Tone an Yvette speak on DIddy's comcast tweets

Rakim Allah

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If you care about

Closing the racial wealth gap

Reparations

Blacks on pace for zero wealth by 2050

The black agenda

Then yes..
Very true.
But if a person also cares about Black Economic Empowerment and creating an Black Economic Base, then Tone and Yvette may turn them off.:francis:
 

ultraflexed

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Very true.
But if a person also cares about Black Economic Empowerment and creating an Black Economic Base, then Tone and Yvette may turn them off.:francis:

There's only 380k black millionaires out of 35 million
In order to achieve REAL black economics we need RADICAL change.

That's really what tone an Yvette talks about
 

GMoney

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It's not that simple, they said he was a owner but a powerless one, they said more then one thing regarding DIddy's ownership.

They said he was more of face of ownership like jay z with the nets, then actual ownership, they have been slightly wrong regarding that

But his lack of power and true agency as owner was correctly described.

I think that was their argument for Circoc Vodka, not Revolt.
 

GMoney

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Byron just released this from Pamela Madison from The Africa Channel

Entertainment Studios Releases Official Statement of Paula Madison: Former Comcast/NBCUniversal Executive and Corporate Insider Reveals the Truth About Sean Diddy Combs' REVOLT, Byron Allen, and Comcast/NBCUniversal

The Africa Channel's ("TAC") relationship with Comcast has been cordial and at times even jovial but our economic relationship cannot be described as a good one. Yes, Comcast is distributing TAC (in business since 2005 and my family's investment business is the largest shareholder) to about 4 million subscribers but it has not meaningfully expanded our subscriber base beyond about 2 million Comcast subscribers.

In 2011 during the Memorandum of Understanding ("MOU") process, TAC requested that Comcast count it among the three channels it would launch, believing those new channels would be distributed to tens of millions of Comcast subscribers. Because TAC was already carried in approximately 2 million Comcast households, TAC was denied and told we were ineligible. (Indeed, Comcast is the largest distributor of our small, independent cable network.) At that time, Comcast assured the leaders of the NAACP, National Action Network and The National Urban League that Comcast would increase TAC's subscriber count from 2 million to 6 million, which for a small, independent cable network would have resulted in a palpable economic boost. Eventually, TAC received just half of the promised increase.

Since then, TAC has been in conversations with Comcast regarding the additional cable carriage. We have been told that carrying TAC "on demand" might be a possible solution. Their representative said Comcast is considering networks with zero to very low license fees. And so with virtually no leverage, we offered to reduce our carriage fee or even agree to a flat fee in exchange for wider distribution. We still believe that a loss in carriage revenues would be offset by increased advertising revenue generated by a larger subscriber base, but Comcast consistently has dismissed those requests.

TAC has been an extraordinarily good partner by supporting all of Comcast's multicultural initiatives such as sponsoring the Odunde Festival, the largest African gathering in Philadelphia — home of Comcast — as well as other Xfinity VOD marketing initiatives targeting the African American community but to no meaningful reciprocity.

Although Comcast has not shut out TAC, Comcast has not been a good business partner. With an unkept — yet repeated — promise by Comcast of 4 million additional subscribers it's inaccurate to include TAC in any grouping of Black-owned independent networks which would typify the Comcast business relationship as good or in any way proactive.

During the MOU process, I met with Chicago Congressman Bobby Rush as part of the Congressional approval process. We met in his DC office and he asked me to assure him that Comcast would continue the innovative and meaningful progress in diversity and inclusion that as NBCU's EVP & Chief Diversity Officer, I had led at NBCU. I assured Congressman Rush that I did not know if the Comcast folks would do so and certainly had no way of predicting this. I did say that GE, NBCU's parent company, was an industry leader regarding Diversity & Inclusion and that NBCU was an industry leader regarding Diversity & Inclusion ("D&I") and that Comcast was promising Congress that it would work for greater economic success for the African American community as stated by the commitments regarding procurement, banking, employment, etc. I said that I was meeting with him as one of my assigned responsibilities to fulfill what was needed to secure for Comcast the government approval to acquire and own NBCU. I said I was taking Comcast at its word.

Launching these Black entrepreneurs' new cable networks without meaningful distribution and real economic inclusion, in my opinion, would result in a business model fraught with frustration and near futility. As the NBCU team leader who worked on and negotiated the MOU with the African American civil rights leaders, separately I had raised with Comcast that without a guaranteed subscriber count giving the Black entrepreneurs significant revenue and profit, the launch of these channels would not help them achieve success in business. Indeed, as an owner of The Africa Channel, I recused myself from any Comcast-TAC discussions but I also knew from experience that without the key components of a guaranteed number of subscribers and revenue, running a profitable cable network would be very problematic. I shared these concerns with Comcast -- that the African American networks would be positioned to fail -- and Comcast made it clear that it was only committed to launching these networks, and not giving them the necessary distribution and economic support to succeed. Period.

None of the Black-owned networks sought cable carriage solely with Comcast. We all sought carriage on Time Warner, Charter, Cox, etc. However, Comcast was seeking to acquire one of the largest content creators in the world, NBCUniversal. And for that reason, Congress legislated that Comcast enter the MOU. Comcast was bound by the agreement to launch the cable networks but was not bound to distribute to a requisite number of households/subscribers so the channels never had a good chance of having a profitable and successful business.

The amount of money Black cable network owners get from their business relationship with Comcast can only be characterized as very small. In fact Comcast spends in excess of $12 billion in licensing cable networks of which Black-owned networks receive a negligible amount.

Because The Africa Channel has been included in Comcast citations which suggested that we are in a good business relationship, I am writing this statement to set the record straight.

I felt compelled to speak up and tell the truth for many reasons, especially after reading the falsehoods spread by Brian Roberts and David Cohen of Comcast. As someone who was a corporate insider and helped to craft the MOU, I can honestly say that after reading Sean Diddy Combs' official statement about Comcast, he has every reason to feel the way he does. In fact, I considered some weeks ago, filing an amicus brief to Byron Allen's lawsuit but after communicating with my fellow Vassar College alum Sherrilyn Ifill of Legal Defense Fund, I decided not to do so. I'm convinced there are a number of amicus briefs filed with SCOTUS that I believe make a positive and convincing argument that his case must be allowed to continue.

I also spoke with National Association of Black Journalists ("NABJ") President Dorothy Tucker expressing my great concern that the Civil Rights Act of 1866 would be gutted by Comcast and U.S. Attorney General Barr and so I encouraged NABJ, of which I am a lifetime member, to speak out and indeed NABJ has done so. After watching Comcast's actions regarding the statute, I am now convinced that I have to speak up. Again, this is the reason I am writing this statement.

I believe Byron Allen's $20 billion lawsuit must be allowed to proceed to trial so we can hear all of the details and the truth.
 

Rakim Allah

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There's only 380k black millionaires out of 35 million
In order to achieve REAL black economics we need RADICAL change.

That's really what tone an Yvette talks about
They despise Black Economic Empowerment because of the "Data", instead of using the "Data" to navigate through the pitfalls and obstacles. Their defeatist attitude is huge turn off. There needs to be balance.

Well, we'll have to do more than just beg and wait if we are to have a RADICAL change.
 

ultraflexed

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They despise Black Economic Empowerment because of the "Data", instead of using the "Data" to navigate through the pitfalls and obstacles. Their defeatist attitude is huge turn off. There needs to be balance.

Well, we'll have to do more than just beg and wait if we are to have a RADICAL change.

Ados is currently supporting one of the wealthiest blackmen to exist navigating those pitfalls in the supreme court

#ADOS doing real work
 

Amestafuu (Emeritus)

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They're saying absolutely nothing new..

Why do people direct so much energy towards these peoples podcast?
personality worship

they need their information pre chewed and partially digested for them so they have a "better understanding"

the world is really full of sheep.
 
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