Fort Collins Update: On November 3rd, Comcast's front group Priorities First filed their most recent campaign report. The report showed that the group spent and additional $256,326 on the Fort Collins campaign between October 23rd and November 1st. This brings big incumbent spending to stop compeition to almost half a million dollars.
As the company with one of the largest ISPs in the nation, Comcast Corporation makes daily investment decisions. They choose to put company funds into a variety of ventures, from theme parks to hair color; all that matters is that the investment pays off. This election season, Comcast is once again devoting funds to an investment it considers necessary - influencing elections in Seattle and Fort Collins, Colorado. We've prepared a policy brief to look deeper into Comcast's investment into the elections.
Download the brief here: Comcast Spends Big on Local Elections: Would Lose Millions in Revenue from Real Broadband Competition.
We’ve written about lobbying dollars from big national incumbents so many times we can do it in our sleep. Comcast doesn’t want competition from any other provider. We know that subscribers complain year after year in surveys about the ISP and each year Comcast makes it at or near the top of the list of most hated companies. It’s reasonable to expect residents and businesses to switch to some other ISP if given the opportunity. If the new entrant happens to be managed by a utility they know and trust, the chances of them switching are even greater.
How many subscribers could Comcast lose in Seattle or Fort Collins? What sort of revenue would they lose if faced with competition from a municipal Internet network? We made some conservative projections and discovered that their contributions to local political races were small... Read more