Chapter 875 (1/2)

In the week before Christmas on December 15, in addition to the storm caused by westero's sudden announcement to reduce its holdings of Daniels entertainment stock, there is another big event.

This is the new U.S. Telecommunications Act officially passed the Congress vote.

In the past, the telecommunication bill pushed by the Clinton administration was not finally passed until 1996. This time, with the joint efforts of various forces including the westero system, the bill was introduced ahead of time. This is also the most important bill in 1995.

Compared with other small bills that only focus on specific matters, the telecommunication act is actually a brand new law, a substantial amendment to the communication act of 1934. The communication law of

1934 is a law rising in the tide of American anti monopoly. Therefore, the core of the bill is to prevent monopoly, and it is very strict to prevent monopoly. Some related bills promulgated in the following decades are basically around the 1934 communication law, such as strictly restricting the cross holding between different media platforms and strictly restricting simultaneous interpreting. Business cross between information enterprises, strict restrictions on the national telecom giant's merger of regional communication enterprises and so on.

The telecommunication act of the Clinton administration is a comprehensive deregulation.

Of course, on the surface, I can't say that.

Therefore, the goal of this amendment is to open up the competitive market by eliminating regulatory barriers, promote the application of advanced technologies by private enterprises, and promote the integration of resources among different types of telecom operators, so as to provide better and cheaper information technology and services for the American people.

A benchmark was set up high, and then a new bill involving seven major items, namely, telecommunication services, broadcasting services, cable services, and communication ethics, was published.

Although out of the principle of openness and transparency, the Washington authorities uploaded the complete contents of the bill to the government website for the first time, it is obvious that few people are interested in studying the complete bill and can see the impact of its provisions.

That's the result.

As for the media, of course, there is no lack of discerning people.

Many media people criticized the bill for the first time after it was voted by Congress, believing that it would not promote competition at all, but would only bring about another merger and monopoly.

However, because the telecommunications and media giants that control most of the core media in the United States have been looking forward to this bill for a long time, most of the criticisms have not splashed much. Instead, all the media, from newspapers to the Internet, have begun to publicize the various conveniences that ”three networks in one” will bring to the American people.

Simon's memory, whether it is better telecommunications services or cheaper costs have not been realized, even many years later, there will be an embarrassing situation that Joe can not find the signal on the spot at the apple mobile phone conference. You know, it's in downtown San Francisco, not in the wild.

As a matter of fact, the telecommunication Act introduced by the Clinton administration only led to the rapid annexation and integration of telecommunication resources across the country by major telecommunication giants, thus re forming the de facto monopoly pattern of telecommunication.

As for better service and cheaper charges.

It doesn't exist.

Enterprises want to maximize profits, of course, to use the least capital investment to charge the most fees.

In any case, since the opening of Washington has been opened, Simon will not be polite and will start to speed up the IPO process of Verizon Telecom in order to merge with AOL in the future.

In recent years, with the rapid expansion, AOL, which already has a large number of its own line networks, has begun to develop fixed line telephone and cable TV services in addition to the network access services, and is officially moving towards the road of ”three networks in one”. Simon has foreshadowed this for a long time. In recent years, AOL's line network has left a considerable amount of vacant capacity. This time, it happens to be used.

In addition, with the passage of the telecommunication act through Congress, the shares of general electric and Time Warner, which are under the merger review of the US Department of justice, both rose.

Time Warner has a warner communication company engaged in cable TV operation. With the promulgation of the wire act, the company can also break through the legal barriers and engage in the increasingly popular network services and traditional fixed line telephone business in recent years.

December 15.

Christmas in North America officially opened.

Knowing that ”Batman vs. Superman: Dawn of justice” is coming next week, there are still three commercial films with more than 1000 screen opening this week, and they are all the key points.

First of all, paramount produced a remake of Humphrey Bogart and Audrey Hepburn's film of the same name, the new dragon and Phoenix. The film not only starred Harrison Ford, but also invited Sidney Pollack, Billy Wilder, Fanny Aldan and other famous filmmakers to join in. As a result, the production cost has reached the $50 million blockbuster level, and the number of screens opened is 1821 .

The second is fox's ”when you wake up”, a novel directed by Forrest Whitaker, the Cannes black film king, which adapts the black feature film, and two famous black actresses, Whitney Houston and Angela besette, join in. The production cost of the film is 16 million US dollars, and the number of screens is 1253.Finally, a spoof comedy ”vampire is crazy” produced by Sony Pictures, starring Leslie Nelson, a ”white headed detective”, costs US $30 million and has 1425 screens.

Even though the reputation of the three films was not bad after they were released on the same day, the distribution scale was obviously conservative.

What's more, on December 15, the ”American Idol” team officially launched the theme song ”dream it possible” created by Simon himself for the reality show. Meanwhile, the song went online on ABC TV, ABC Radio and Youtube platforms, and tincobail's broadcast website also went on sale simultaneously. This single is for iPlayer player users to pay to download.

Obviously, the song did not disappoint the fans who launched a petition some time ago.

At 8 p.m. that day, ”dream it possible” was launched on YouTube in less than 20 minutes, and it broke through the 10 million mark by clicking. Broadcast's single sales also reached 1 million within two hours of that night, and brainwashed and fluent tunes quickly spread to the streets of North America over the following weekend.

After passing the vote of both houses of Congress last week, the telecommunication bill was signed by Clinton on December 18, which is exactly the time when it came into force.

Simon has paid close attention to the developments of all parties since last week when Westeros announced the reduction of danielis entertainment shares, and then the voting of the telecommunication bill. When the president signed the bill, the impact of last week's reduction on the US stock market seems to be gradually fading after the opening of the new week. Simon quietly flew to the east coast to arrange some things in person.

The manor in the northern suburb of Greenwich.

There have been several snowfalls on the east coast. Although it is sunny today, the surrounding area of the manor is covered with snow. The temperature is below zero during the day. The manor villa is naturally warm as spring.