"Nexstar's acquisition of Tegna is vitally important to the future of local television and local journalism. We are grateful that the Trump administration and the FCC recognize that the current television ownership regulations are outdated and do not reflect the competitive media landscape as it has evolved over the past 25+ years. Like the Trump administration, we are focused on achieving deregulation, and we continue to advocate for the elimination of the antiquated constraints on local television ownership."
"To be clear, in an age of disinformation and political agendas, we are the anti-fake news. Our news is delivered by trusted, familiar voices - journalists who live in the community - not a chat-bot or social media influencers. And yet, we are prohibited from broadcasting trusted local news and programming to hundreds of communities across the country because of antiquated regulatory constraints."
Nexstar filed an application with the FCC seeking approval to buy Tegna for $6.2 billion. The acquisition would make Nexstar the largest owner of local television stations in the United States. Nexstar praised President Donald Trump and the GOP-controlled FCC while urging rapid approval and the relaxation of long-standing ownership rules. The company describes current television ownership regulations as outdated and unable to reflect a changed competitive media landscape. Nexstar advocates deregulation and removal of constraints on local television ownership. Nexstar uses political and anti–“fake news” language to portray its local journalists as trusted sources and claims regulations prevent broadcasting to hundreds of communities.
Read at Poynter
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