FCC approves two TV station group mergers

Dec 20, 2013

The Federal Communications Commission has approved two multi-billion-dollar mergers involving the consolidation of major TV station groups.

In rulings released Friday, the FCC allowed Tribune Co. to purchase 16 stations from Local TV Holdings LLC, while allowing another three stations to go to Dreamcatcher Broadcasting LLC.

Tribune originally sought 19 stations for $2.7 billion, but Dreamcatcher will run three of the stations under an operating agreement with Tribune. The FCC denied the agreements amounted to full control.

The FCC also approved Gannett Co. Inc.'s $1.5 billion purchase of Belo Corp. and its 20 stations. Gannett on Monday agreed with the Justice Department to cut all ties with one of the stations, KMOV-TV in St. Louis. Five other stations will be operated by Sander Media LLC in a separate operating agreement.

Explore further: Mobile provider TracFone to pay $40M in federal settlement

2 /5 (1 vote)
add to favorites email to friend print save as pdf

Related Stories

Dish, Gannett reach agreement over TV fees

Oct 08, 2012

(AP)—Dish and Gannett say they have reached an agreement in a fee dispute that had threatened to leave more than 2 million Dish subscribers in 19 cities without access to local television stations owned by Gannett.

Comcast, NBC to sell 1 TV station in Los Angeles

May 10, 2010

(AP) -- NBC Universal will sell one of the three Los Angeles stations it owns as cable TV provider Comcast Corp. tries to clear regulatory hurdles so it can acquire a controlling stake in the entertainment company.

Stations must warn if new TV signals lack reach

Mar 16, 2009

(AP) -- TV stations must alert viewers if their new digital signals don't reach areas covered by their soon-to-be-defunct analog broadcasts, the Federal Communications Commission has ruled.

Recommended for you

Google wireless service could disrupt carriers

Jan 27, 2015

Internet users from San Jose to Kansas City have been clamoring for Google to lay down its long-awaited fiber-optic network to compete with Comcast and AT&T in speeding up Web and television access. Now the Silicon Valley ...

Google super-fast US Internet service spreads

Jan 27, 2015

Google's super-fast Internet service—up to 100 times quicker than basic broadband—is heading for four more US metropolitan areas as the technology titan ramps up pressure on cable service giants.

Transmitting wireless data on higher frequencies

Jan 27, 2015

Everything we do that requires a wireless connection uses the radio spectrum. We're able to harness radio waves to listen to music in the car or stream Netflix from the 4G network on our smartphones. Each ...

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.