
"What they're saying: In a Truth Social post linking to a Newsmax story with Ruddy's comments, Trump said removing the cap "would also allow the Radical Left Networks to 'enlarge,' I would not be happy." "ABC & NBC, in particular, are a disaster - A VIRTUAL ARM OF THE DEMOCRAT PARTY. They should be viewed as an illegal campaign to the Radical Left. NO EXPANSION OF THE FAKE NEWS NETWORKS. If anything, make them SMALLER!""
"" Ownership modernization is not about making national networks larger, it is about empowering local broadcasters that serve their communities with trusted news, emergency information and local journalism," NAB spokesperson Alex Siciliano said in a statement to Axios. "These outdated rules do not restrict networks, they restrict local stations that are trying to survive. Chris Ruddy's misleading campaign is about preventing those local broadcasters from competing on the same playing field as a station like his that already reaches 100 percent of the country.""
Carr advocates repealing decades-old consolidation rules and removing the national ownership cap, arguing the FCC can act without congressional approval. The National Association of Broadcasters strongly supports eliminating the cap to modernize ownership rules and empower local stations. Consumer groups and smaller media companies like Newsmax argue Congress removed the FCC's authority to change the cap when it set the limit in 2004. Newsmax CEO Chris Ruddy opposes lifting the cap, warning it would silence Republicans, and former President Trump echoed concerns about expanding "Radical Left" networks. Local broadcasters have pursued major consolidation deals, including Nexstar's agreement to buy Tegna for over $6 billion.
Read at Axios
Unable to calculate read time
Collection
[
|
...
]