Saturday, November 24, 2007

AustinAmericanStatesman: Univision creates Political Action Committee

According to the Federal Elections Committee, eight Univision executives contributed a total of $31,250 from June through October to the Univision Communications, Inc. Political Action Committee which is not affiliated with any political party, the story says.

http://www.statesman.com/blogs/content/shared-gen/blogs/austin/immigration/entries/2007/11/20/univision_forms_political_acti.html

My comments. There's no surprise here. In my experience, the top executives in Latino media are more concerned with using political connections to legislate competitive advantage than actually acting like capitalists to work the market to create competitive advantage.

I think it's a legacy of working in Latin America, where so called "capitalists" get government favors for regulatory terms and contracts to make money. John Gault does not work for Univision.

No comments: