FCC Slows Down Media Giant's Merger Plans

When media distributors Comcast Corporation (NASDAQ:CMCSA) and Time Warner Cable Inc (NYSE:TWC) and AT&T Inc. (NYSE:T) and DIRECTV (NASDAQ:DTV) announced they were merging the hair on the back of several people was raised.

Raising the hair on the back occurred from both advocates of freedom of the press and reporting diversity as well as content creators who feel the large organizations can use their power to push content costs lower.

FCC's protective order

In an effort to uncover the various deals the large content companies have, a host of those suspicious of the proposed mergers requested and were granted a “time out” in the...