California Bill Seeks Prevent 'Underselling' Of Media Content

CALIFORNIA BILL SEEKS PREVENT 'UNDERSELLING' OF MEDIA CONTENT
[SOURCE: Multichannel News, AUTHOR: Linda Haugsted]
A bill has been introduced in the California State Senate which could prevent vertically integrated entertainment companies from selling content between its own divisions at “less than market price.” The bill, sponsored by state Sen. Sheila Kuehl (D-Los Angeles) would make it a crime to “undersell" programs between, for instance, a broadcast network and the cable networks owned by the same corporation. The bill states that the sale of movies, television programs or radio content for less than fair market value would be a crime. “Fair market value" is defined as the price paid if a commodity is sold in a competitive, open market, according to the bill.
http://www.multichannel.com/article/CA6535270.html?nid=4262

* Writers bill aims at cable revenue
http://www.latimes.com/business/printedition/la-fi-wga26feb26,1,4839589.story
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