Comcast launches minority-owned channels to meet regulatory commitments

Comcast will launch four minority-owned networks, including one led by former basketball player Magic Johnson and one proposed by rapper and producer Sean "Diddy" Combs, the company announced. The channels are part of a commitment Comcast made to the Federal Communications Commission (FCC) last year to secure approval for its bid to take over NBC-Universal. The agreement requires Comcast to launch 10 independently-owned channels over eight years, including four African-American channels and four Latino channels. Comcast also announced El Rey, a channel proposed by director Robert Rodriguez that will feature action movies and TV shows for Latino and general audiences. BabyFirst Americas, launching in April, is aimed at young children and their parents.