Latest about Mergers & Acquisitions
FCC Urges Appeals Court to Toss Challenges to Nexstar-Tegna Deal
`Under binding Circuit precedent, this Court lacks jurisdiction to review an order issued by the Commission’s staff,’ the regulator said
FCC’s Anna Gomez Urges Rigorous Review of Paramount-WBD Merger
Regulatory and Standards Democratic commissioner says regulator shouldn’t dole out ‘another billionaire buddy bypass’ on foreign-ownership rules
Gray Media Closes Purchase of 10 Allen Media Group Stations
Atlanta-based Gray announced last August that it was buying the stations for $171 million
Study: Paramount-WBD Deal Signals New Era of Streaming Scale
Combined entity reaches 57% of US internet households, positioning it alongside Netflix, Google, Amazon, and Disney in viewer engagement and reach
Sinclair Remains Bullish on Station M&A
In its Q1 earnings call, CEO Chris Ripley said, ‘We’re going to head towards a marketplace where you’ve got two large groups’
UPDATED: Republican AGs Join Nexstar-Tegna Antitrust Suit
Nexstar responded by saying the alternative to the deal is "the demise of your local broadcast station"
FCC Approves Station Swaps Between Scripps and Gray Media
The swaps in mid- and small-sized markets create new duopolies for the station groups
D.C. Court Denies Emergency Stay of Nexstar/Tegna Merger
The ruling noted that a preliminary injunction pausing the merger reduced the immediate `potential harm’ facing DirecTV, Newsmax and others who are trying to block the deal
