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Anachronistic regime for the provision of broadcast programs. , we addressedly impending transition from analog to digital television. Other issues the committee considered at that time remain unresolved, while new technologies have further disrupted the market with innovations that we could not less than a decade ago. I believe we have a unique opportunity to tackle some of the big issues that will define the future of video. Licenses, i think everyone will admit represent a departure from freemarket negotiations and are usually the last resort in the event of market failure. When the compulsory licenses were first enacted, the cable and Satellite Industries were in their embryonic stages. Over it is estimated that 90 of american households subscribe to a paid tv service. Of issuesa myriad that may be relevant for consideration. Example, these licenses are necessary to foster competition, or should they be phased out as the Copyright Office and others have recommended . How many consu

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