In his opening remarks about the proposed Comcast - NBC deal at a hearing held by the Senate Subcommittee on Antitrust, Competition Policy and Consumer Rights, Franken (D-Minn.) ripped into the deal and the risks it could present to not only consumers but media competition as well.
Franken, who was a regular on NBC's “Saturday Night Live" for years and also had a short-lived sitcom on the network called “Lateline" in the late 1990s, dismissed the claims made by Comcast and NBC Universal that the partnering of the nation's largest broadband and cable provider with the entertainment giant would not harm competitors or the public.
Youll have to excuse me if I dont trust these promises, and that is from experience in this business.
Franken snapped
Franken noted that similar promises were made by NBC when it was supporting the gutting of federal regulations that limited the amount of programming a broadcast network could own. Known as the financial interest and syndication rules, the Federal Communications Commission removed them over a decade ago after years of debate between producers and networks. Getting rid of the so-called fin-syn rules cleared the way for the mergers of Walt Disney and ABC as well as Viacom and CBS.
At the same time, most independent production companies were either gobbled up or went out of business. Today, the majority of programming is made by the big broadcast networks and studios.
Franken even pointed to NBC General Counsel Rick Cotton during his opening remarks and accused NBC of demanding that producers give them ownership in shows if they wanted the shows to get on the air.
If an independent producer wants to get show on, it is routine practice, and you guys know it, for the network to demand at least part ownership of the show.
Lateline was produced by Paramount, NBC and Franken's own company.
Franken's remarks have provided the biggest fireworks of the day so far. Earlier Thursday morning, Comcast and NBC Universal chief executives Brian Roberts and Jeff Zucker faced a mix of hardball and softball questions about the deal from the House Subcommittee on Communications, Technology and the Internet.
