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Nexstar CEO Says FCC Can’t “Unilaterally” Revoke Broadcast Licenses Despite Donald Trump Threats
News Nation and CW parent Nexstar itself hasn’t drawn the ire of the incoming president, but its CEO Perry Sook says Donald Trump’s threats against the big three broadcasters -- that the FCC could pull their licenses -- “is not really in cards.”
News Nation and CW parent Nexstar itself hasn’t drawn the ire of the incoming president, but its CEO Perry Sook says Donald Trump ’s threats against big broadcasters, that the FCC could pull their licenses, is not really in the cards. Separately, Sook sees bright days ahead for Nexstar as the nation’s biggest owner to television stations in an administration that’s declared itself open to deregulation. That includes possibly eliminating the national cap on broadcast TV ownership (now at 39%) and the prohibition against duopolies (owning more than one station in a market) that currently requires a waiver and they haven’t been forthcoming, he said.
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