Trump FCC lets Nexstar buy Tegna and blow way past 39% TV ownership cap – Ars Technica
When applying the UHF discount, Nexstar was at 39 percent prior to the merger and is now at 54.5 percent. In the merger-approval order issued by its Media Bureau, the Carr FCC found that it has authority to waive the rule and said that considering waivers on a case-by-case basis “gives us the opportunity to…
