Video streaming service Aereo has about $20 million in assets, including about $4.5 million in cash, and faces $4.2 million in liabilities, plus potential damage claims from broadcasters, the company said in a Chapter 11 bankruptcy filing Thursday in U.S. Bankruptcy Court in Manhattan.
A decision is likely on Monday on the California Public Utilities Commission’s (CPUC) schedule for reviewing the Comcast/Time Warner Cable (TWC) deal and associated transactions, state participants in the review told us. California public interest groups have joined with the CPUC’s Office of Ratepayer Advocates (ORA) in petitioning Administrative Law Judge Karl Bemesderfer to reconsider the review schedule he set earlier this month, which they view as too compressed to result in the thorough review the CPUC had planned. CPUC had earlier delayed its review in response to the FCC’s temporary pause of its own review in the case (see 1410140022). Another administrative law judge who had temporarily replaced Bemesderfer had ruled last month on the scope of ORA’s discovery requests for the review, but deferred to Bemesderfer on a revised schedule (see 1410170049). Comments on the ORA’s petition were due at the close of business Friday.
Video streaming service Aereo has about $20 million in assets, including about $4.5 million in cash, and faces $4.2 million in liabilities, plus potential damage claims from broadcasters, the company said in a Chapter 11 bankruptcy filing Thursday in U.S. Bankruptcy Court in Manhattan.
A decision is likely on Monday on the California Public Utilities Commission’s (CPUC) schedule for reviewing the Comcast/Time Warner Cable (TWC) deal and associated transactions, state participants in the review told us. California public interest groups have joined with the CPUC’s Office of Ratepayer Advocates (ORA) in petitioning Administrative Law Judge Karl Bemesderfer to reconsider the review schedule he set earlier this month, which they view as too compressed to result in the thorough review the CPUC had planned. CPUC had earlier delayed its review in response to the FCC’s temporary pause of its own review in the case (see 1410140022). Another administrative law judge who had temporarily replaced Bemesderfer had ruled last month on the scope of ORA’s discovery requests for the review, but deferred to Bemesderfer on a revised schedule (see 1410170049). Comments on the ORA’s petition were due at the close of business Friday.
Video streaming service Aereo has about $20 million in assets, including about $4.5 million in cash, and faces $4.2 million in liabilities, plus potential damage claims from broadcasters, the company said in a Chapter 11 bankruptcy filing Thursday in U.S. Bankruptcy Court in Manhattan.
The FCC requested more information from AT&T about its proposed takeover of DirecTV. The FCC wants data about AT&T’s current plans for fiber deployment, specifically the current number of households to which fiber is deployed, “and the breakdown by technology and geographic area of deployment,” the commission said Friday in a letter to Bob Quinn, senior vice president-federal regulatory. It requested a description of whether the AT&T fiber-to-the-premises investment model demonstrates that fiber deployment is now unprofitable, and asked for all documents concerning the company’s decision to limit its deployment of fiber to 2 million homes following the acquisition. “We are happy to respond to the questions posed by the FCC,” an AT&T spokesman said in a statement. “As we made clear earlier this week, we remain committed to our DirecTV merger-related build-out plans,” he said, referring to comments by AT&T CEO Randall Stephenson that it would pause fiber deployment efforts not knowing under what rules that investment would be governed.
The FCC requested more information from AT&T about its proposed takeover of DirecTV. The FCC wants data about AT&T’s current plans for fiber deployment, specifically the current number of households to which fiber is deployed, “and the breakdown by technology and geographic area of deployment,” the commission said Friday in a letter to Bob Quinn, senior vice president-federal regulatory. It requested a description of whether the AT&T fiber-to-the-premises investment model demonstrates that fiber deployment is now unprofitable, and asked for all documents concerning the company’s decision to limit its deployment of fiber to 2 million homes following the acquisition. “We are happy to respond to the questions posed by the FCC,” an AT&T spokesman said in a statement. “As we made clear earlier this week, we remain committed to our DirecTV merger-related build-out plans,” he said, referring to comments by AT&T CEO Randall Stephenson that it would pause fiber deployment efforts not knowing under what rules that investment would be governed.
President Barack Obama’s statement Monday in favor of reclassifying broadband as a Title II Communications Act service (see 1411100033) sent the FCC scrambling to rewrite an order that had been expected to get a vote at the commission’s Dec. 11 meeting, said industry and agency officials. Even before the delays for reworking the rules, the FCC likely faced a long road as it partially reclassifies broadband. It remains unclear when an order will take effect and whether the Obama administration will be in office to promulgate new rules if the next version is also overturned in federal court, said agency and FCC officials.
President Barack Obama’s statement Monday in favor of reclassifying broadband as a Title II Communications Act service (see 1411100033) sent the FCC scrambling to rewrite an order that had been expected to get a vote at the commission’s Dec. 11 meeting, said industry and agency officials. Even before the delays for reworking the rules, the FCC likely faced a long road as it partially reclassifies broadband. It remains unclear when an order will take effect and whether the Obama administration will be in office to promulgate new rules if the next version is also overturned in federal court, said agency and FCC officials.
FCC Chairman Tom Wheeler likely faces more congressional oversight after Republicans won full control of Congress Tuesday. But it's unclear whether the new Congress will have much effect on FCC decision-making, especially on net neutrality, said Washington insiders, including former FCC officials. Industry officials have speculated Wheeler may seek a net neutrality vote on an order in December, before the new Congress is seated (see 1410270055).