An instructive...volume on emerging technology in the fields of television, telephony, and computers. Focusing on both the effects of government regulation on the television business and the economics of communication technology, Owen, a communications economist, presents insights in both areas that are refreshingly different from the mass of speculation recently published about the nexus between television and the Internet...Owen's book is recommended for anyone interested in the television industry or the economics of the telecommunications industry.--B. P. Keating "Choice " This book provides an insightful view of the evolution of new media technologies by the leading authority on video economics.--Harold Furchtgott-Roth, Commissioner, Federal Communications Commission

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