NABOB, Heartland Urge FCC to Grant Nexstar/Media General Waiver
The FCC should grant Nexstar's request for a waiver to allow its deal to buy Media General to be approved during the incentive auction (see 1609220035), said the National Association of Black Owned Broadcasters and Heartland Media letters posted in…
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docket 16-57 Friday. “Extended delay harms all parties to the transaction by leading to increased costs of financing,” said Heartland, which is to buy some of the stations being divested as part of the transaction. NABOB supports the waiver because it will aid the African American-owned Bayou City Broadcasting, which is also buying divestitures from the deal.