National Hispanic Foundation for the Arts: AT&T Merger Good for Commerce and Entertainment Industry
WASHINGTON, June 23, 2011 /PRNewswire-USNewswire/ -- The National Hispanic Foundation for the Arts (NHFA), the premier organization representing the interests of Latinos in Hollywood, recently filed comments with the Federal Communications Commission on the proposed AT&T-T-Mobile merger.
For a copy of this filing, please click here.
The following is extracted from the letter filed with the FCC.
"The protection of intellectual property is key to furthering our organization's mission. It's also why the foundation is supporting AT&T's bid for fellow telecommunications company T-Mobile. Through its corporate policies and internal operations, AT&T and its leadership have exhibited a commitment to safeguarding copywritten content and intellectual property such as music, movies, and images. By ensuring that its wireless networks are not used for unauthorized transmission and distribution of intellectual property, AT&T preserves the business model for the overall entertainment industry, which our membership relies upon for its livelihood. Unfortunately, in our opinion, T-Mobile's track record on IP protection has been less than adequate.
A completed AT&T and T-Mobile deal also would bring 4G LTE high-speed wireless Internet to more than 97 percent of the population, creating previously unrealized opportunities for Hispanic artists and professionals, as well as the entire entertainment industry. It would be a winning result for consumers and the entertainment business, as new mobile device users would be able to seamlessly download and stream high-quality movies and music, and content creators, distributors and performers would be certain that their artistry was protected.
The effects of introducing new consumers to the wireless entertainment marketplace would have a profound impact in the Hispanic community, a leading adopter of mobile technology.
The increased proliferation of wireless service, coupled with projected price decreases making smart devices more affordable for Americans nationwide, means after this merger it will be easier, and more profitable than ever to make a living online. More Americans toting connected devices and using them in their day-to-day activities means more people using smartphones to make purchases online and on the go. This is good for our industry and for commerce more generally."
Founded in 1997 by some of Hollywood's leading Latino actors and actresses, The National Hispanic Foundation for the Arts (NHFA) is dedicated to helping aspiring Hispanic artists succeed by advancing the presence of Latinos in the media, telecommunications and entertainment industries. Since our founding, we have provided more than 350 Hispanic artists with graduate-level scholarships totaling more than $1 million.
SOURCE National Hispanic Foundation for the Arts
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