Two Colorado Politicians Protest Nexstar/TEGNA Merger
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Lawmakers Want the FCC to Say No to Nexstar/Tegna Deal
The proposed $6.2 billion acquisition of TEGNA by Nexstar Media Group is facing forceful opposition from Colorado's senior Democratic lawmakers, Senator Michael Bennet and Representative Joe Neguse, who have formally urged the Federal Communications Commission (FCC) to reject the deal.In a letter sent to FCC Chairman Brendan Carr on Thursday, Bennet and Neguse argued that the massive merger "would violate the national broadcast ownership cap and…
Two Colorado Politicians Protest Nexstar/TEGNA Merger
In the words of Nexstar Media Group founder and Chairman/CEO Perry Sook, it was “a moment I’ve been waiting for since forming Nexstar more than 30 years ago.” The publicly traded company that already owns more broadcast television stations than any of its peers had reached a formal agreement to acquire TEGNA. The deal isn’t without its regulatory hurdles, short an expected thaw of the FCC’s local broadcast television rules and subcaps. Neverthel…
Colorado Democrats Demand FCC Block Nexstar-TEGNA Merger
💡▪️N.Y. Post: Comcast Chipped in $5M to $10M to Build White House Ballroom▪️ Warren-Markey Letter Says White House Ballroom about Pay-to-Play▪️SIA, Bull Moose Project at Odds over China Influence▪️GCI Mobilized to Help Typhoon Flood Victims▪️ O’Rielly Fighting Michigan Robocalls Bill▪️ Congress Sets Record for Passage of CRA Resolutions▪️Malone: Rupert Murdoch Didn’t Want Vance on Ticket with TrumpMerger: Sen. Michael Bennet (D-Colo.) and Rep. …
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