Nancy Pelosi attacks media merger ‐ after getting big campaign donation
[NYPost] Whores gotta get paid, as TW noted
Nancy Pelosi is creating static over a deal to take a massive group of TV stations private — after she and fellow House Democrats got more than $500,000 in campaign donations from Byron Allen, a comedian-turned-media mogul who wants to block the deal.
The House Speaker sent an Oct. 6 letter to FCC Chairwoman Jessica Rosenworcel expressing “serious concerns” about an agreement by Tegna — a publicly traded chain of 64 local TV stations that was spun off from newspaper giant Gannett in 2015 — to sell itself to the hedge fund Standard General for $8.6 billion.
Meanwhile, Federal Election Commission filings show that in the fourth quarter of last year Pelosi got $271,300 in campaign donations from Allen, who owns a group of cable-TV networks including The Weather Channel and is angling to nab Tegna’s nationwide broadcasting empire to widen their distribution.
During the same quarter, Allen — who earlier this month made headlines for buying a $100 million estate in Malibu, Calif. — also donated $275,000 to the Democratic Congressional Campaign Committee, which backs Democratic candidates for the House, FEC filings show.
Posted by: Skidmark 2022-10-28 |