Friday, March 10, 2006

Australia: Old Media Tech Circles The Wagons

John Lehmann writes on Australian IT:

PAY-TV operators have sharpened their campaign for looser regulation in the federal Government's revamped media laws, warning they face a serious threat from broadband.

Foxtel chief executive Kim Williams described the take up of broadband as "sobering", pointing out that it grew seven times faster than pay television subscriber numbers last year.

Austar chief executive John Porter said it was critical the pay-TV industry was able to "grow much faster" because it only had three to four years before advances in broadband speeds made internet-based entertainment more commercially viable in Australia.

More here.

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