The Federal Communications Commission (FCC) has made a ruling regarding Nexstar Media Group’s takeover of WPIX-TV in New York in 2020. The FCC has determined that the acquisition violated federal limits on station ownership and has ordered Nexstar’s partner, Mission Broadcasting, to sell the station. If Mission Broadcasting does not comply, Nexstar may have to sell off other stations to remain within the ownership cap.
In addition to the requirement to sell WPIX, Nexstar has been fined $1.2 million for the violation. Despite this, Nexstar has stated that they plan to dispute the FCC’s decision, with CEO Perry Sook expressing disappointment in the ruling. Sook emphasized the importance of joint operating agreements for maintaining a competitive media marketplace and investing in local news.
The complaint that ultimately led to the FCC’s investigation and ruling was filed by Comcast. FCC Chairwoman Jessica Rosenworcel highlighted the prohibition on companies controlling broadcast stations that reach more than 39% of the national television audience. Republican commissioner Brendan Carr raised concerns about the FCC citing previously approved features of the relationship, urging the agency to ensure that any necessary remedies are appropriate given the procedural posture of the enforcement action.
The ruling and subsequent actions by the FCC have significant implications for Nexstar Media Group and the media industry as a whole. It remains to be seen how Nexstar will proceed in light of the decision and whether they will be able to successfully dispute the FCC’s ruling. Stay tuned for further developments on this story as it unfolds.
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