|
|
Article: Hill keeps the heat on mergerists: but Malone, Diller continue to insist megadeals will enhance competition. (US Congress, John Malone, Barry Diller)
- Article from:
- Broadcasting & Cable
- Article date:
- December 20, 1993
- Author:
CopyrightCOPYRIGHT 1993 Reed Business Information, Inc. (US). This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Key lawmakers last week continued to voice concerns about the merger mania that has infected the cable and telephone industries.
Senator Howard Metzenbaum (D-Ohio), at a hearing before his antitrust subcommittee, grilled Tele-Communications Inc. President John Malone about TCI's proposed $30 billion merger with Bell Atlantic and QVC Chairman Barry Diller about QVC's cable- and telco-backed bid for Paramount.
Metzenbaum also called on the Federal Trade Commission and the antitrust division of the Justice Department to create "special units of experienced antitrust lawyers" to scrutinize the mergers. He said he hoped that the TCI-Bell Atlantic merger would ...
Related newspaper, magazine, and journal articles:
|
|
Article: Diller moving aspiring TV network to L.A. (Barry ...
Los Angeles Business Journal;
November 13, 1995 ;
700+ words
... ... another television network, as the Barry Diller-controlled Silver King Communications ... in 1992. In August, media magnate Barry Diller acquired a 20 percent stake in Silver ... continued. "But if anybody can do it, Barry Diller can. I wouldn't bet against him ...
|
|