• hemmes@lemmy.world
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    17 hours ago

    The decision by Nexstar comes as the broadcast station is seeking FCC approval for its $6.2 billion mega deal to acquire Tegna, a deal that would make Nexstar by far the largest owner of local TV stations in the country.

    The FCC would have to raise the 40 percent ownership cap in order to let the deal advance.

    Quote from The Hollywood Reporter. Just like CBS with Colbert.