T will now have both a Satellite TV company and a Cable TV company, in addition to their own phone services.
It's always nice to see the consolidation into propaganda giants. It's easier that way.we don't have to rush out, get a variety of information, and have to think for ourselves.
Everyone accuses trump of attacking the freedom of the press when it's sold out to giant corporate monopolies.
Just think about the long ago era when TV was free, and your phone bill was less than $50 per month.
Now, people are addicted to their phones and families pay $150 per month for their addiction.
TV and Internet bills are $150 - $200 per month, and people only watch about 25% of the channels they pay their TV provider for.
And every year the companies raise their rates even higher. Every year we continue to pay the ever higher prices.
Just think about the long ago era when TV was free, and your phone bill was less than $50 per month.
Now, people are addicted to their phones and families pay $150 per month for their addiction.
TV and Internet bills are $150 - $200 per month, and people only watch about 25% of the channels they pay their TV provider for.
And every year the companies raise their rates even higher. Every year we continue to pay the ever higher prices.
Rumor is that Verizon will make a bid for CBS in a few days.
Watch Amazon but Netflix for a big premium
It's still amazing that we have laws on the books to limit monopolistic power and encourage competition, and then we allow government to ignore them. With the quality of protection we get from government, who needs enemies. Apparently with the right lobbying (code for bribery of elected officials) and judge shopping, anything can be justified.
That's not entirely true. I often wonder why the right has so much disdain for Bill Clinton. During his presidency, he signed John Kasich's Taxpayer Relief Act of 1997, which ended up causing the .com bubble crash. But more to this point, he also signed the Telecommunications Act of 1996, which was designed to de-regulate aspects of the telecommunications business to create more competition in the industry. It backfired even more spectacularly. It quite literally opened the door for the most powerful companies to completely take over via mergers, takeovers and acquisitions...i.e. the monopolies we're currently experiencing.
EDIT: I don't mean for this to read as the right is always wrong, just that he signed several legislations that the right would most certainly be cheering about...tax relief, deregulation, etc.