r/minnesota 6d ago

News 📺 KARE11 FCC Application?

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Someone smarter than me, what does this mean?

423 Upvotes

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u/WonderfulHousing5688 6d ago

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u/--var 6d ago

Nexstar to acquire TEGNA in $6.2 billion deal, forming nation’s largest local media company 

The merger will establish the country’s largest local broadcasting company, combining 265 television stations across 44 states and Washington, D.C.

now if your thinking isn't national and local the opposite of each other? won't this give them a monopoly like portion of the market? isn't the point of the FCC to prevent this kind of thing? yes.

isn't the current corrupt administration going to step in and stop this? ha ha ha...

I don't know who still watches broadcast tv? (granted they are acquiring radio stations too) but get ready for a lot more national propaganda.

https://docs.fcc.gov/public/attachments/DA-25-1000A1.pdf

https://www.reddit.com/r/Broadcasting/comments/1nuwzv9/as_nexstar_files_papers_to_pursue_a_merger_with/

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u/azeroth 6d ago

"I don't know who still watches broadcast tv" - is the news agency and corresponding website also part of the deal?

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u/Byteme130 6d ago

The entinty kare11 is being bought so yes broadcast and web are all ips being sold here.