Inside these posts: Independent Film & Television Alliance

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Indies change stance, OK Comcast-NBC deal

Comcast Corp. and NBC Universal has reached an agreement with theĀ  Independent Film & Television Alliance over their proposed merger, which is being reviewed by the Federal Communications Commission andĀ  Justice Department.

The alliance reversed its opposition to the merger on the grounds it would stifle creativity in exchange for a promise that Comcast and NBC would allocate $6 million over four years to a development fund for independent productions.