Yikes! $20 Billion Lawsuit Targets Al Sharpton, Time Warner, Comcast

Posted On : March 14, 2015

Really? $20 Billion Lawsuit Claims Al Sharpton Sold Out To Time Warner

image

Rev. Al Sharpton is being called out big time by media mogul, Byron Allen, who has just filed a $20 billion (yep ‘B’ as in billion) lawsuit through his media company, Entertainment Studios, along with the National Association of African-American Owned Media (NAAAOM).

So why is this happening? Because in a nutshell Byron, who’s company is one of the largest African American owned TV media companies, raking in about $100 million a year, claims that Al Sharpton and several civil rights groups including the NAACOP and the National Urban League, have been bought out by Time Warner, Comcast, AT&T, in exchange for Al and the other civil rights organizations to not bring any public attention to those media companies’ massive discrimination practices against doing business with African American owned channels.

Media Mogul, Byron Allen
Media Mogul, Byron Allen

Here’s what Byron Allen is alleging:

[quote_box_center]

1. “One hundred percent African-American-owned media has been shut out by Comcast. Of the approximately $11 billion in channel-carriage fees that Comcast pays to license television channels each year, less than $3 million is paid to 100 percent African-American-owned media.”

2. “Comcast paid Sharpton and his

[/quote_box_center]

Join us on Facebook for the most engaging discussions from the Old School! Old School News With A New Point Of View!

NEXT PAGE

Trending Today