Really? $20 Billion Lawsuit Claims Al Sharpton Sold Out To Time Warner
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.
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Here’s what Byron Allen is alleging:
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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
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