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Investment Porn Alarm. Taking Action Against Cable Porn WASHINGTON (CNS) — Christian Brothers Investment Services led a group of 220 other institutional investors to ask the United States’ largest …More
Investment Porn Alarm.

Taking Action Against Cable Porn

WASHINGTON (CNS) — Christian Brothers Investment Services led a group of 220 other institutional investors to ask the United States’ largest cable television and satellite TV providers to stop distributing on-demand pay-per-view pornography and to stop carrying adult channels that specialize in pornographic material.
Letters were sent Nov. 3 to Comcast, Time Warner Cable and Cablevision, which are, respectively, the first-, second- and fifth-largest cable companies in the United States and the three biggest publicly traded companies. Similar letters also went to DirecTV and Dish Network, the two principal U.S. satellite TV firms.
If a company cannot completely wean itself from porn, the letter said, then it should alert stockholders to the “potentially significant legal and business risks” that exist from carrying porn by including that information in the company’s public disclosures.

www.ncregister.com/daily-news/taking-action-a…