Entries Matching: Mergers

The FCC Can—and Should—Update Its Rules to Combat Rising Cross-Ownership

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The Federal Communications Commission is required by law to review its media ownership rules every four years to determine whether they remain “necessary in the public interest.” If they do not, the FCC is to “repeal or modify” the regulations. Contrary to the apparent belief of the FCC, the Quadrennial Review is not simply about eliminating or relaxing rules. Rather, the purpose of the review is to serve the public interest. Therefore, when the FCC decides whether to keep, repeal, or modify current rules, some rules may need to be enhanced.

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Public Knowledge Responds to Tribune Media Withdrawal from Sinclair Deal, Lawsuit

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Today, Tribune Media has announced that it has terminated its 3.9 billion merger agreement with Sinclair Broadcasting Group and that it has filed a lawsuit against Sinclair for breach of contract. The withdrawal follows the Federal Communications Commission’s move to send the merger to an administrative law judge.

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