Tags: bruce m owen, cable issues, columbia university press, competing technologies, competition regulation, david waterman, economics of scale, harry bloch, hopley, kenneth thorpe, media competition, program competition, spectrum allocation, substitutability, theatrical feature films, video competition, video delivery, video industry, video marketplace, welfare analysis,
Video Media Competition: Regulation, Economics, and Technology. Columbia
University Press, 1985.
Edited by Eli M. Noam
Contents
Acknowledgments xi
Introduction 1
Eli M. Noam
Part One. Empirical Studies of Media Competition
1. The Economics of Pay-TV Media 19
Jane B. Henry
2. Statistical Evidence of Substitutability Among Video Delivery Systems 56
Jonathan D. Levy and Peter K. Pitsch
3. Economics of Scale in Cable Television: A Multiproduct Analysis 93
Eli M. Noam
4. The Broadcasters: The Future Role of Local Stations and the Three Networks 121
Michael O. Wirth and Harry Bloch
5. The Impact of Competing Technologies on Cable Television 138
Kenneth Thorpe
Comment: Empirical Studies of Media Competition 168
Douglas W. Webbink
Comment: Multichannel Video Competition 174
Mark S. Nadel
Comment: Analyzing the Critical, Unknown Factor 180
Stuart N. Brotman
6. Telephone and Cable Companies: Rivals or Partners in Video Distribution 187
Walter S. Baer
Comment: Television and Cable Issues 214
John K. Hopley
7. Prerecorded Home Video and the Distribution of Theatrical Feature Films 221
David Waterman
8. Program Competition, Diversity, and Multichannel Bundling in the 244
New Video Industry
Steven S. Wildman and Bruce M. Owen
Comment: Welfare Analysis and the Video Marketplace 274
John R. Woodbury
Part Two. The Regulatory Issues in Media Competition
9. The Role of Future Regulation: Licensing, Spectrum Allocation, 283
Content, Access, Common Carrier, and Rates
Henry Geller
10. The FCC's Regulation of the New Video Technologies: 311
Backing and Filling on the Level Playing Field
Michael Botein
Comment: The Regulatory Setting 330
Stephen A. Sharp
Comment: Competing Technologies and Inconsistent Regulation 332
John D. Abel
11. Antitrust and Video Markets: The Merger of Showtime and 338
The Movie Channel as a Case Study
Lawrence J. White
12. Regulation of Broadcast Station Ownership: Evidence and Theory 364
Stanley M. Besen and Leland L. Johnson
Comment: Antitrust, Concentration, and Competition 390
Harvey J. Levin
Comment: Antitrust, Concentration, and Competition 397
Nolan A. Bowie
Part Three. The International Outlook
13. A European View of Competition and Control in a Multimedia Society 405
Helmet Schäfer
14. New Media in the Third World 416
Ernest Jouhy
References 441
Contributors 459