WS #13550
FCC votes 2-1 to rescind the 39% TV ownership cap, paving the way for broadcast mergers, a win for Nexstar and other large station owners. UK CMA clears the £85bn Paramount-Warner Bros merger, removing a regulatory hurdle and supporting PARA and WBD shares.
FCC rescinds TV ownership cap
FCC votes 2-1 to rescind the 39% TV ownership cap, paving the way for broadcast mergers, a win for Nexstar and other large station owners.
UK CMA clears the £85bn Paramount-Warner Bros merger, removing a regulatory hurdle and supporting PARA and WBD shares.