Legal News
States seek court restraining order to block Nexstar-TEGNA merger
Officials argue the merger violates antitrust laws and prioritizes corporate interests over consumers.
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Lawsuits against Nexstar will continue after company closes TEGNA deal
Plaintiffs argue the merger creates excessive market concentration and could lead to higher TV distribution fees.
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FCC Commissioner Gomez criticizes agency’s approval of Nexstar-TEGNA deal
Gomez said the decision was rushed and should have undergone a full Commission vote and public review.
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FCC says it granted ownership rule waivers to approve Nexstar-TEGNA deal
Regulators said the deal serves the public interest amid growing competition from large media and streaming companies.
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Nexstar says it closes TEGNA acquisition, despite lawsuits
Nexstar Media Group on Thursday said it closed on its $6 billion acquisition of peer broadcaster TEGNA, despite two federal lawsuits that were recently filed meant to prevent the transaction from moving forward.
Opponents of Nexstar-TEGNA merger accuse CEO of “doublespeak”
Two organization said Nexstar CEO Perry Sook’s comments to investors contradict claims made to regulators about market challenges and economic studies.
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Judge says 1,000 Voice of America workers must be reinstated
A federal judge has ordered more than 1,000 laid off Voice of Ameriaca employees to be reinstated.
Arizona attorney general files criminal charges against Kalshi
Several news organizations, including CNBC and CNN, have partnerships with Kalshi to integrate their prediction marketplace into various editorial products.
Report: SEC could eliminate requirement for quarterly financial disclosures
Regulators say the change could reduce compliance burdens and encourage more companies to remain publicly traded.
FCC Commissioner Gomez says Carr’s threats against broadcasters are baseless
Gomez noted the FCC has no broadcast license renewals scheduled until 2028, making enforcement unlikely.
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Trump’s FCC Chairman threatens broadcast licenses over war propaganda
In a series of social media posts, FCC Chairman Brendan Carr strongly implied that broadcasters could lose their licenses if they don't repeat conflict-related talking points.
Judge pauses Cumulus lawsuit against Nielsen amid bankruptcy case
The ruling halts both Nielsen’s counterclaims and Cumulus’s antitrust claims while the broadcaster’s restructuring proceeds.