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FCC chair backs Nexstar’s proposed acquisition of TEGNA after Trump's public support
FCC Chair Brendan Carr backs Nexstar’s $6 billion acquisition of TEGNA despite ownership cap concerns and calls for full commission vote from Democrats.
- On Wednesday, FCC Chair Brendan Carr said he supports the $6.2 billion acquisition, adding `I support that transaction` .
- Supporters including Nexstar argue ending the ownership cap can boost local news investment and scale, as Carr supports the deal announced earlier this month.
- Nexstar's reach exceeds 80 percent of the population by controlling stations and using the UHF discount, while FCC rules limit ownership to 39 percent of U.S. TV households.
- Anna Gomez, the Democratic FCC commissioner, said she wants a full commission vote on the Nexstar-TEGNA deal, not just the Media Bureau, remarks made Wednesday.
- The FCC can approve the deal by granting waivers to ownership rules where TEGNA owns stations; Nexstar would become the largest regional TV-station operator, increasing competition with television networks.
26 Articles
26 Articles
FCC Chair Backs Nexstar-Tegna Merger: A Shift in Media Dynamics
The FCC Chair supports Nexstar's $3.54 billion bid to acquire Tegna, aiming to create the largest U.S. regional TV operator. This merger would require lifting ownership caps amid challenges for local media from streaming services. Discussions on revising ownership rules continue amidst debate about fair competition.
FCC's Gomez says Nexstar-TEGNA deal should get full panel vote
FCC Commissioner Anna Gomez (left) speaks with Steve Herman, the Executive Director of the Jordan Center at the University of Mississippi’s School of Journalism. (Still frame via web broadcast, Graphic by The Desk) The lone Democratic official at the Federal Communications Commission (FCC) says Nexstar Media Group’s proposed $6 billion acquisition of peer broadcaster TEGNA should be scrutinized and voted on by the full panel of commissioner. At …
FCC’s Gómez: Nexstar/TEGNA Yay Should Require Full Commission Say
WASHINGTON, D.C. — The lone Democratic vote-maker on the Federal Communications Commission has made it clear that the Nexstar Media Group merger with TEGNA deserves a full Commission vote — and that this, as is being rumored, will not transpire. Please Login to view this premium content. (Not a member? Join Today!)
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