Posted on 10/26/2022 4:47:57 PM PDT by DFG
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.
(Excerpt) Read more at nypost.com ...
Nothing worse than a pissed off Nanzi.
Sounds like he’s getting his money’s worth out of the “retainers” he paid the party and Pelosi.
Maybe the new Congress can investigate her and subpoena the crap out of her.
A 500K bribe to block the business deal. Talk about corruption and racketeering
So Real People’s Byron Allen gets his bucks from either as an Affirmative Action Jackson or buying off crooked pols
Real work is out of his question
While cuttimg off elected officials from controllimg their imvestments, by putting them in a blind trust, what about forcing sitting office holders from voting on legislation or suggesting regulatory action, that could involve positive results for any company or PAC members or individual feom whom they have received more than $100 dollars in political donations. How about ending the buying of legislation or regulation via political donations.
I had no idea Byron Allen was so rich. Hundreds of millions of dollars, apparently.
No, he has spent thirty years building an empire, under the radar. https://en.wikipedia.org/wiki/Entertainment_Studios
As a race based lawsuit machine . . .
Race, race, race, race, race with these guys And now political donations to purchase “empire” influence
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