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Nexstar CEO on $6.2B Tegna deal: Allows us to compete on a level playing field with Big Tech
CNBC Television· 2025-08-19 12:57
We got a broadcast deal to tell you about and a possible spoiler as well to talk about this morning. A short while ago, NextStar Media Group said that it's going to buy rival Tegna in a cash deal valued at $6.2% billion. The transaction still subject to regulatory approval and Tegna shareholder approval.Meanwhile, late yesterday, the Wall Street Journal reporting that Sinclair, one of the nation's largest owners of local TV stations, wants to merge its TV business with Tegna. So there's a lot going on here ...
FCC chairman on cancellation of Stephen Colbert's show
CNBC Television· 2025-07-25 17:30
Well, look, I look, it's clear to me that Cobar doesn't have it anymore. What we were focused on was our interactions with the new purchasers, the commitments that they made in the FCC record. Again, addressing bias, addressing things like DEI, looking to put more investment into local news because at the end of the day, trusted local sources of news and information are really important.It's a big counterweight to a lot of the national media out there. In terms of the Coar thing, again, that was a business ...
Public radio stations at risk as congress weighs cuts
MSNBC· 2025-07-16 16:47
And joining us now is Tom Abbott, the general manager of KFSK FM, a public radio station that's reliant on that federal funding based out of Petersburg, Alaska, remote island fishing town in the southeastern part of that state. Tom, thanks for being here. Talk about the role your station serves in Alaska, the community you serve.Uh, good morning, Anna. Yeah, thank you. Um, we're a very we're an island community.All of Southeast Alaska is an archipelago of islands where access is by uh air or boat only. We p ...