A company run by one high-dollar Hillary Clinton donor is reportedly in talks to pay $3 billion for a company run by another high-dollar Hillary Clinton donor.
Vox Dot Com is a website comprised of smart thinkers asking tough questions and creating optimized data-driven content sponsored by some of America’s most noble corporations, such as Wal-Mart and Goldman Sachs.
The website is part of Vox Media, which has attracted hundreds of millions of dollars worth of seed capital and investments from large media firms such as Comcast (Market cap: $140 billion) , the awful cable monopoly everyone hates and the parent company of NBCUniversal.
Comcast made a valiant effort to purchase Democratic support for its proposed $45 billion merger with Time Warner. Alas, the cable giant failed, but not before the firm dropped millions upon millions of dollars on fees to lawyers, lobbyists, and investment bankers.
(Reuters) – Comcast Corp abandoned its proposed $45 billion merger with Time Warner Cable Inc on Friday, saying the deal had been structured in a way that if the U.S. government didn’t agree, the companies could walk away.
Cable giant Comcast’s takeover of NBCUniversal in 2011 has precipitated “one debacle after another” at the network’s news division, according to a new report from Vanity Fair, which illustrates a company more concerned with “corporate vision” than good television.
Comcast has donated thousands of dollars to charities, think tanks, and state lawmakers that have in turn endorsed the cable and Internet giant’s proposed merger with Time Warner Cable, the New York Times reports.
The Comcast and Time Warner Cable merger is no longer seen as inevitable, as opponents of the deal have successfully framed it as more than just a merger of two cable operators, according to the Los Angeles Times.
Comcast’s transformation from a midsize firm in the early 2000s to a lobbying powerhouse epitomizes how businesses can profit from influence in Washington, but the cable and Internet giant is now facing some resistance from the Obama administration and regulators, the Wall Street Journal reports.
As Comcast pursues an acquisition of competitor Time Warner, some conservatives are adopting corporate pressure tactics pioneered by the left designed to punish the cable giant for what they regard as its support for a liberal policy agenda.