Local TV station sales will pay down only a fraction of Skydance’s debt - but expect CBS to be a net seller, nonetheless.

The Federal Communications Commission voted Thursday to end a regulation that capped ownership of local TV stations. In a 2-1 vote, the FCC removed the ownership cap, which prohibited ownership of ...

On paper, local TV giant Nexstar's $6.2 billion acquisition of rival Tegna worked like a dream. Announced in August and approved in March, the deal moved briskly through bureaucratic review of ...

Federal regulators voted to lift a cap meant to preserve competition among local TV stations. FCC Chairman Brendan Carr says the move will help local news survive. Not everyone agrees. Major local TV ...

WASHINGTON, Aug 6 (Reuters) - The U.S. Federal Communications Commission voted on Thursday to rescind the rule that bars local broadcast station owners from reaching more than 39% of U.S. TV ...

The FCC has today announced plans to hold a vote which, if successful, will dramatically shift the balance of power in the US TV market. On August 6, commissioners will hold a ballot to repeal Section ...