BLW said:
I would hope that the FCC would still hold back the 61.5 frequencies for a 3rd, yet to be announced (future sat. broadcaster to enter the market) and eliminate Echostar from acquiring them for the 4 year period that they have stated in prior rulings. I do not care if there is a provider in the waiting or not.
And what should Rainbow DBS do with its satellite until this mystical future broadcaster steps forward with the financing and desire needed to get a venture going? Should the FCC inflict a financial penalty on Rainbow DBS? Should the FCC inflict a financial penalty on the hypothetical '3rd' DBS provider by forcing them to buy Rainbow1?
It would be different if more than just Voom HD LLC filed to show interest in taking over the frequencies - not a Petition to Deny but a comment showing interest in obtaining the frequencies. It may have even helped Voom HD LLC's case if there were more than one "other player" in this drama.
But for the FCC to deny the transfer with only one other interested party is for the FCC to INTERFERE with Cablevision's business. In a way that would likely end up being reversed in the court system.
Let the FCC stick to their rulings and not back track and issue the frequencies to a group that they have already with held them from in prior rulings.
OK. The prior ruling applied to TP 23 and TP24. Keep those for the 3rd entrant just like the FCC previously ordered. But transfer the rest to E*, because there has been NO PRIOR RULING that prevents E* from taking over the other 11 channels.
Don't fall prey to the Petition to Deny misreading of the FCC's ruling. At no time have they banned E* from obtaining the 11 licensed transponders nor did they ban E* from holding STA on the 2 unassigned transponders. All they acted to TEMPORARILY prohibit was E*, D* and V* from holding TP23 and TP24 permanently.
Ilya said:
riffjim4069 said:
It's hard to imagine the FCC denying the sale and transfer considering the possible outcome.
I agree...
The FCC has made some dumb decisions ... hopefully they will make this one correctly and not end up having it overturned in court.
BTW: The way the contract reads, Echostar and Cablevision have one year from January 20th to gain FCC approval ... and that can be extended for three months by either party if need be. Rejection by the FCC does not instantly cancel the contract - the parties have agreed to work together to get the licenses transfered. A rejection would likely just lead to a joint appeal NOT any sale to another party. E* wants this satellite and the licenses - don't expect them to simply walk away.
BTW2: If the license transfer fails the ownership transfer fails. Cablevision will own a satellite that it will have to sell AFTER the contract with Echostar expires (next year) or is mutually recinded.
JL