Parsons, Schmidt on Obama Advisory Team

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Former Time Warner CEO Richard Parsons will be one of the members of the Obama Economic Advisory Board that the president-elect will be meeting with on Friday, according to his transition team. 

Following the meeting in Chicago to talk about how to get the U.S. economy moving again, Obama will hold his first press conference as the next president.

Eric Schmidt, chairman of Google, is the other big media name that will be among the 17 members of the board, which also includes former legislators, academics. Warren Buffet will also call in to the meeting.

According to theCenter for Responsive Politics, Parsons contributed to the campaigns of both Obama and John McCain, but gave OBama the maximum individual contribution of $4,600, while only $1,500 went to McCain.

John Eggerton
John Eggerton

Contributing editor John Eggerton has been an editor and/or writer on media regulation, legislation and policy for over four decades, including covering the FCC, FTC, Congress, the major media trade associations, and the federal courts. In addition to Multichannel News and Broadcasting + Cable, his work has appeared in Radio World, TV Technology, TV Fax, This Week in Consumer Electronics, Variety and the Encyclopedia Britannica.