TIME WARNER CABLE FIRM TO SERVE MOST OF L.A.Byline: Dan Laidman Staff Writer Time Warner Inc. won approval Wednesday to become the cable television provider for almost all of Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. after city officials helped broker a deal between company workers and management. The unanimous City Council vote smooths the path for the local component of a multibillion-dollar deal between Time Warner and Comcast Corp. to distribute the assets of Adelphia Communications Corp. ``When these systems are under the Time Warner banner, the city will win, the cable customers in Los Angeles will win, our employees will win, and the residents of the communities, whether they're cable subscribers or not, will win, because we are involved in our community,'' said Deane Leavenworth, vice president of corporate relations for Time Warner Cable This article or section needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article. . While federal law limits the city's role in such matters, local officials have some regulatory jurisdiction over cable franchises. Los Angeles officials have been scrutinizing the deal since spring, when Time Warner and Comcast announced their plan to acquire the assets of Adelphia, which filed for bankruptcy bankruptcy, in law, settlement of the liabilities of a person or organization wholly or partially unable to meet financial obligations. The purposes are to distribute, through a court-appointed receiver, the bankrupt's assets equitably among creditors and, in most and saw some executives convicted of fraud. Both Time Warner and Comcast stand to receive Adelphia franchises. The two companies will swap various areas, with Time Warner taking over Los Angeles. Time Warner has promised the city that basic cable rates will not go up because of the transfer. Officials also negotiated performance guarantees and several hundreds of thousands of dollars in settlements for various claims. Councilwoman Janice Hahn Janice Hahn is a member of the Los Angeles City Council representing the 15th district. Hahn was elected in 2001 and reelected in 2005, running unopposed. The 15th District encompasses the Los Angeles communities of Watts, Wilmington, Harbor Gateway, Harbor City, Athens on the , who chairs the council's Information Technology Committee, resolved a final sticking point sticking point n. A point, issue, or situation that causes or is likely to cause an impasse. Noun 1. sticking point - a point at which an impasse arises in progress toward an agreement or a goal this week when she brought Time Warner and Comcast officials together with Communications Workers of America Communications Workers of America (CWA) is the largest communications and media labor union in the United States (the union also has locals in Canada), representing over 700,000 workers in both the private and public sectors. representatives. The gathering, in which the union voiced concerns about the effect of the deal on local workers, resulted in CWA CWA Clean Water Act (33 USC) CWA Communications Workers of America CWA Concerned Women for America CWA CEN Workshop Agreement (European pre-normative document) CWA County Warning Area CWA Clean Water Action dropping its opposition. ``My members are anxious to work for a company that respects their skills and honors their rights to be union members and collectively bargain,'' said T. Santora, executive vice president of CWA Local 9000. ``Time Warner and Comcast have now promised to do both. At this time, we must take them at their word and support this transfer.'' Some council members, including several from San Fernando Valley San Fernando Valley Valley, southern California, U.S. Northwest of central Los Angeles, the valley is bounded by the San Gabriel, Santa Susana, and Santa Monica mountains and the Simi Hills. districts that now have Adelphia, said they think their constituents will be better served by Time Warner. While some have raised concerns about the company having such dominance of the Los Angeles market, Councilman Alex Padilla Alex Padilla is a politician in California. He was elected as the State Senator for the 20th District of California in November 2006 and was inaugurated in early December. In order to enter the Senate he had to resign as Councilman for the 7th District on the Los Angeles City pointed to new technology like wireless and satellite services that are creating new competition. ``We're in an exciting time for this whole industry that, from a consumer's standpoint, can only be a benefit,'' he said. Dan Laidman, (213) 978-0390 dan.laidman(at)dailynews.com |
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