Friday, May 13, 2011

The revolving door

Republican FCC Commissioner Who Approved NBC Merger Becomes Comcast Lobbyist

Nadia Prupis, Truthout: "Republican FCC Commissioner Meredith Attwell Baker will leave her position with the Federal Communications Commission (FCC) in June to serve as senior vice president of government affairs with Comcast-NBC. The news follows a high-profile, $30 billion merger of Comcast and NBC earlier this year, which gave Comcast 51 percent of the stake in NBCUniversal (NBCU) and ownership over the majority of the network's channels, including CNBC and Bravo, as well as the Universal Pictures movie studio. Baker voted to approve the merger. While reviewing the deal, Baker objected to the FCC's efforts to create conditions for the merger and called for reforms to the commission's review process, stating that it had taken too long and imposed excessive stipulations on Comcast-NBC."

Read the Article

No comments: