How Comcast Bankrolls Organizations That Support TWC Merger 59
An anonymous reader writes: When Comcast announced it was pursuing a takeover of Time Warner Cable, many activists and internet users immediately submitted objections to the deal. Support came more slowly, but steadily, from organizations like the International Center for Law and Economics, and from politicians like Governor Phil Bryant (R-MS). Now, a NY Times report reveals that much of this support for the merger came in exchange for money from Comcast. Fortunately, even after spreading money around so liberally, Comcast is still struggling to find a coherent, believable message for regulators, and the deal is far from assured.
From the article: "Letters detailing the benefits of the Comcast deal were submitted to the Federal Communications Commission by staff members from Americans for Tax Reform, the American Enterprise Institute, the Institute for Policy Innovation, Competitive Enterprise Institute, the Free State Foundation and the Center for Individual Freedom, as well as by a professor at a technology program at the University of Pennsylvania, all of which received support from Comcast or its trade association, tax documents and other disclosures reviewed by The New York Times show. A similar pattern is evident with charities like the Urban League and more than 80 other community groups that supported the media company and that also accepted collectively millions of dollars in donations from the Comcast Foundation over the last five years, documents reviewed by The Times show."
From the article: "Letters detailing the benefits of the Comcast deal were submitted to the Federal Communications Commission by staff members from Americans for Tax Reform, the American Enterprise Institute, the Institute for Policy Innovation, Competitive Enterprise Institute, the Free State Foundation and the Center for Individual Freedom, as well as by a professor at a technology program at the University of Pennsylvania, all of which received support from Comcast or its trade association, tax documents and other disclosures reviewed by The New York Times show. A similar pattern is evident with charities like the Urban League and more than 80 other community groups that supported the media company and that also accepted collectively millions of dollars in donations from the Comcast Foundation over the last five years, documents reviewed by The Times show."
