Circulating FCC Item on Nexstar License Renewal May Pave Way to OK Buying Tribune
An item on Nexstar listed by the FCC as being on circulation doesn’t directly relate to the company's buying Tribune, agency officials told us last week. Listed as “Nexstar Broadcasting, Inc., Application for Renewal of Licenses of Nexstar Broadcasting, Inc.…
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and Compliance with the Children's Television Act,” the item involves renewal of the broadcaster's licenses, the officials said. It isn’t uncommon for the agency to “clear the decks” of older, unresolved matters before approving a deal, the officials said. DOJ approved most of the Nexstar/Tribune divestitures earlier this month. The broadcaster is seen likely to divest a station in the lone market flagged by antitrust authorities (see 1908010035). It’s possible that an order approving the deal wouldn’t be circulated at all but approved at the bureau level on delegated authority, the officials said. Nexstar didn’t comment Friday.