Byron Allen, Comcast settle racial bias lawsuit with carriage deal
Byron Allen sued Comcast in 2015 for $20 billion based on the Civil Rights Act of 1866
Comcast Corp reached a content carriage deal with comedian-turned media mogul Byron Allen, who withdrew a lawsuit about racial bias against channels owned by African Americans, the company said Thursday.
Ticker | Security | Last | Change | Change % |
---|---|---|---|---|
CMCSA | COMCAST CORP. | 42.60 | -0.04 | -0.09% |
A&E’S ‘LIVE PD’ CANCELLATION SPURS SOCIAL MEDIA OUTCRY
The settlement with Allen’s Entertainment Studios Networks comes at a time when the killing of George Floyd, a black man in Minneapolis police custody, triggered protests throughout the United States against racism and police brutality.
As part of the deal, Comcast will extend the agreement for the Weather Channel and 14 other broadcast stations and also distribute Comedy.TV, Recipe.TV and JusticeCentral.TV.
AMAZON TO FACE ANTITRUST CHARGES FROM EU OVER TREATMENT OF THIRD-PARTY SELLERS
Allen sued Comcast in 2015 for $20 billion in a Los Angeles court, making claims under the Civil Rights Act of 1866, a post-Civil War law that forbids racial discrimination in business contracts. It requires all people to have the same right to make and enforce contracts “as is enjoyed by white citizens.”
GET FOX BUSINESS ON THE GO BY CLICKING HERE
Comcast said on Thursday the pending litigation between the two companies had been withdrawn but it did not disclose the financial terms of the deal.