Comcast-NBC Deal Should Get Regulator Approval, Black Caucus Members Say

The Federal Communications Commission should approve Comcast Corp.’s proposed merger with General Electric Co.’s NBC Universal, 11 members of the Congressional Black Caucus said.

Comcast pledged to add at least four cable networks with black owners to its systems, and is a large employer of minorities, the lawmakers said in a July 28 letter to FCC Chairman Julius Genachowski. Signers include Representative Chaka Fattah, a Pennsylvania Democrat whose district has parts of Philadelphia, where Comcast is based. The caucus has 42 members.

The FCC is taking comments on the $28 billion deal until Aug. 19; the Justice Department is also reviewing the merger.

The proposed takeover would give Comcast, the largest U.S. cable company, control of NBC’s television network and broadcast stations, and cable channels such as USA Network and Bravo.

Bloomberg LP, the parent company of Bloomberg News, has filed papers opposing the merger as it is currently proposed.

States should investigate the proposed merger, the Coalition for Competition in the Media, a group that listed members including Bloomberg and advocacy groups Common Cause, Free Press and Media Access Project, said in a letter today to the Washington-based National Association of Attorneys General.

To contact the reporter on this story: Todd Shields in Washington at tshields3@bloomberg.net

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