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Comcast will add a Latino board member within two years...

Comcast will add a Latino board member within two years as part of a memorandum of understanding among the company, NBC Universal and six Hispanic groups, released as the cable operator seeks regulatory approval to buy a controlling stake in…

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NBCU (CD June 30 p3). The company separately on Wednesday afternoon submitted to the FCC documents the agency sought, a request which had triggered a pause of the deal’s “shot clock.” As part of the Hispanic-group agreement, Comcast and NBC Universal will add Latino employees, particularly in senior and mid-level management and at the entry-level, the companies said Wednesday, http://xrl.us/bhqe7m. They'll seek guidance from an Hispanic Advisory Council, to be created with nine members, as they increase the percentage of business done with Latino-owned vendors to the portion of such businesses in areas the companies serve. That council will be part of a larger body made up of African American, Asian Pacific Islander, Native American, disabled, veterans and lesbian-gay-bisexual-transgender representatives. The deal disclosed Wednesday includes the Cuban American National Council, Hispanic Federation, National Council of La Raza and National Hispanic Media Coalition. Separately, parts of an economic analysis submitted in 2007 by DirecTV as it sought FCC approval of transfer of control to News Corp. will be treated as highly confidential by the commission as it reviews Comcast-NBC Universal, Media Bureau Chief Bill Lake wrote Tuesday. DirecTV had sought the ruling. Monday, an executive of deal opponent Bloomberg met with an aide to Commissioner Meredith Baker to discuss its concerns (CD June 29 p11), a filing said.