Friday, March 19, 2010

Transcript of Senate's hearing about Comcast/NBC merger

Question - Senator Amy Klobuchar (D-Minnesota)
Answer - Brian Roberts (CEO of Comcast)

March, 11, 2010. Senate Commerce committee's hearing.

Senator: I know a lot of lawyers are looking at this deal. But I just thought I'd run through a few things that I heard and people raised with me about concerns. One is that NBC and its affiliates have succeeded in by getting its programmings to as many viewers as possible and providing its contents. ... for free over -the-air and over-the-internet. Will Comcast use NBC's 31% stakes in Hulu.com to restrict selection of NBC programming that is available in Hulu.com and NBC.com?

Brian Roberts: No. I've never even personally met with the Hulu team. We own about 31% in non-controlling stake. We have no intention of changing NBC's relationship with Hulu. And, Hulu itself, from what I read in the presses, is going through business model reviews and how-to funded and what the future will be. We are not at that table and I look forward to learning more about that business once we get together if we do get together.

Senator: Do you expect Comcast to block any NBC content from the Internet and what about charging subscribers' fees?

Brian Roberts: Comcast does not want to block NBC content or, frankly, block any content on the Internet. And ... my vision is that a content creator in different windows has different business models. Sometimes they wanna pay-per-view like in movie theatres and sometimes you do that in your home. Sometimes it's ad-supported only. Sometimes it's a part of subscription. And who knows what other business models will come out in the future. From Comcast's perspective, my vision is to ,technologically, create a platform to make sure that contents are not pirated or it's authentic(ated) and finding a way to let content companies create their own business models that work for their businesses into the future.

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