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  Previous Issues:
March 7, 2011 @ 2:30 PM
Horowitz
More Retrans --- Nielsen a 'Buy' --- Cable Brags

Analyze This: A new study from Bortz Media and Sports Group for the NCTA claims, "The U.S. cable industry supports nearly 1.8 million jobs representing gross economic output amounting to more than $251 billion, and has continued to grow in recent years despite the national economic downtown ... "  Click here for details and here for an interactive map. --- SNL Kagan’s Deborah Yao reports Madison Square Garden reported a 40% increase in net income for Q4. --- Deutsche Bank initiated coverage of Nielsen with a ‘buy’  and a target of $34/share citing staggered contracts, a dominant competitive position and “sustainable competitive advantage.”  (Maybe.)

Retrans: As Bernstein Research’s Craig Moffett notes about the retrans proceedings, “By most accounts ... the prospects are relatively dim for eliminating the non-duplication rules.  The FCC’s rulemaking is, in fact, more like an 'inquiry' than a 'rulemaking' (in FCC-speak, an NOI rather than an NPRM).  We don’t expect much to change.  In the past, we’ve argued that it is scale, and specifically relative scale, that matters.  Bigger distributors get better deals than smaller ones; ditto bigger broadcast groups.  Notably, Comcast reached an agreement with LIN last week (without a blackout).  A year ago, we published a Bernstein Whitebook that serves as detailed playbook for Retransmission Consent disputes.  In it, we crossed each distributor against each major station group.  The results are enormously helpful in understanding who has the leverage in each dispute.”

In the Courts: SNL Kagan’s Deborah Yao also reports Adult VOD, Inc. filed a law suit against Time Warner Cable alleging “‘bias’ for holding it to ‘an unreasonably high editing standard’ but letting competitors such as Playboy Enterprises, Inc. get away with much more prurient content, titles and descriptions, according to a March 4 filing with the New York State Supreme Court.”

Tech: SCTE and Comcast U. are teaming up to increase training resources for Comcast. --- Meanwhile, the Denver Post reported some operations at Colorado-based Comcast Media Center will relocate to NBCUniversal facilities in Englewood Cliffs, NJ ... some consolidation resulting from the acquisition.

Measurements & Ratings: Rentrak signed Hallmark Channel and Hallmark Movie Channel.

Advertising/Marketing: Cablevision’s ad targeting is featured in the WSJ here.  Along with GroupM brands, the company deployed “the simultaneous delivery of advertising from five different advertiser brands sharing a single :30 unit across nearly three million households in the New York Metropolitan area."

Programming: Using C-SPAN’s Communicator series, NAB boss Gordon Smith said the divided Congress is, for NAB, a good thing ... procedural hurdles make it harder to pass things. --- Also from C-SPAN, you can find the Technology Policy Institute’s Online Privacy after the DOC and FTC Reports panel here. --- MercuryNews.com has a story about how YouTube will mimic a group of cable nets here. --- Iditarod is underway and GCI is streaming it. --- SBJ’s John Ourand notes the first time arbitration is being used is in a programming rights dispute between the NY Nets and the YES Network. --- And, John says ESPN’s PR department is launching a blog aimed at fans.

Up, Over & Down There: Fidelity Int’l, a top-5 investor in BSkyB, told London’s Sunday Times News Corp should pay £11B ($17.9B) ... upping the ante by about £3B ($5B).

Mobile: Sprint and White Pages have launched the 1st online directory for wireless business listings.
 
Spectrum: Swedish telco regulator PTS says it raised SEK $2B (@$326+M) auctioning off 800MHz band spectrum for 4G expansion by TeliaSonera.  

More News in The Morning BRIDGE ... early tomorrow morning in your in-box.•
Maxwell: Answers To (Some of) Those Questions, So Far
by Paul S. Maxwell

Some will (and have, see below in italics), some might, some won’t.

Will the US government shut down?
Maybe ... but now not until the 18th ... government by “time out!”

Will the NFL Players Association get locked out?
Maybe ... now we’ve got negotiations by extensions ... might even be a positive?

If so, will that hurt any media stocks?  
The pundits don’t think so ... at least in the near term (or, their seer ability limits).

Will the FCC actually, seriously address retransmission consent?
The FCC is going through the motions for now.

Will Rocco Commisso get shareholder approval to take Mediacom private?
Duh.

What surprise will Apple have as the multitudes look for an iPad 2?
Steve Jobs showed up.

What will be the news from the BBC event on the same day (03/02) as Apple?
Huh?

Does anybody really care about Microsoft + Nokia?
Not so far.

What will Warren Buffett buy next?
Stay tuned.

Who won the Oscars last week?
Old media out-polled new media ... in substance.  FYI, you can watch most of the winners (and losers) on cable ... Movies on Demand from InDemand.

Did Charlie Sheen attend?
Not that we saw; but he did want a raise from $1.2M to $3M per episode of something, threatened to sue CBS and dominated Twitter and brain dead news shows for most of the week.

Where will the next (delete: North African) (insert: Arab world) protests erupt?
It was in Oman.  Saudi Arabians are holding their breaths. ... And, I goofed, as a friend in programming told me by email this morning ... Oman and Saudi Arabia are in the Middle East, NOT North Africa ... my bad.  Apologies.  I should have known better ... what I get for not re-reading closely enough.  So, thanks to my "editor."

In which state will the next North American protest erupt?
The State of Denial.

How high will oil prices go?
Target $110 ... Nissan is buying up futures so you’ll buy the Leaf.
 
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