A large media merger unveiled Tuesday would put San Antonio TV station KENS5 in new palms and additional consolidate Texas broadcast shops, igniting issues from media watchdogs about dwindling selections for native information and content material. Irving-based Nexstar Inc. plans purchase KENS proprietor Tegna Inc. in a $6.2 billion deal that may check present federal laws on media possession limits. If accredited, Nexstar — already the nation’s largest native TV station possession group — would management 265 stations throughout 44 states and D.C., overlaying round 80% of U.S. households. That is greater than double the scope allowed beneath the Federal Communication Fee’s 39% possession cap.
Source link
