Posted by ZaAsia Thompson-Hunter.
The Federal Communications Commission(FCC) is trying to enforce the disclosure of media contracts from various media companies. These companies include widely recognized corporations such as Disney, CBS, Comcast, Time Warner, and many more. These highly established media corporations oppose the order because they affirm this action will put them at a competitive disadvantage.
Earlier this month these media companies put in a request to the U.S court of appeals to stop the disclosure of their programing contracts. In response, the FCC stated that disclosure “’will aid the commission in the expeditious resolution of these proceedings.’”
Announced on November 14,2014, the media companies won the order to block the request made by the FCC. In connection, “a federal appeals court in Washington today said regulators reviewing the merger can’t immediately let third parties see the contracts.”
ZaAsia is a business administration major at Montclair State University, Class of 2017.