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bigtree

(93,766 posts)
1. interesting, from the LaTimes
Sat Feb 25, 2012, 10:31 AM
Feb 2012

___ Johnson's entry into the television arena comes courtesy of communications giant Comcast Corp. as part of its agreement with the FCC and Department of Justice to diversify the cable landscape. Comcast agreed last year to launch 10 new independently owned cable channels, with most backed by African Americans and Latinos, by 2018. Johnson's channel is scheduled to be the first.

Comcast's obligation to support minority-owned channels came after a bruising yearlong federal review of the Philadelphia cable company's acquisition of NBCUniversal, which includes the NBC broadcast network, NBC television stations, Universal Studios, Universal Pictures, cable channels USA, Bravo, Syfy, MSNBC and CNBC and Spanish-language broadcaster Telemundo.

During the extensive review process, which spanned all of 2010, executives were called before Congress to defend the merger. Rep. Maxine Waters (D-Los Angeles) was particularly tenacious in her grilling of NBCUniversal and Comcast officers, questioning their commitment to hiring and advancing minorities.

http://www.latimes.com/business/la-fi-ct-magic-johnson-20120221,0,5232547.story

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