TWE has its day in court
Remember the adage, "give 'em an inch…?" Time Warner Entertainment has certainly fought hard for its mile. The media giant argued this week that it should be able to serve many more customers than the 1992 Cable Television Consumer Protection and Competition Act allows. But the Supreme Court disagreed, reports the Associated Press.
The cable ownership cap limits no more than a 30 percent chunk of all homes passed nationwide through cable systems owned by a single MSO.
The Court said cable television is a dominant medium and the rules will be kept in place to keep companies from monopolizing the airwaves.