For Immediate Release Public Interest Not Served by Comcast's Purchase of Remainder of NBCUniversal

Posted on February 13, 2013


Michael Copps, special adviser to Common Cause's Media and Democracy Reform Initiative, and a former decade-long member of the Federal Communications Commission, said the following about Tuesday's announcement that Comcast would buy General Electric's remaining 49 percent in NBCUniversal:

"This is proof positive why we have media consolidation: to raise share prices, please Wall Street, and pave the way for the next deal. What's missing in these deals -- and our regulatory policy -- is a commitment to the public interest. It's time we stand up to media monopolies."

Common Cause is a nonpartisan grassroots organization dedicated to upholding the core values of American democracy. We work to create open, honest, and accountable government that serves the public interest; promote equal rights, opportunity, and representation for all; and empower all people to make their voices heard in the political process.

Office: Common Cause National

Tags: Media Monopolization

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