The FCC on Thursday voted 2-1 to eliminate the national TV ownership cap rule that bars a single broadcaster from owning stations that reach more than 39% of U.S. TV households. Why it matters: The party-line vote clears the way for local broadcasters to merge, giving single broadcast ownership groups far more reach than they previously could have. - FCC chairman Brendan Carr has long argued that the cap was outdated and limits the ability of broadcasters to consolidate to compete with tech firms and streamers. Zoom in: The FCC said in a statement that deals would be evaluated on a case-by-case basis that authorizes deals that satisfy the agency's public review standard. - "This will empower the FCC to approve deals that promote the…
Glenn joined Real America's Voice in 2024, after stints with Nexstar Media Group, Sinclair Broadcasting, Tegna, Salem Media Group and Right Side Broadcasting.
A U.S. district judge on Friday issued a preliminary injunction requiring Nexstar and Tegna to remain separate, despite closing their $6.2 billion megamerger last month. Why it matters: The ruling significantly dampens the consolidation outlook for the entire local broadcast industry. Zoom in: In a lengthy decision, District Judge Troy Nunley said the court agrees with DirecTV that the merger would force national pay-TV providers like DirecTV to lift their prices on consumers, causing "irreparable harm." - He also said the plaintiffs' argument that the deal will reduce competition in dozens of markets was likely to prevail in court. Between the lines: The preliminary injunction follows Nunley's decision to grant a temporary…
U.S. Judge Trevor Nunley ruled that consumers could suffer irreparable harm if Nexstar integrated Tegna's stations into its own operations ahead of an antitrust trial.
Local TV giant Nexstar's $6.2 deal to acquire rival Tegna won speedy approval from Trump administration regulators. But it faces togh challenge from a pair of anti-trust lawsuits.
-President Trump comments on Iran and more while speaking with reporters on Air Force One as he returns to Washington from Florida after a security incident in Palm Beach. -Spring break travel hits a major roadblock at Baltimore/Washington International Airport. -House Republicans sound the alarm on a new Senate funding proposal, with House Republican Conference Chair Lisa McClain telling NEWSMAX it’s a “horrible deal” that sets funding for ICE to zero and leaves American borders wide open. -On "American Agenda," former DHS Advisor Charles Marino reacts to the House GOP holding firm on ICE funding against Democrats. -On "Rob Schmitt Tonight," Lt. General Keith Kellogg joins to discuss the latest developments in the Iran war. -A…
Chief U.S. District Judge Troy Nunley of the Eastern District of California issued a detailed order granting a temporary restraining order against the deal.
The FCC has approved the sale of Tegna television stations to rival Nexstar Media Group Thursday. The deal would create a company that owns 259 television stations in 44 states.
The Federal Communications Commission on Thursday said it had approved the merger of local television giants Nexstar Media Group and rival Tegna, the same day that two lawsuits trying to block the deal were announced.
