Money talks: Every senator probing Time Warner Cable merger took Comcast PAC cash – By Douglas Ernst Friday, April 11, 2014


Photo by: J. Scott Applewhite

Photo by: J. Scott Applewhite

• Chuck Schumer, New York: $35,000

Money talks — or at least Comcast hopes it does. The Senate Judiciary Committee held its first congressional hearing on the Comcast-Time Warner Cable merger Thursday, and every single member of the committee has taken money from Comcast PAC — even Democratic senator Al Franken of Minnesota, who is generally considered to be anti-Comcast.

Out of 18 committee members, 10 Democrats and eight Republicans, 17 got money from Comcast’s federal PAC, according to the database at OpenSecrets.org, technology website Ars Technicareported.

Ars Technica then confirmed with Mr. Franken’s spokespeople that he did accept $5,000 in Comcast PAC cash in 2009 for his recount fund, since OpenSecrets.org did not have that donation listed.

The full list of Senate Judiciary Committee members and cash they’ve accepted from Comcast PAC donations are:

Comcast PAC donations to Democrats:

• Chuck Schumer, New York: $35,000

• Patrick Leahy, Vermont, Chairman: $32,500

• Sheldon Whitehouse, Rhode Island: $26,500

• Chris Coons, Delaware: $25,000

• Dick Durbin, Illinois: $23,000

• Amy Klobuchar, Minnesota: $22,500

• Dianne Feinstein, California: $18,500

• Richard Blumenthal, Connecticut: $11,500

• Mazie Hirono, Hawaii: $5,000

• Al Franken, Minnesota: $5,000 (2009 recount fund)

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Comcast-Time Warner Cable deal to face antitrust probe 6 March 2014 Last updated at 13:45 ET


Comcast offices

US antitrust regulators are probing a $45bn Comcast/Time Warner Cable deal

The US Department of Justice has launched an antitrust probe of Comcast’s proposed acquisition of Time Warner Cable.

The $45bn (£27bn) deal would see the largest cable companies in the US join forces.

The two companies are also two of the largest broadband providers in the US.

Comcast has argued that the two companies serve different markets, and their combination will not reduce competition for consumers.

US regulators are expected to closely scrutinise the proposed purchase by Comcast, owner of the NBC television network and Universal Studios.

The probe will be overseen by two Justice Department officials – Principal Deputy Assistant Attorney General Renata Hesse and Deputy Assistant Attorney General David Gelfand.

Second probe

Comcast operates mainly around Washington DC, Chicago, Boston and its home town of Philadelphia.

Time Warner Cable’s subscribers are mainly grouped around its New York headquarters, Los Angeles, Milwaukee, and Dallas.

The new Comcast-Time Warner Cable group would have competition in those areas from rivals including AT&T and Verizon.

The deal would allow Comcast to control three quarters of the US cable industry with around 30 million subscribers.

As well as the DoJ investigation, the deal is also to be reviewed by the Federal Communications Commission.

http://www.bbc.com/news/business-26476230