U.S. Senate Judiciary Committee sets Comcast hearing

WASHINGTON, March 12 Wed Mar 12, 2014 5:22pm EDT

WASHINGTON, March 12 (Reuters) - The U.S. Senate Judiciary Committee will hold a hearing on Comcast's plan to merge with Time Warner Cable in April and another on retransmission issues in late March, the committee said on Wednesday.

Senator Patrick Leahy, who chairs the committee, said the panel would meet on April 2 to discuss plans by Comcast , the No. 1 U.S. cable operator, to buy TWC for $45.2 billion. TWC is the No. 2 U.S. cable operator.

On March 26, the panel will discuss the Satellite Television Extension and Localism Act, known as STELA, which expires at the end of 2014 and tackles, among other issues, the retransmission of broadcasting content by satellite companies. Congress must reauthorize the measure.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

Find your dream retirement town

Florida? Hawaii? Reuters has teamed up with Zillow to give you the power to customize a list of your best places to retire.  Video | Full Article