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."
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Office: Common Cause National
Tags: Media Monopolization