Reports on Charter-TWC Deal Success Challenged

Reports on Charter-TWC Deal Success Challenged

Charter-TWC Deal Success Challenged

Entertainment Studios (ES) and The National Association of African American-Owned Media (NAAAOM) have come out to challenge media reports to the effect that the Charter Communications/Time Warner Cable merger process has been concluded.

Both parties issued a joint press statement to rubbish the reports they termed as baseless and lacking facts. Actually, ES and NAAAOM have been in constant communication with the Federal Communications Commission (FCC) who confirmed that the merger has not yet been concluded.

According to the press statement, FCC confided that investigations into Charter are very much ongoing. Serious discussions were held with FCC about opening up to the public all of Charter’s programming contracts, because 100% transparency is in the public’s best interest. “Charter’s recently published Memo of Understanding is meaningless, and it takes a page out of the phony Comcast/NBCU MOU,” said Byron Allen, Founder, Chairman, and CEO of Entertainment Studios.

“Despite recent media coverage, there is very real uncertainty surrounding the approval of the Charter/Time Warner merger.  The terms of the merger are still being investigated, deliberations are very much still pending, and no decisions have been made, and this was confirmed today by the FCC.” Mark DeVitre, President of NAAAOM said there is no way out for Charter and they cannot cover up the discrimination they meted on customers.

“If Charter thinks they can cover up a history of discrimination against 100% African American-owned media by playing the American people for fools, they are wrong. The FCC and the Obama administration should be ashamed of themselves for being complicit in supporting the Comcast racial discrimination, and now they have the opportunity to show the world they will not be complicit in the Charter racial discrimination.”

DeVitre said they don’t trust FCC since one of their former commissioners, Meredith Attwell Baker, voted in favor of the Comcast/NBCU merger.

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