Petition Backs TWC Shareholder Proposal

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Advocacy group SumOfUs.org has launched a petition backing a resolution from some Time Warner Cable shareholders calling on the company to disclose its political spending and "end the funding of shadow organizations opposed to net neutrality."

They want the company to disclose how much it contributes to the National Cable & Telecommunications Association--it is one of the largest members-- citing NCTA's support for Broadband For America, which opposed net neutrality regs. They also want TWC not to fund groups opposing net neutrality rules.

NCTA has made not secret of its opposition to the FCC's new network neutrality order, having joined with other ISPs to challenge the FCC's Title II reclassification.

SumOfUS.org says it has almost 20,000 signatories on its petition.

TWC shareholders are meeting in New York this week, where the resolution will be proposed.

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.