Are Current TV's Slots on Cable Distribution Worth $500 Million?

Print
Friday, 04 January 2013 08:13

For some reason no one appears to be asking this obvious question in the context of Al Jazeera's purchase of the Current TV station. According to the news reports, Al Jazeera does not intend to keep much, if any, of Current TV's programming. That means it is willing to pay $500 million simply to be carried by the large cable providers. That implies that these providers have extraordinary market power. This should be raising lots of questions at the Federal Communications Commission.