such terms and conditions as in its judgment the public convenience and necessity may require.' Indeed, unlike the role of antitrust enforcement agencies, our public interest authority enables us to rely upon our extensive regulatory and enforcement experience to impose and enforce conditions to ensure that the merger will yield overall public interest benefits.',155 After considering how a transaction may affect the promotion of competition as an element of its public interest analysis, the Commission may craft competition-specific remedies. The Commission has authority to "attach conditions to a transfer of licenses and authorizations in 155 Applications of AT&T at 'lI 43 (2004). 58 5103307.02 REDACTED FOR PUBLIC INSPECTION order to ensure that the public interest is served by the transaction.,,156 The Commission's ability to attach conditions to a license transfer application is broad and encompasses remedies beyond those available to the antitrust enforcement agencies. 157 The Commission may impose conditions which "in its judgment the public convenience and necessity may require" and are "not inconsistent with law as it may be necessary to carry out the provisions of the ACt.,,158 The FCC could order, or the Transaction parties could agree to divest CNBC and other NBC news outlets in order to remedy the Transaction's harms. Absent such divestiture, the only way to protect independent business news programming is for the FCC to impose conditions that require Comcast-NBCU to provide BTV and other similarly situated independent programmers with the safeguards discussed below that will put them on an equal footing with CNBC. 1. Neighborhooding of independent business news programming. The failure to neighborhood channels creates a distinct competitive advantage for channels within the neighborhood and a corresponding distinct disadvantage with respect to channels outside a neighborhood. As demonstrated in the Marx Report, the placement of BTV outside of CNBC's "channel neighborhood" decreases the probability that an MVPD subscriber watches BTV by [[.JJ and decreases the hours spent watching BTV by [[.JJ. Such decrease undermines BTV's ability to compete for views and advertisers. 156 AOL, at 6556 'Il25. 157 Id. 158 . Id. (CIting 47 U.S.c. § 214(c); 47 U.S.c. § 303(r)). 59 5103307.02 REDACTED FOR PUBLIC INSPECTION [n its public interest statement, Comcast and NBCU agreed voluntarily to add certain independent channels to its digital line-up once digital migration is complete in 2011. 159 BTV respectfully submits that such voluntary commitments are hollow unless such independent networks attain channel placement that puts them on a level playing field with similar content providers, particularly those owned by Comcast-NBCU. Therefore, BTV requests that if the Commission determines to grant the Application, it must condition the merger on neighborhooding (placing on contiguous, adjacent channels) of business news on all Comcast systems in all places in the channel line up where CNBC is located within six months of the Commission's decision or DOJ Consent Decree. 2. Competing business news programming must be carried on the same tier as CNBC. Commission precedent recognizes the importance ofcarrying similar programming on the same cable program tier. 160 Failure to do so results in competitive harm for programming that is carried on a paid tier or higher-cost tier than other programming. In fact, BTV is only carried on cable systems' digital tiers, and where only analog service is available, BTV is not carried at all. 161 As a result, the Commission should require Comcast-NBCU to carryall competing unaffiliated business news networks on the same tier as CNBC and, as noted above, on contiguous, adjacent channels, wherever CNBC is carried. 159 See Application Public Interest Statement at 112. 160 Fouce Amusement Enters., Inc. Licensee of Television Station KRCA, Riverside, California, For Carriage on Paragon Cable System Serving Garden Grove, Westminster, and Huntington Beach, California, and Paragon Cable, Modification of KRCA Am Market for Must Carry Purposes, Memorandum Opinion and Order, 10 FCC Red 668 (1995). 60 5103307.02 REDACTED FUR PUBLIC INSPECTION 3. Bloomberg's remedies are a reasonable response to the competitive harm posed by Comcast's control over the competitor with an 85% share of the business news market. As previously set forth, the remedy simplest to implement and enforce from the perspective of the Commission would be the requirement that Comcast divest itself of its control over and any ownership interest in CNBC. Clearly, divestiture would eliminate any incentive of Comcast's to use its dominant position in the business news market to the detriment of its competitors. Ifthe Commission were not to require Comcast's divestiture of CNBC, however, the alternative remedies proposed by Bloomberg are reasonable methods for the Commission to eliminate the harm to independent sources of news and information. The proposed "neighborhooding" remedy -- requiring carriage of BTV and other business news networks in competition with CNBC (the "Business News Channels") by Comcast on channels located contiguously and adjacent to CNBC at each channel position where CNBC is located -- is grounded in the need to preserve independent, diverse sources of news and information programming. Bloomberg is the world's largest newsgathering organization, and BTV is the last major source of video news programming not affiliated either with an MVPD or a multi-channel programmer. Preservation of such diverse news sources is a fundamental piece of the architecture of the Commission's regulatory structure and merits use of a special remedy like neighborhooding to alleviate the harm that would otherwise be caused by Comcast's natural incentive to protect its hugely profitable CNBC channel from competition. 161 "I conclude that carriage of CNBC on basic or expanded basic decreases the carriage rate for Bloomberg TV on that tier by close to two-thirds (63%) ...." Marx Report at 22. 61 5103307.02 REDACTED FOR PUBLIC INSPECTION Requiring carriage of particular channels, in this case the business news channels, in the interest of preservation of diverse, independent sources of news and information programming is hardly unprecedented. Although the "must carry" rules applied to over-the-air broadcast stations,'62 in ordering cable systems to carry the local broadcast signals, as well as provide carriage of leased access stations, Congress specifically intended to "assure the widest possible diversity of information sources are made available to the public." 163 Moreover, when it imposed the "must carry" obligation, Congress went further and required placement of channels on the same position as broadcast over-the-air, 164 demonstrating that Congress recognized channel placement as a similarly important objective. Indeed, Congress made findings that it would insist upon carriage and channel placement because "in the absence of rules mandating carriage and channel positioning ... some cable system operators have denied carriage or repositioned the carriage of some television stations.,,165 Further, this was deemed necessary because a cable operator had a direct financial interest in promoting its own cable networks. 166 The Commission, in addition to imposing this requirement on cable MVPDs, has also determined to apply this to DBS operators,'67 with no significant difficulties encountered by either type of MVPD. 162 47 U.S.C. § 534(a). 163 H.R. Rep. No. l02-862 at 35 (1992). 164 47 U.S.c. § 534(b)(6). 165 H.R. Rep. No. 102-862, Section 2(a)(l0) (emphasis supplied). 166 Id., at Section 2(a)(lI). 167 47 C.F.R. §76.66. 62 5103307.02 REDACTED A)R PUBLIC INSPECTION More specifically, the importance of preserving competitive sources of news and information by requiring carriage of a competitive news channel has already been considered in the context of a merger between a cable MVPD and major programming distributor whose offerings included a major news service. When the Federal Trade Commission approved the merger of Time Warner, Inc. with Turner Broadcasting System in February 1997, the FTC expressly required Time Warner Cable to provide carriage to a competitor to Turner's CNN. 168 Thus, it is evident that as an initial matter the requirement of carriage, including the particular placement of channels for the consumer, is a reasonable remedy which has already been employed. Taking the next step of carriage that involves neighborhooding, specifically including the requirement that Comcast carry the Business News Channels on all tiers where CNBC is carried, is a reasonable way of preventing the competitive harm that Comcast has the incentive to cause to the business news channels. First, the reasonableness and feasibility of neighborhooding is demonstrated by the fact the MVPDs - even cable companies -- are already doing it. MVPDs regularly organize their channel placement around various genres, specifically including news, sports and children's programming. Specifically, the DirecTV and DISH channel line-up, as well as that of Verizon's FIOS and ATT's V-Verse are genre-based and they specifically cluster the business news programming of Bloomberg TV, CNBC, and Fox Business Network close to one-another. Comcast, too, is already creating neighborhoods on its systems. For example, on the Comcast 168 Time Warner Inc., et aI., Decision and Order, 123 FTC. 171, 197, 1997 FTC LEXIS 13 (Feb. 3,1997) (" ...Time Warner shall execute a Programming Service Agreement with at least one Independent Advertising Supported News and Information National Video Programming 63 5103307.02 REDACTED FOR PUBLIC INSPECTION system in the city of Washington, D.C., Comcast currently "neighborhoods" sports channels. It lines up together Comcast's own Versus (Channel 7), ESPN2 (Channel 8), ESPN (Channel 9) and Comcast Sports (Channel 10). This suggests that there is no technical impediment to neighborhooding. Second, placing BTV and Fox Business on the same tier and on contiguous and adjacent channels to CNBC can be accomplished with a minimum of disruption to customers. An analysis of the channel changes made by Comcast to its own systems demonstrates that this occurs with sufficient frequency that it is not particularly disruptive to customers. In nearly every system analyzed, there has been at least one channel adjustment in the last five years. In six of the top ten DMA's, Comcast has made channel adjustments at differing frequencies throughout the past five years. In the New York market, the largest DMA, Comcast has frequently changed channel positions over the past three years, with instances of more than 50 channels changed at one time within the previous year. In other sizable markets, such as Miami (five instances where more than 30 channels changed in the past six years, with additional changes over seven years) and Baltimore (over 120 channels changed in August 2008; nearly 30 channels in April 2010), Comcast has changed channel positions multiple times within the past year. The history of Comcast's channel position adjustments throughout many of the largest markets clearly indicates that channel positions are adjustable and changes to channel positions are part of Comcast's operational practices. Moreover, in an increasingly digital environment, Service, unless the Commission determines, upon a showing by Time Warner, that none of the offers of Carriage Terms are commercially reasonable"). 64 5103307.02 REDACTED FOR PUBLIC INSPECTION these changes and rearrangements of channel positions can be accomplished with little technological difficulty.'69 Third, Corncast cannot deny the value and importance of neighborhooding, in that Comcast itself is using neighborhooding to cause competitive harm to programmers in competition with them by denying competitive channels access to neighborhoods. In the Washington, D.C. system, for example, when Comcast introduced its own Versus sports network, it placed it on a channel adjacent to the two principal ESPN channels, plus its own Comcast Sports Network (channels 7-10), while leaving MASN's principal channel more than 30 channels away. To avoid the problem of Comcast's ability to use neighborhooding to cause competitive harm, Business News Channels must, therefore, be on contiguous and adjacent channels wherever CNBC is available for viewing on Comcast systems. Fourth, there is no basis to the objection that Comcast makes about capacity restraints, especially given that nearly all Comcast systems (80% of the Comcast footprint) will have converted expanded basic service to digital by the end of 2010 and there are virtually no limitations on digital capacity. 170 In a digital system, it is technologically simple to ensure that channels are placed beside each other in all tiers. Thus, placement of existing Business News Channels on channels contiguous and adjacent to CNBC can be accomplished with a minimum 169 Data from Tribune Media Services. See charts in Exhibit 4 showing the channel changes by market by frequency of date. 170 Application, at 18 n. 19; see also id. at 76-77 n.144. 65 5103307.02 REDACTED FOR PUBLIC INSPECTION of disruption. Indeed, in most of Comcast's top ten markets, there are even currently open channels within a few channel positions of CNBC. 171 Thus, it is evident that Bloomberg's proposed remedy - neighborhooding of the Business News Channels with CNBC in all tiers where Comcast carries CNBC - is a reasonable remedy to constrain Comcast's ability to harm and discriminate against BTV. In the absence of the requirement that Comcast divest CNBC, this form of relief is the only means of preventing Comcast from using its competitive position to eliminate the last independent source of news programming. 4. The Commission should require mandatory carriage and non discriminatory terms and conditions ofcarriage for independent news networks on Comcast digital platforms. The Commission has long recognized the ability and incentive of vertically integrated programmers to discriminate against unaftiliated programming. In two decisions that involved the combination of a signiticant MVPD and the owner of significant broadcast and non- broadcast programming, the Commission adopted a condition to address concerns about unaffiliated programmers' ability to secure carriage. Specifically, in both Liberty MedialDirecTV and News Corp/Hughes Electronics Corp., the Commission adopted a condition that prohibited discrimination against unaffiliated programming services "in the selection, price, terms or conditions of carriage." In this case, Comcast-NBCU will be subject to the Commission's program access rules. However, as discussed herein, the Commission's complaint rules do not address the needs of 171 See Exhibit 4. 66 5103307.02 REDACTED FOR PUBLIC INSPECTION independent programmers in a timely or cost-efficient manner. Before the Commission approves the Transaction, it should adopt a specific condition that requires Comcast-NBCU to include nondiscriminatory terms and conditions of carriage of independent programmers so that anticompetitive conduct can be addressed in a timely, cost-effective manner, and, as with the other remedies, an accelerated dispute resolution system, as set forth in Exhibit 2. 5. The Commission must prohibit any restriction, limitation or disincentive on the ability of alternative business news networks to offer their content on other platforms, including the Internet. a. Ban Limitations on TV Everywhere TV Everywhere is a business model where access to programming is limited to authenticated cable system subscribers. For BTV, which makes its content available via television and the Internet, Comcast's proposed "TV Everywhere" could result in BTV being forced to decide between carriage on Comcast's systems and continuing to provide its highly valued content to its customers via the internet. This model could have a direct, serious impact on the ability of BTV viewers to access BTV programming. The Commission should adopt a condition that prohibits any restriction, limitation or disincentive on the ability of alternative business news networks to offer their content on other platforms, including the Internet. b. Protect Internet Access The Commission found that Corneas! had "significantly impeded consumers' ability to access the content and use the applications of their choice" I72 by degrading the quality of I72 Broadband Industry Practices Petition of Free Press et al. for Declaratory Ruling that Degrading an Internet Application Violates the FCC's Internet Policy Statement and Does Not Meet an Exception for "Reasonable Network Management," Memorandum Opinion and Order, 23 FCC Red 13028 (2008). 67 5103307.02 REDACTED FOR PUBLIC INSPECTION transmission to customers using peer-to-peer networks. The recent D.C. Circuit decision determining that the FCC did not have authority over Comcast means that, until further regulation is imposed, Comcast could degrade signals of its users. BTV provides its content both via television and over the Internet. The vertical integration of Comcast with BTV's major competitor, CNBC increases the likelihood that such signal degradation could be used to negatively impact BTV's internet viewers. In the AOL-Time Warner merger, the Commission adopted a condition relating to anticompetitive use of the [instant messaging] function. 173 The Commission must adopt a similar condition to prevent Comcast-NBCU from reducing or degrading the quality of transmission of signals or feeds of competing business news networks on all Comcast platforms. 6. The Commission should prohibit Comcast from bundling advertising time on competing business news networks with advertising time on Comcast owned networks. The Commission has recognized that discrimination in advertising can impact diversity and that the Commission has jurisdiction to remedy such practices 174 Comcast-NBCU's ability to bundle advertising time on competing networks with advertising on its own networks, solely by virtue of its carriage contracts with competing networks, results in an unfair competitive advantage that will ultimately starve BTV and other independent programmers from advertising 17J "[O]ur condition gives AOL an incentive to interoperate by forbidding it from providing streaming video AIHS applications until it interoperates." AOL at 6626 'l! 190. The Commission determined that "the risk of our not intervening now, however, is to risk the emergence of a significant new business needing regulation, a result we and Congress wish to avoid especially on the Internet and interactive services. AOL at 6626 ')[ 188. 174 See Promoting Diversification of Ownership in the Broadcasting Services, 23 FCC Red 5922 'll 49 n.l00 (2008). 68 5103307.02 REDACfED FOR PUBLlC INSPECTION revenue they would achieve in the competitive market. In order for BTV and other independent programmers to survive after the proposed merger, the Commission must impose a condition prohibiting anticompetitive advertising bundling in order to ensure the merger is in the public interest. Accordingly, the Commission should prohibit the sale of advertising on non-Comcast owned Business News Channels l75 such as BTV together with advertising on affiliated 176 Comcast networks as part of a bundled sale of advertising by Comcast without the consent of the competing Business News Channel. Similarly, the Commission should prohibit Comcast from offering discounts or other inducements to advertisers that are tied directly or indirectly to reducing or refraining from advertising purchases on any Business News Channel other than CNBC or any other similar Comcast Business News Channel. Only in this manner can Comcast be prevented from foreclosing competitors to Comcast's programming networks, specifically CNBC, from access to advertisers by eliminating BTV's ability to compete for advertisers on a level playing field. 175 A "Business News Channel" shall be defined as a video programming network whose programming is focused on business and financial news reporting and analysis during the hours from 6:00 AM through 4:00 PM in the U.S. Eastern Time Zone, whenever U.S. securities and commodities exchanges are open and operating. 176 Affiliate shall have the meaning set forth in 47 U.S.c. § 522(2). 69 5103307.02 REDACTED FOR PUBLIC INSPECTION 7. The Commission should prohibit bundling for carriage of programming by Comcast The Commission has recognized the potential harm from programming available for purchase through programmer-controlled packages. 177 As set fonh in the Marx Repon, the Transaction will provide Comcast with the incentive to discriminate against BTV by offering programming bundling opponunities involving CNBC. Accordingly, the Commission should prohibit Comcast from offering to any MVPD or requiring any MVPD to accept any combination of NBCU's and Comcast's network programming, as a condition of receiving more favorable licensing terms than Comcast offers on an "a la cane" basis. 177 Tying Order; see also News Corp. 70 5103307.02 REDACTED FOR PUBLIC INSPECTION VII. CONCLUSION Comcast and GE have failed to meet their burden to demonstrate that the Merger serves the public interest. The Commission must deny the Merger as presently proposed. In the alternative, ifit determines to grant the Application, it can only do so with the imposition ofthe conditions set forth in Exhibit 2 to prevent the anti-competitive harm to BTV, the last independent source ofnews. Stephen Diaz Gavin Kevin 1. Martin Janet Fitzpatrick Moran Patton Boggs LLP 2550 M St., NW Washington, DC 20037 (202) 457-6000 Dated: 5103307.02 June 21, 2010 71 CERTIFICATE OJ<' SERVICE I, Jillian Gibson, a legal secretary at Patton Boggs LLP, hereby certify that on this 21 Sl day of June, 2010, I caused true and correct copies ofthe foregoing Petition to Deny to be served by first-class mail on the following individuals: Kathleen A. Zachem Vice President, Regulatory and State Legislative Affairs COMCAST CORPORATION 2001 Pennsylvania Avenue NW, Suite 500 Washington DC 20006 Richard Cotton Executive Vice President & General Counsel NBC UNIVERSAL, INC. 30 Rockefeller Plaza New York NY 1Ol!2 Ronald A. Stem Vice President & Senior Competition Counsel GENERAL ELECTRIC COMPANY 1299 Pennsylvania Avenue NW 9 th Floor Washington DC 20004 Jordan Goldstein Senior Director, Regulatory Affairs COMCASTCORPORATION 2001 Pennsylvania Avenue NW Sutie 500 Washington DC 20006 5102801.01 Brackett B. Denniston, III Senior Vice President & General Counsel GENERAL ELECTRIC COMPANY 3135 Easlon Turnpike Fairfield CT 06828 Joseph W. Waz, Jr. Senior Vice President, External Affairs and Public Policy COMCAST CORPORATION One Comcast Center Philadelphia PA 19103-2838 Margaret L. Tobey Vice President, Regulatory Affairs NBC UNIVERSAL, INC. 1299 PennsyLvania Avenue NW 9 1h Floor Washington DC 20004 A. Richard Metzger, Jr. Regina M .Keeney Lawler, Metzger, Keeney & Logan LLC 200I K Street NW, Suite 802 Washington DC 20006 REDACfED - FOR PUBLIC rNSPECfION Bryan N. Tramont Kenneth E. Salten David H. Solomon Natalie G. Roisman Wilkinson Barker Knauer LLP 2300 N Street NW, Suite 700 Washington DC 20037 Arthur 1. Burke Ronan P. Harty Rajesh James David Polk & Wardwell LLP 450 Lexington Avenue New York NY 10017 Michael H. Hammer James L. Casserly Michael D. Hurwitz Brien C. Bell Willkie Farr & Gallagher LLP 1875 K StreetNW Washington DC 20006 Exhibit 4 Summary Comcast Channel Lineup Query Spreadsheets Tuesday, June 22, 2010 Markets Queried' DMA Rank (2009-2010) Baltimore, MD 27 Boston,MA 7 Chicago,IL 3 Denver, CD 16 Detroit, MI 11 Miami-Ft. Lauderdale, FL 17 Philadelphia, PA 4 Pittsburgh, PA 23 NewYork (NY & Nj) 1 San Francisco, CA 6 Seattle-Tacoma, WA 13 Washington, DC 9 Paragraph Swnmary: In six of the top ten DMA's, Comcast has made channel adjustments at differing frequencies throughout the past five years. In the NewYork market, the largest DMA, Comcast has frequently changed channel positions over the past three years, with instances of more than 50 channels changed at one time within the previous year. In other sizable markets, such as Miami and Baltimore, Comcast has changed channel positions multiple times within the past year. The history of Comcast's channel position adjustments throughout many of the hugest markets clearly indicates that channel positions are adjustable and changes to channel positions are pan of Comcast's operational practices. Swnmary ofResults: Markets with changes in Comcast line"p: 1) Baltimore, MD a. Approximately 120 channels changed on 8/25/2008 b. Nearly 40 channels changed on 4/30/2010 2) Boston, MA a. Sy.;tem wide change in Brookline Communityon 6/14/2006 b. Small adjustments made throughout past 4 years 3) Chicago, IL a. More than 60 channels changed on 5/14/2003 b. Small adjustments made throughout 2003-2008 (None after 2008) 4) Denver, CD a. Changes only made on specific dates (3 times in past year) b. Sy.;tem wide changes in April and June of 2010 (more than 100 channels changed) 5102633 5) Detroit, MI a. Small changes only made on specific dates (6 times in past 10 years) b. Largest number of changes at one time were 7 on 3/5/2010 6) Miami-Ft. Lmderdale, FL a. Three instances where more than 30 channels were changed over the past six years b. Adjustments to channel positions frequently made over the past 7 years 7) NewYork Market a. New York Section i. On June 2, 2010, nearly60 channels were changed ii. Adjustments have been made periodically throughout last 3 years iii. On 12/5/2006 more than 70 channels changed b. NewJersey Pan 2 i. Five instances where more than 50 channels were changed in the past 6 years ii. Adjustments to channel lineup frequently made over the past 5+ years. c. NewJersey Pan 3 i. Three instances where more than 50 channels were changed in the past 6 years ii. Adjustments to channel lineup frequently made over the past 5+ years d. NewJersey Pan 4 i. Five instances of more than 50 channels being changed in the past 8 years ii. Changes in channel positions were frequently made over the past 3+ years 8) Philadelphia, PA a. More than 100 channels were changed at one time twice in the past 4 years b. Nearly 60 channels were changed on May 6,2010 9) San Francisco, CA a. Only one channel changed on 4/27/2004 (Fox Spans en Espanol) 10) Seattle-Tacoma, WA a. System wide changes on 12/8/2009 11) Washington, DC a. Onlychanges made were HBO and SHOW on 1/5/2010 Markets uJz"tb no cbanges in Comcast lineup based on available data: 1) NewJersey Pan 1 (New York Market) 2) Pitts burgh, PA 5102633 5/24/20070:00 8/25/2008 0:00 11/20/20080:00 4/16/20090:00 4/20/2009 0:00 4/21/20090:00 c ;. 12/13/20090:00 S- O ::r III e5 2/4/20100:00 to 4/26/20100:00 4/29/2010 0:00 4/30/2010 0:00 5/3/2010 0:00 5/5/20100:00 5/10/2010 0:00 Number of Channels Changed -I' o (') o C :::J - 1JI III :i 3 o iil s:: o n o 3 o III 2l. n :::r III :::I :::I ~ n :::r III :::I ce CD UI ~ o ~ Number of Channels Changed a '" a .... a 0:> a a a '" a t---.L__~~-~._-~--~ () o c ~ 9- o Ii ~ <' CD 10. !". CD 4/12/2010 0:00 8/9/2005 0:00 1/22/20090:00 5/16/2005 0:00 8/12/20030:00 10/22/2008 0:00 10/30/2008 0:00 6/14/2006 0:00 tJl 0 III - 6/29/2006 0:00 0 :::I 0 0 3 7/6/20060:00 n QI III - 0 r:~ c :::r Dl 12/13/2006 0:00 QI - :::I iiJ'1 CD :::I 0 !2.~ - <" n 0 ICD ::T Dl :::r 0. ::l 2/2/20070:00 QI !". '" :::I CD CD CQ CD III 6/28/2007 0:00 0' '< C QI - CD 4/21/2008 0:00 o :::T (i" III lQ .9 r o o 3 n III !!l o :::T III ~ ~ !!!. o :::T III ~ lQ CD III ~ C III CD Number of Channels Changed ~~~~~~0 0 11/4/2002 0:00 4/8/2003 0:00 5/14/2003 0:00 5/27/20030:00 6/30/20030:00 7/28/2003 0:00 8/25/2003 0:00 2/10/2004 0:00 2/13/20040:00 3/1 8/2004 0:00 7/16/20040:00 0 8/19/2004 0:00 Ol - lD 3/9/2005 0:00 0 - (') ::r 8/10/2005 0:00 Ol ::I 10 lD 8/15/20050:00 1/18/20060:00 2/1/2006 0:00 8/2/2006 0:00 2/22/2007 0:00 7/26/20070:00 12/7/2007 0:00 1/10/2008 0:00 1/11/2008 0:00 8/19/2008 0:00 11/10/2008 0:00 11/13/20080:00 Denver, CO Comcast Channel Changes by Date ICount of cl effective datel 180 - 160 140 'C .. Cl 16 120 .c U ~100 c j u 80 'l5 ~ .. ~60 ::l Z 40 20 o I I 3/30/2010 0:00 4/27/20100:00 Date of Change ICI effective date] 6/2/2010 0:00 ICount of cl effective datel 8 - Detroit, MI Comcast Channel Changes by Date 7 6 'g Cl 16 Q 5 III c;; l: 16 4 Q '0 .8 3 E ::l Z 2 0+1-- 3/13/2001 0:00 12/4/2002 0:00 8/29/2006 0:00 Date of Change Icl effective datel 8/19/2008 0:00 3/5/2010 0:00 a Number of Channels Changed N (J,) .::::.. 01 a 0 a a a m a 3: iii" 3 ";lI r III C Co (I) .. Co !!!. (I) o o 3 n III III - o :::r III ::::I ::::I !!!. o :::r III ::::I lC (I) III ~ C III - (I) +-----~._~----~---~_._~- 8/19/2003 0:00 .- b' 12/15/2004 0:00 § - 12/20/2004 0:00 ? 'l. 12/28/20040:00 ? ? 1/20/2005 0:00~ 2/1/20050:00 .. g. ' ??111~2/8/2005 0:00 '" 3/25/2005 0:00~~ 3/30/20050:00 )II 6/8/2005 0:00~.. _ 6/21/2005 0:00 .. 7/27/20050:00 .. 7/28/20050:00 ,-__ 9/15/2005 0:00~_. 3/14/2006 0:00~__ 5/31/20060:00 .. 6/1/2006 0:00~_ 8/21/2006 0:00 1/10/2007 0:00 Ii? 1/11/20070:00 )"__111 - co 1/12/20070:00 'l.1::~::::::'~????11111 (") 4/3/2007 0:00 [ 4/10/20070:00 'g 4/17/20070:00 9/13/20070:00 9/22/20070:00 } 10/25/2007 0:00 )I 11/5/20070:00 11/6/2007 0:00 2/12/2008 0:00 2/20/2008 0:00 3/19/2008 0:00 3/25/2008 0:00 4/8/20080:00 5/8/2008 0:00 6/19/2008 0:00 12/19/2008 0:00 , 5/29/2009 0:00 2/10/20100:00 '-_ 3/2/20100:00 ).__? 3/4/2010 0:00 3/25/20100:00 3/30/2010 0:00 New York Section of New York Market Comcast Channel Changes by Date li; 30 I ~ ::J Z 20 '0 ICau nt of cl effective dateI 80 1 70 j 60 o +-IL-~~ 10 'g 01 c III s:; 50 (.) III a; C lij 40 Q 9/17/20040:00 12/5/20060:00 10/23/20070:00 4/16/20090:00 8/11/20090:00 12/24/2009 0:00 3/29/20100:00 6/2/20100:00 Date of Change IcletteCtlVedateI Number of Channels Changed '" '" ... '" '" .... 0:> <0 a a a a a a a a a a 8/21/20030:00 () 7/6/2004 0:00 0 8/17/2004 0:00 c a 9/2/2004 0:00 g, 12/1/2004 0:00 12/9/20040:00 Q. I 7/1/2005 0:00 <tl 11/23/20050:00 =t <tl 12/2/2005 0:00 g 2/2/2006 0:00 < 5/16/2006 0:00 <tl 6/1/2006 0:00 c. 6/28/2006 0:00 OJ - 8/23/2006 0:00 <tl 10/2/2006 0:00 11/30/2006 0:00 12/5/2006 0:00 12/14/20060:00 4/5/20070:00 4/17/20070:00 10/9/20070:00 10/18/20070:00 10/23/20070:00 10/24/20070:00 10/31/20070:00 1/8/2008 0:00 1/11/20080:00 1/14/20080:00 2/1/2008 0:00 3/17/2008 0:00 3/25/20080:00 C 7/22/2008 0:00 III - 8/4/20080:00 CD 8/12/2008 0:00 0 - 10/9/2008 0:00 () 10/30/2008 0:00 ::r 12/18/2008 0:00 III ::> 1/11/20090:00 co 1/12/20090:00 CD 1/14/20090:00 4/6/2009 0:00 4/14/2009 0:00 5/5/20090:00 6/5/20090:00 6/16/2009 0:00 6/22/20090:00 6/23/20090:00 6/30/20090:00 7/7/20090:00 7/20/20090:00 7/30/2009 0:00 8/11/2009 0:00 10/12/2009 0:00 10/13/2009 0:00 10/14/2009 0:00 11/1/2009 0:00 11/3/2009 0:00 12/2/2009 0:00 12/11/2009 0:00 12/1 5/2009 0:00 12/17/2009 0:00 12/24/2009 0:00 1/4/20100:00 1/7/20100:00 1/20/20100:00 3/25/2010 0:00 3/29/2010 0:00 5/11/20100:00 6/1/2010 0:00 6/2/20100:00 Z ~ c.. ~ ... til ~ "'C III ~::\. =:N o 0 ... ji"Z :I:~ §~ - ... ~;II; a.=: o III ::J ... ~~ 0.0 ~~ ... n (;~ ::J _ 00 o :::T c: III ::J ::J ~::J ~~ til ~o :::T III ::J IC ~ til .z c III ;- .... co a a ~ () 0 c :;) - S- " 1;;;- =I: CD @. < Z ICD III 0- lE !!l, C- CD III .. 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(") 6/30/20090:00 :T ~7/7/20090:00 cg 7/20/20090:00 7/30/20090:00 8/11/2009 0:00 10/13/2009 0:00 10/14/2009 0:00 11/1/2009 0:00 11/3/2009 0:00 12/11/20090:00 12/15/20090:00 12/17/20090:00 12/24/20090:00 1/4/20100:00 1/20/2010 0:00~_ 3/25/20100:00 3/29/20100:00 5/11/20100:00 6/1/20100:00 a a '" a en a '" a O:l a CD a 8/21/2001 0:00 5/9/2002 0:00 5/1 5/2003 0:00 8/8/20030:00 8/21/20030:00 10/16/2003 0:00 10/22/20030:00 1/8/2004 0:00 7/6/20040:00 8/18/2004 0:00 8/17/20040:00 8/31/2004 0:00 9/2/2004 0:00 9/8/2004 0:00 9/9/20040:00 12/3/2004 0:00 12/9/2004 0:00 2/7/20050:00 7/1 /2005 0:00 11/9/2005 0:00 11/23/2005 0:00 12/1/2005 0:00 12/2/20050:00 2/2/2008 0:00 2/27/20060:00 4/25/2006 0:00 6/1/20060:00 6/28/2006 0:00 8/23/2006 0:00 10/2/20080:00 11/15/2008 0:00 11/30/20060:00 12/5/2006 0:00 12/14/2006 0:00 4/5/2007 0:00 4/17/2007 0:00 7/20/20070:00 10/9/2007 0:00 10/16/2007 0:00 10/17/20070:00 10/23/2007 0:00 10/24/2007 0:00 10/31/2007 0:00 '/8/2008 0:00 1/ 4/2008 0:00 3/25/2008 0:00 3/27/2008 0:00 6/25/2008 0:00 8/4/20080:00 8/5/2008 0:00 8/12/2008 0:00 10/15/2008 0:00 10/30/2008 0:00 12/18/2008 0:00 1/11/2009 0:00 1/12/20090:00 1/13/2009 0:00 4/6/2009 0:00 4/8/2009 0:00 4/14/2009 0:00 5/5/20090:00 6/5/2009 0:00 6/8/20090:00 6/16/2009 0:00 6/22/2009 0:00 6/23/20090:00 6/30/20090:00 7/6/20090:00 7/20/20090:00 7/30/20090:00 8/11/20090:00 9/10/20090:00 10/12/20090:00 10/13/20090:00 10/14/20090:00 10/26/20090:00 10/27/20090:00 11/1/20090:00 11/3/2009 0:00 12/11/20090:00 12/15/2009 0:00 12/17/2009 0:00 12/24/2009 0:00 1/4/20100:00 1/7/20100:00 1/20/20100:00 2/15/2010 0:00 3/16/20100:00 3/25/2010 0:00 3/29/2010 0:00 4/26/20100:00 5/11/20100:00 5/13/2010 0:00 6/1/20100:00 6/2/2010 0:00 a 0 t:: ~ ... 0 - Q. ~ I §l: ~ '" Q. <' I CD :. 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(I) a a (Xl a en a ... a I\) aa 5/17/2000 0:00 6/6/2001 0:00 1/10/20020:00 )iIIII--- 1/18/2002 0:00 4/11/2002 0:00 6/25/2002 0:00 6/26/20020:00 )- _ 11/18/2002 0:00 1/30/2003 0:00 6/4/2003 0:00 6/25/2003 0:00 7/28/2003 0:00 11/6/2003 0:00 4/12/2004 0:00 4/14/2004 0:00 7/15/2004 0:00 9/9/2004 0:00 9/10/2004 0:00 1/31/2005 0:00 2/22/2005 0:00 7/21/20050:00 c 7/28/2005 0:00 !!l. 8/1/2005 0:00 ; 4/25/2006 0:00 (1 6/26/2006 0:00 1; 6/28/2006 0:00 cE 7/17/2006 0:00 CD 8/9/2006 0:00 8/10/2006 0:00 9/13/2006 0:00 12/14/20060:00 )- _ 1/23/2007 0:00 6/12/2007 0:00 7/20/2007 0:00 9/27/2007 0:00 10/15/2007 0:00 11/9/2007 0:00 4/3/20080:00 )- _ 7/15/2008 0:00 7/17/20080:00 4/14/2009 0:00 8/3/2009 0:00 8/11/2009 0:00 9/15/2009 0:00 2/24/2010 0:00 3/25/2010 0:00 3/26/2010 0:00~:::~__IIII 4/13/20100:00 5/6/2010 0:00 Seattle-Tacoma, WA Comcast Channel Changes by Date [Count of cl effective date I 350 " 300 i 250 en l: '" s; C) .!!! 200 Gl l: l: '" s; ~150 o ~ 1: E i 100 50 o +1 -----.J 12/8/2009 0:00 Date of Change ICI effective datel CERTIFICATE OF SERVICE I, Rory E. Adams, hereby certifY that on this 24th day ofJune 2010, I caused true and correct copies ofthe foregoing Erratum to Petition to Deny to be served by first-class mail on the following individuals in the version indicated below: , Kathleen A. Zachem Vice President, Regulatory and State Legislative Affairs COMCAST CORPORATION 2001 Pennsylvania Avenue NW, Suite 500 Washington DC 20006 Richard Cotton' Executive Vice President & General Counsel NBC UNIVERSAL, INC. 30 Rockefeller Plaza New York NY 10112 Ronald A. Stern' Vice President & Senior Competition Counsel GENERAL ELECTRIC COMPANY 1299 Pennsylvania Avenue NW 9 th Floor Washington DC 20004 Jordan Goldstein' Senior Director, Regulatory Affairs COMCAST CORPORATION 2001 Pennsylvania Avenue NW Sutie 500 Washington DC 20006 Brackett B. Denniston, III' Senior Vice President & General Counsel GENERAL ELECTRIC COMPANY 3135 Easton Turnpike Fairfield CT 06828 Joseph W. Waz, Jr. ' Senior Vice President, External Affairs and Public Policy COMCAST CORPORATION One Corncast Center PhiladelphiaPA 19103-2838 Margaret L. Tobey' Vice President, Regulatory Affairs NBC UNIVERSAL, INC. 1299 Pennsylvania Avenue NW 9 th Floor Washington DC 20004 A. Richard Metzger, Jr. t Regina M .Keeney Lawler, Metzger, Keeney & Logan LLC 2001 K Street NW, Suite 802 Washington DC 20006 Bryan N. Tramont t Kenneth E. Satten David H. Solomon Natalie G. Roisman Wilkinson Barker Knauer LLP 2300 N Street NW, Suite 700 Washington DC 20037 Arthur J. Burket Ronan P. Harty Rajesh James David Polk & Wardwell LLP 450 Lexington Avenue New York NY 10017 Michael H. Hammer t James L. Casserly Michael D. Hurwitz Brien C. Bell Willkie Farr & Gallagher LLP 1875 K Street NW Washington DC 20006 / :x:- I Rory E. Adams * Redacted - For Public Inspection t Highly Confidential- Subject to First and Second Protective Orders in l'vrn Docket No. 10-56 before the Federal Communications Commission