General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsMedia Conglomerates like Sinclair and Nexstar are technically breaking the law.
In the United States, a single media company is currently restricted to controlling broadcast TV stations that collectively reach no more than 39% of all U.S. television households. This regulation is a legal limit.
Sinclair owned stations reached about 70% of households as of 2018.
https://www.the-independent.com/news/world/americas/us-politics/sinclair-broadcasting-jimmy-kimmel-b2828982.html
Nexstar owned stations currently reach more than 70% of households. That number will increase to over 80% if the Tegna merger is allowed.
https://www.morningstar.com/news/marketwatch/20250819392/nexstar-tegna-deal-puts-trump-move-to-eliminate-broadcast-ownership-rules-to-the-test
They are allowed to get away with this because of a ridiculous rule called the UHF discount.
So the reason for the rule is no longer valid, yet it still remains in effect, allowing companies like Sinclair & NExstar to skirt longstanding broadcast rules to have their single companies to reach almost the entire US, something that long ago was determined to be detrimental to keeping local residents informed about local news.
lostincalifornia
(4,785 posts)Unfortunately their cowardice will not do that.
Money and mergers are more important to them than Democracy.
Frasier Balzov
(4,669 posts)Nextstar: NXST
Sinclair: SBGI
Salem: SALM
Disney: DIS
Fiendish Thingy
(21,272 posts)And give her the go ahead to break up these monopolies.
I want children in elementary schools to know the meaning of the term anti-trust
crud
(1,116 posts)from the criminal president to pull Kimmel off the air from their local stations. This was a setup waiting for the right time to pull the trigger. All in cahoots with the corrupt Whitehouse.
Skittles
(168,360 posts)but who the FUCK is going to do anything about it