Petition Backs TWC Shareholder Proposal

Advocacy group SumOfUs.org has launched a petition backing a resolution from some Time Warner Cable shareholders calling on the company to disclose its political spending and "end the funding of shadow organizations opposed to net neutrality." They want the company to disclose how much it contributes to the National Cable & Telecommunications Association -- TWC is one of the organization's largest members -- citing NCTA's support for Broadband for America, which opposed net-neutrality regulations.

The petitioners also want TWC not to fund groups opposing net-neutrality rules. The NCTA has made not a secret of its opposition to the Federal Communications Commission's new network-neutrality order, having joined with other Internet service providers to challenge the FCC's Title II reclassification of Internet service. SumOfUS.org said the petition has almost 20,000 signatories.