Sorry in advance for being an asshole about it but you guys just keep harping on about shit that you have no fucking clue about and obviously don't care to learn about before you spout off.
See what I mean? You guys don't even have a fucking clue about the underlying issues that this is all about. Nor do you read anything before you post to shoot off your opinions as faccts and insightful commentary. I've already explained the law in which the FCC has rules that limit the corporate ownership of local TV broadcasting rights to 39%. The Nexstar/Tenga deal would result in an 80% ownership. Far in excess of the regulations.
And being ignorant of those laws, you then proceed to hold forth on the thoughts and feelings of US citizens in towns and cities you have no experience in even so much as visiting. You just lump them all as blue or red, right or left. And then go on to impute motives and actions based on your personally biased prejudiced opinions. (I say ignorant because I have already mansplained this to you guys several times in this thread... so you have been able to read them)
Here you go.. Now you can't ignore the underlying legal implications of not currying favour with the Trump administration.
"AI Overview
Nexstar's acquisition of Tegna is currently prohibited by the
Federal Communications Commission (FCC) because it would exceed the national
broadcast ownership cap, which limits a single company to reaching 39% of U.S. households.
To proceed, the merger would likely require the FCC to grant a waiver or significantly increase this national cap.
However, the FCC has recently solicited comments to potentially reform the rules to allow for large media mergers like this one, which suggests the rules could change.
The National Ownership Cap
- The FCC's national ownership cap sets a limit on the percentage of U.S. households a single broadcast company is allowed to reach.
- Currently, this cap is set at 39%.
- The Nexstar-Tegna merger would result in Nexstar reaching approximately 80% of U.S. households, far exceeding the current 39% limit.
Potential FCC Action
- For the Nexstar-Tegna deal to move forward, the FCC would need to approve a waiver or change the existing rules.
- The FCC has already taken steps, such as issuing a "notice of inquiry" and soliciting comments, to gather information and explore potential changes to media ownership rules.
- These actions suggest a willingness to modernize and accommodate large-scale mergers in the current environment.
Implications for the Deal
- The outcome of the FCC's review will be crucial for the proposed Nexstar-Tegna merger.
- The companies' ability to gain an FCC waiver or for the national cap to be increased will determine if the deal can proceed. "