FCC fines Nexstar $1.2M, WPIX-TV in New York at risk of loss.

Date:

The Federal Communications Commission found that Nexstar Media Group’s acquisition of WPIX-TV in New York in 2020 violated federal ownership limits. As a result, the FCC ordered Mission Broadcasting, Nexstar’s partner in WPIX, to sell the station or for Nexstar to shed other stations in its portfolio to comply with ownership regulations. Additionally, Nexstar was fined $1.2 million for the unauthorized control transfer and exceeding the 39% cap on U.S. TV households.

Nexstar responded by expressing strong opposition to the FCC’s decision and vowed to dispute it vigorously. The company emphasized the importance of joint operating agreements like the one with WPIX in maintaining a competitive media marketplace and supporting local news and investigative journalism. However, Comcast filed a complaint regarding the ownership of WPIX, leading to the FCC’s ruling against Nexstar.

FCC Chairwoman Jessica Rosenworcel emphasized the agency’s responsibility to enforce ownership regulations, citing concerns over companies exceeding the 39% national television audience threshold. Republican commissioner Brendan Carr raised issues with the FCC’s handling of the situation, urging careful consideration of prior decisions and appropriate remedies in response to the enforcement action.

Source link

DMN8 Partners
DMN8 Partnershttps://salvonow.com/
DMN8 Partners utilizes a strategy of Cross Channel marketing including local search engine optimization, PPC, messaging and hyper-targeted audiences allow our clients to experience results and ROI that fuel growth and expansion in their operations. There are a lot of digital marketing options across the country but partnering with an agency that understands multiple touches on multiple platforms allows your company’s message to be seen at the perfect time, on the perfect platform, by your perfect prospect. DMN8 Partners has had years of experience growing businesses. Start growing your business today and begin DOMINATE-ing your market.

More like this
Related

Unilever Dismisses Chief Schumacher, Elevates Finance Head Fernandez

The Editor's Digest offers complimentary access, curated weekly by...

Can AI Serve as Your Lawyer?

An Australian driver is facing accusations of illegally using...

ProPublica Enhances Native American Repatriation Database

In the previous year, significant progress was made by...

Fatal Accident Reported at Fortuna Mining’s Séguéla Mine, Côte d’Ivoire

Fortuna Mining, a Canadian company specializing in precious metals,...