Mergers & Acquisitions

Senate Committee on Commerce, Science, and Transportation hearing set for Feb. 10 will pay particular attention to the rule prohibiting station groups from reaching no more than 39% of TV homes

In a new blog post, the association argues that the ownership rules `no longer serves the public interest, stifling the voices of religious broadcasters’

The NAB released survey data showing that 58% said the current ownership rules are `unfair’ and 38% are more likely to vote for lawmakers who want to eliminate them

The purchase of the NFL Network and other digital assets was finalized after regulatory approval; the NFL now has a 10% stake in ESPN

BUSINESS Brian Galante becomes president for the Americas at the marketing firm

The rural broadband association argued deal would produce higher retrans fees that will have a “severe and worsening impact” on rural communities

Public interest groups, labor unions and civil rights organizations sent a letter backing Free Press FCC filing opposing the deal

NAB, Sinclair, Scripps, Cox, Nexstar, Fox and a coalition of network affiliates filed reply comments rebutting arguments against deregulation by pay TV groups, unions, public interest groups and some smaller broadcasters

Stock price slumped in afterhours trading as bidding war for Warner Bros. Discovery continues

The amended agreement, which is supported by the WBD board, provides shareholders with more `certainty’ and moves up the timeline for shareholder approval