Nexstar Media Group announces $6.2 billion acquisition of Tegna, creating broadcasting giant reaching 80% of US TV households. Deal represents mass…
nexstar-media-grouptegnafederal-communications-commissionmedia-consolidationnexstartegnabroadcastingmonopoly+5 more
The Bush administration’s FCC under Chairman Michael Powell enabled massive media consolidation benefiting Sinclair Broadcasting through deregulation of ownership rules. The 2003 FCC vote to increase the national ownership cap from 35% to 45% particularly benefited Sinclair due to the UHF …
Michael PowellFCCSinclair BroadcastingDavid SmithGeorge W. Bushmedia-consolidationfcc-deregulationsinclairpowellbroadcasting