The broadcast industry is ripe for consolidation and could eventually resolve into just two groups, each the size of the combined Nexstar/Tegna, suggested TV group CEOs from Nexstar and Sinclair on their respective Q3 earnings calls this week. “This level of consolidation would strengthen the industry's financial footing and position broadcasters as more capable competitors to big media and big tech” while preserving news coverage, said Sinclair CEO Chris Ripley Wednesday. “I think a good, strong industry needs to have good, strong companies comprising it,” said Nexstar CEO Perry Sook Thursday. “We can't do it all by ourselves.”
A DOJ request last week for additional information about Nexstar's proposed $6.2 billion purchase of Tegna means the transaction will face serious scrutiny at the agency, antitrust attorneys and industry officials told us in interviews. “This is an indication that the deal might not necessarily be in trouble, but that they’ve got plenty of work to do to get it through,” said Bona Law's Steven Cernak.
The federal shutdown is keeping the FCC from processing transfer-of-control applications, but broadcasters are expecting a wave of station deal approvals when it ends, they told us in interviews. Being unable to file paperwork doesn’t delay negotiations, broadcasters told us. “We can’t file anything because nothing’s open right now,” said Circle City Broadcasting CEO DuJuan McCoy, who announced an $83 million deal Tuesday to purchase WRTV Indianapolis (ABC) from E.W. Scripps. “When you're doing deals, you worry about what you can control, and that's signing a deal, negotiating a deal and locking it up.”
The FCC released the draft items for its Nov. 20 open meeting Thursday, including an NPRM on clearing the upper C band, an order undoing the last FCC’s response to the Salt Typhoon attacks, and an NPRM seeking comment on updating telecommunications relay services.
AT&T filed a lawsuit Thursday in Texas against industry ad watchdog the National Advertising Division (NAD) over its attempt to block the company from running ads about T-Mobile’s repeated violations of NAD rules on deceptive ads. “It is one thing for NAD to prove ineffective at stopping deceptive advertising,” said AT&T in a complaint at the U.S. District Court for Northern Texas. “It is quite another for NAD to demand, privately and publicly, that AT&T censor its own truthful statements about T-Mobile’s deceptive advertising history -- that NAD itself disseminated to the public.”
The FCC commissioners were booed and hissed by prisoner advocates at the agency’s open meeting Tuesday as they voted 2-1 to approve an order that will increase rates for incarcerated people’s communications services (IPCS) on an interim basis.
NPR and CPB are battling in court over the disbursement of interconnection funds, according to documents filed Friday with the U.S. District Court for the District of Columbia. NPR wants a federal judge to force CPB to distribute public radio interconnection funds to NPR stations, it said in motions for a preliminary injunction and summary judgment. CPB filed its own motion for summary judgment the same day, arguing that NPR’s lawsuit would prevent CPB from “serving its Congressionally mandated role to serve as the steward of public dollars for public media.”
Advocates for incarcerated people, corrections trade groups and prison-calling companies disagree about the FCC’s draft order on incarcerated people’s communications services (IPCS), according to filings last week in docket 23-62. Thirty-five House Democrats panned the item in a letter (see 2510220049) and advocacy group FWD.us said the proposed rule would increase rate caps by up to 83%, “is based on misleading information, and unfairly shifts facility costs onto the families of incarcerated people.” Securus, meanwhile, said the rule revisions in the draft “make considerable progress towards placing IPCS on a sustainable path, both economically and legally, a critical outcome to all stakeholders.”
The FCC is expected to hold its open meeting Tuesday as scheduled, despite the government shutdown, said Chairman Brendan Carr and other agency officials in interviews. “The plan is to move forward with an in-person October open meeting as scheduled,” an FCC spokesperson told us.
The increasing adoption of AI and U.S. leadership in the technology require massive investments in wireless infrastructure, a focus on making more spectrum available, and attention from Congress and regulators on making those things happen, said speakers at the Wireless Infrastructure Association's Building the AI Future event Wednesday in Washington, D.C. “The bricklaying for AI that telecom provides is really, really important,” said Deputy NTIA Administrator Adam Cassady, while Crown Castle COO Cathy Piche told the panel that “wireless infrastructure is really AI infrastructure.”