Media Bureau Approves Failing Station Waiver for Ironwood
The FCC Media Bureau approved Ironwood Communications' request for a failing station waiver of the multiple ownership rules, allowing the company to own both struggling MyNetwork TV WPME Portland-Auburn, Maine, and CW affiliate WPXT Portland-Auburn, said a letter released Tuesday.…
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The stations are involved in a joint sales agreement and a shared services agreement that would both be terminated with the approval of the waiver. WPME has reported operating losses for the past three years, and granting the waiver will serve the public interest, the Media Bureau said.