“Comcast and Time Warner Cable are sponsoring a dinner honoring FCC Commissioner Mignon Clyburn at a time when the agency is weighing whether to approve a multibillion-dollar merger between the two companies.
Comcast will pay $110,000 to be a top-level “presenting sponsor” at the Walter Kaitz Foundation’s annual dinner in September, at which Clyburn is receiving the “diversity advocate” award, according to a foundation spokeswoman. Time Warner Cable paid $22,000 in May to the foundation for the same event, according to a Senate lobbying disclosure filed at the end of last month. The foundation supports diversity in the cable industry.
There are no rules preventing businesses from helping to honor regulators in this way, and both companies say they have supported the foundation for years.”* The Young Turks host Cenk Uygur breaks it down.
*Read more here from Alex Byers / Politico:
http://www.politico.com/story/2014/08/comcast-time-warner-cable-mignon-clyburn-109925.html
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