Successes and Failures of the 1996 Telecommunications Act
Contents
- Table of Contents
- Acknowledgments and Caveat
- Preface From LCEF
- Preface From MIT's CRCP
- Introduction: Off Course on a Long Dark Road
Part One
Part Two
- Section 202
- Media Mergers (1995-2001)
- A Brief Note on Mergers
- Telecom Mergers (1996-2001)
- Section 336
Part Three
Afterword
Appendix
Media Mergers (1995-2001)
* Radio
!TV
+ Cable
* Satellite
1995
- Seagram buys MCA and renames it Universal !
- Westinghouse buys CBS (later renames itself CBS) * !
1996
- Disney buys Capital Cities/ ABC * !
- Time Warner and Turner Broadcasting announce merger !
- Westinghouse/ CBS buys Infinity, among the $16 billion in radio mergers this year *
- Chancellor Media is formed by investment firm Hicks, Muse, Tate, Furst; already a major player with 103 stations *
1997
- Since 1995 Jacor spends $1.6 billion acquiring radio stations, now owns 149 *
- CBS buys American Radio, now owns 164 stations *
- Chancellor Media buys Capital Broadcasting radio holdings and stations from Paxson and Infinity *
1998
- Seagram buys Polygram !
- CapStar (partially owned by Hicks, Muse, Tate, Furst, owner of Chancellor) buys SFX Entertainment *
- Chancellor Media merges with Capstar, now owns 488 stations, and renames itself AMFM *
- Clear Channel announces it will buy Jacor * Hughes' DirecTV buys USSB, narrowing from 4 to 3 the number of satellite TV companies *
- News Corp acquires 30% stake in satellite TV company EchoStar ! *
1999
- Viacom buys CBS * !
- Hughes' DirecTV buys Primestar, leaving just 2 satellite TV companies *
- Radio powerhouse Clear Channel buys AMFM (formerly Chancellor) *
- AT&T and TCI announce merger, creating giant cable TV firm and putting AT& T in cable programming business +
- AT& T purchases MediaOne +
- AT& T purchases 50% stake in Lenfest +
- Adelphia purchases Harron Communications +
- Cox mergers with MediaGeneral ! +
- Cox purchases TCA ! +
- Charter (controlled by Paul Allen) purchases Avalon Cable +
- Charter purchases Falcon +
- Charter purchases Fanch +
2000
- Clear Channel buys SFX *
- AOL buys Time Warner, in largest ever media merger ! +
2001
- EchoStar and Hughes' DirecTV announce merger *
- AT&T announces its selling its cable operations to Comcast +



