Comcast Files First NBCU Condition Compliance Report
Comcast filed its first annual report on its compliance with conditions in the NBCUniversal deal, its first of six such annual reports it must file, also as a condition of the deal.
According to executive VP David Cohen, those conditions have become business as usual for the company. "[O]ur commitments and the conditions, though extensive, have been incorporated into our business activities and become part of the company's 'DNA,'" he wrote in a blog posting. Cohen said the company has, in many cases, gone beyond the commitments to realize the public interest benefits it pledged as part of the deal and the competitive safeguards the Federal Communications Commission sought. Among the companies first-year actions, he pointed out, were committing to launch new, diverse, independent cable channels, expanding carriage of diverse programming, increasing local news, and boosting broadband adoption for low income families-Comcast's Internet Essentials, which the FCC used as a model for a wider adoption effort.
Comcast Files First NBCU Condition Compliance Report Filing (Comcast)