Bloomberg LP, unhappy with the placement of its financial news channel in Comcast Corp’s cable television lineup, filed a complaint with the FCC on Monday, accusing the cable operator of violating a condition of its merger with NBC Universal.
The business news giant is accusing Comcast of reneging on a promise it made to the FCC as part of the government agency’s approval of its deal to acquire control of General Electric Co.’s NBCUniversal. At issue is where the Bloomberg Television channel is placed on Comcast cable systems.
Bloomberg Wins In Comcast-NBC Conditions
Embedded in the rules that the government is imposing on Comcast’s acquisition of NBC Universal is one that specifically benefits Bloomberg LP, the financial news giant that owns Bloomberg Television.
ABC News Open To Bloomberg Partnership
Ben Sherwood, the new president of ABC News, said Monday that the door remains open to some form of future partnership with the cable news outlet, Bloomberg News.
