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| TIME | SPEAKER | TEXT |
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| 00:00:31 |
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THE SUBCOMMITTEE WILL RECONVENE. OUR APOLOGIES FOR THE LENGTHY DELAY. IT IS A MATTER OVER WHICH WE... |
| 00:01:52 |
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MR. ADAM THA DWRCHLT ER IS THE PRESIDENT OF THE PROGRESS AND FREEDOM FOUNDATION. WE WELCOME EACH OF... |
| 00:07:33 |
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THE GREAT ICONS OF AMERICAN BROADCASTING AND COMMUNICATIONS PART OF THE COMCAST FAMILY. WE PROMISE... |
| 00:13:10 |
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COMPANY. THIS DEAL WILL GIVE US THE RESOURCES AND TOOLS TO INNOVATE AND ADAPT IN AN UNPREDICTABLE ... |
| 00:18:58 |
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COMPLAINANT WHO DOESN'T HAVE THE ACCESS TO THE DATA, SINCE THERE IS ABSOLUTELY NO PRICING TRANSPARENCY.... |
| 00:24:31 |
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START IN FLUSHING OUT THE PRINCIPLES WHICH BOTH OF US CONSIDER IMPORTANT. WE BELIEVE THIS CAN STRENGTHEN... |
| 00:30:34 |
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TEST FOR THE INTERNET AS THE ALTERNATIVE VIDEO PLATFORM THAT CAN COMPETE WITH CABLE. IF POLICYMAKERS... |
| 00:35:26 |
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NEW BUSINESS MODELS AND OWNERSHIP STRUCTURES. ALTHOUGH THERE ARE NO GUARANTEES, DEALS LIKE COMCAST-NBC... |
| 00:35:39 |
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CRUCIAL SO WE CAN FIGURE OUT WHAT WORKS AND WHAT DOESN'T. THANK YOU AGAIN FOR INVITING ME HERE TODAY.... |
| 00:38:21 |
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OWNER AND ONE OF THE FOUNDERS OF HULU. SO MR. ROBERTS AND MR. ZUCKER, MY QUESTION TO YOU IS THIS --... |
| 00:40:08 |
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AND IT'S GROWING AT A VERY FAST RATE. SO IN THIS TRANSACTION, IF YOU LOOK AT THE FACTS, THERE ARE 30... |
| 00:40:52 |
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I'M NOT AWARE EXACTLY WHAT SHE'S REFERRING TO, BUT -- DO YOU AGREE THAT SHE OUGHT TO HAVE ACCESS... |
| 00:42:00 |
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ARE DELIVERED OVER THE AIR BY NBC TODAY AND ARE THEN AVAILABLE ON THE NBC.COM WEB SITE FOR ONLINE VIEWING... |
| 00:43:34 |
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SO WHEN YOU MAKE THAT STATEMENT, YOU KNOW, COMCAST, NBC IS NOT ALL OF PRODUCTION, NOT ALL OF DISTRIBUTION.... |
| 00:45:23 |
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RECORD OF COMCAST MAKING IT DIFFICULT FOR COMPETITORS TO ENTER. YOU CAN -- YOU'VE HEARD FROM THOSE... |
| 00:45:48 |
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LOSE COMCAST, WILL DOMINATE AND WE'LL LOSE COMPETITION? HE'S BUTTRESSING YOUR ARGUMENT IN A WAY SO... |
| 00:46:26 |
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AND, YOU KNOW, I HEAR A LOT OF CONCERN ABOUT ADVERTISERS AND VIEWER OPTIONS FROM MARK. I'M SURE THE... |
| 00:46:37 |
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THEY HAVE A LOT OFONDS. I HAVE DATA I PRESENTED IN MY TESTIMONY THAT SHOWED HOW MANY DIFFERENT AVENUES... |
| 00:47:00 |
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GIVEN THAT COMCAST WOULD NOT BE GAINING ANY NEW CABLE PROPERTIES TO COMPETE WITH YOUR COMPANY, WHAT... |
| 00:48:26 |
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I'M SURE SOMEWHERE WE'LL TALK ABOUT THE INTELLECTUAL PROPERTY AND HOW TO PROTECT IT. WE ARE VERY MUCH... |
| 00:48:49 |
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THAT'S WHERE THE CONSUMER WANTS TO BE. MAY I RESPOND TO THAT -- CLARIFY -- SURE, VERY QUICKLY. PARDON... |
| 00:49:36 |
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PROTECTING CONTENT AVAILABLE ON LINE, ONLINE CONTENT THEFT IS A SERIOUS PROBLEM. IT'S A DRAIN ON OUR... |
| 00:53:36 |
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WOW, DISH NETWORK, VERIZON FIOS, AT&T UVERSE COMPELS US TO HAVE A PRODUCT AS FAIRLY EXCITING, PRESENTED... |
| 00:53:53 |
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YOUR CONTENT AND OTHER CONTENT NOT PRODUCED BY YOUR ORGANIZATION -- WE HAVE TO GET THE BEST CONTENT,... |
| 00:54:14 |
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EXPECTING COMCAST TO LOOK OUT FOR ITS OWN, AND IF SO, WOULD YOU EXPECT SUCH A PREFERENCE TO BE GOOD... |
| 00:54:39 |
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MR. CHAIRMAN, I KNOW MY TIME HAS EXPIRED. I WANT TO POINT OUT THAT COMPANIES LIKE PEOPLE ENERGIY ... |
| 00:58:59 |
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THAT IT WILL NOT DENY ITS VIDEO DISTRIBUTION RIVALS ACCESS TO THE NBC U. BROADCAST OR CABLE PROGRAMMING... |
| 01:03:33 |
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YOU SUBMIT THE BALANCE OF THOSE ANSWERS IN WRITING. WE'RE GOING TO BE SUBMITTING SOME ADDITIONAL QUESTIONS... |
| 01:06:18 |
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AGAIN, MR. ROBERTS, FURTHER, PUT UP ROADBLOCKS TO FIRST OR INITIAL CONTRACT NEGOTIATIONS WITH THE... |
| 01:06:36 |
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SHOULD THEY BREAK DOWN BETWEEN COMCAST AND EMPLOYEES SEEKING TO FORM A UNION? WILL COMCAST SUPPORT OR... |
| 01:07:00 |
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HAVE A BREAKDOWN. SO IF THAT'S A HELPFUL WAY, THAT'S SOMETHING WE'LL CONSIDER, SURE. NOW THESE QUESTIONS... |
| 01:07:30 |
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EFFORT TO EXTEND THE MARKET DIVISION AGREEMENT THAT HAS EXISTED BETWEEN CABLE OPERATORS AND PHYSICAL... |
| 01:07:55 |
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I'M GOING TO REQUEST MS. ABDOULAH GIVE US HER COMMENTS. I'M CONCERNED, SIR, FOR TWO REASONS. ONE,... |
| 01:08:32 |
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I THINK THAT TV EVERYWHERE JUST TO BE CLEAR IS MEANT TO SAY IF YOU'RE SUBSCRIBEING THE WAY IT WAS... |
| 01:09:05 |
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DR. COOPER ASSERTS THAT A LACK OF COMPETITIVE PRESSURE HAS FAILED TO PRODUCE APPRECIABLE DOWNWARD... |
| 01:10:03 |
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SNEFT IS -- OUR SNIFF IS ANY DIFFERENT GIVEN THE TWO COMPANIES COMING TOGETHER. I THINK THAT THE QUALITY... |
| 01:10:38 |
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WE ASKED COMCAST SPECIFICALLY FOR THE RIGHTS, AND THEY -- WE GOT SORT OF EXCUSES LIKE IT'S NOT READY... |
| 01:11:14 |
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THEIR ITEMS, INCREASED THE PRICE OF CABLE, INCREASED THE MARGIN CABLE CUSTOMERS. THAT IS INCONSISTENT... |
| 01:12:46 |
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IT'S NOT A COMCAST IDEA. SO HOW CAN WE ENSHRINE THESE PRINCIPLES OF NONDISCRIMINATION AGAINST THOSE... |
| 01:17:07 |
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SO THAT'S THE CONVERSATION I THINK WE HAVE TO HAVE GOING FORWARD, AND THIS AGREEMENT THAT YOU HAVE... |
| 01:18:30 |
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ABDOULAH IF WE SHOULD CONSIDER BRINGING THOSE ACCESS PROCEDURES UP TO SPEED, FOR INSTANCE, BY REQUIRING... |
| 01:20:54 |
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BUT I -- I THINK THAT WE HAVE NO PROBLEM WITH THE FCC HAS SAID IT WANTS TO REVIEW HOW IT TIMELY RESOLVES... |
| 01:22:51 |
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FAIR AND IT'S MARKET BASED, AND THE TIMING. THAT THERE'S A SET TIMING FOR THE ARBITRATION PROCESS.... |
| 01:23:23 |
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THIS ROOM BECAUSE AT 2:00 THERE WILL BE A HEARING INVOLVING SECRETARY SEBELIUS ON THESE PREMESIS.... |
| 01:26:40 |
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THANK YOU ALL. I YIELD BACK. WE WILL ASK THOSE TO WHOM THOSE QUESTIONS WERE ASKED TO RESPOND IN WRITING?... |
| 01:27:37 |
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DISADVANTAGE. IN YOUR ITEM YOU TALK AT A STRONG SET OF SEPARATION REQUIREMENTS FOR THE SUBSIDIES OF... |
| 01:28:38 |
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BETWEEN THE TWO. AND IN FAMILIAR, A REMEDY THAT THAT CABLE CARRIER COULD FIND IF WE WERE AT STAND STILL... |
| 01:28:52 |
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IS THE NETWORK COULD BE BROUGHT IN AROUND THE LOCAL AFFILIATES, CIRCUMVENTING THE PROCESS. DO YOU AGREE,... |
| 01:29:23 |
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OKAY, AS I MENTIONED IN MY STATEMENT. THERE ARE CONCERNS THAT THE JOINT VENTURE MAY CAUSE A DOMINO... |
| 01:30:15 |
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WILL SAY, I HAVE TO HAVE THE SAME DEAL. YOU'LL CREATE A SITUATION IN WHICH EVERYONE IS SEEKING TO ... |
| 01:31:30 |
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WE'RE NOT SERVED -- COMCAST CABLE IS VERY MINOR SHARE OF THE MARKET. VERIZON HAS A MUCH LARGER SHARE.... |
| 01:32:35 |
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THEY'LL HOPE TO BE ABLE TO PLAY A CONSTRUCTIONIVE ROLE IN RETRANS CONVERSATIONS, ALL OF THOSE GIVE... |
| 01:33:05 |
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I WOULD LOOK FOR A STRONGER CONDITION AND MORE SEPARATION. AND SOME CLARITY. ON NONINTEGRATION OF BOTH... |
| 01:33:35 |
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TO DEMAND BIGGER BUNDLES AT HIGHER PRICES FROM YOUR LOCAL CABLE OPERATOR, WHO IS NOT COMCAST. THAT... |
| 01:34:03 |
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NOT APPLIED TO NBCU. THEY WILL APPLY GOING FORWARD. WE'LL NOW BE SUBJECT TO THOSE RULES. I THINK THERE... |
| 01:34:56 |
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FOSTER FOSTER MINORITY OWNERSHIP? AND RECRUITING AND RETENTION OF MINORITY EMPLOYEES? TO THE EX-TENT... |
| 01:37:10 |
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THERE'S A GREAT OPPORTUNITY TO SMALLER OWNERSHIP THAN JUST THE LARGE OWNERS. |
| 01:37:23 |
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MR. RUSH CAN WE MOVE ON? THANK YOU VERY MUCH. THE GENTLEMAN FROM VERMONT, MR. WELCH IS RECOGNIZED FOR... |
| 01:38:59 |
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I REALIZE ARBITRATION IS AVAILABLE FOR A SMALLER PROGRAM, LIKE THE WOW NETWORK HAD A DISPUTE ABOUT... |
| 01:39:40 |
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IT IS A LONG PROCESS. THE WORST PART ABOUT SIT TWO THINGS. DO NOT GET GUARANTEED THAT THE PROGRAMMER... |
| 01:40:01 |
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SECONDARILY, I WOULD HAVE TO BE THE ONE THAT WOULD PROVE THAT THE PRICING'S NOT RIGHT. I DON'T HAVE... |
| 01:40:44 |
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ENFORCING THE CONDITIONS. ON THIS MERGER, THE ANSWER IS, IT SHOULD NOT GO FORWARD AND CONGRESS NEEDS... |
| 01:41:23 |
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THE UNIONS, ESPECIALLY THE CWA HAS CONCERNED BASED ON WHAT THEY SAY HAVE BEEN A DIFFICULT HISTORY.... |
| 01:43:10 |
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I THINK IT STARTS WITH HAVING A GREAT RELATIONSHIP WITH YOUR EMPLOYEES. IF THEY'RE IN A UNION, RESPECTING... |
| 01:44:31 |
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CURRENTLY DISCONNECT USERS. I APPRECIATE THAT POLICY. THERE'S THOUGH AVENUES FOR THE USE TOERS HAVE... |
| 01:46:19 |
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THAT THREE STRIKE. WE'RE TRYING TO FIGURE THAT OUT AS WE SPEAK. WE'RE GOING TRY TO USE BOTH STROIS... |
| 01:46:38 |
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I UNDERSTAND. THANK YOU VERY MUCH. THANKS TO ALL OF THE MEMBERS FOR THEIR EXPEDITIOUS QUESTIONS ... |
| 01:47:06 |
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MR. CHAIRMAN, I WOULD ALSO URGE THAT THE COMMITTEE CALL THE FCC AND THE DEPARTMENT OF JUSTICE BEFORE... |
NOTE: The transcript for this program was compiled from uncorrected Closed Captioning.