Trump Presidency Sparks Media Deregulation Hopes
Media executives anticipate increased mergers and reduced regulations under Donald Trump's administration, reshaping the broadcast landscape.
- Media companies like Nexstar and Warner Bros. Discovery expect deregulation to enable more mergers and acquisitions.
- Nexstar CEO Perry Sook emphasizes the need to lift ownership caps to compete with tech giants.
- Trump's administration may appoint FCC leaders favoring reduced media regulations, potentially reviving past policies.
- Broadcasters aim to counter tech companies' dominance by expanding their reach and influence.
- Industry leaders foresee a shift towards fact-based journalism and less activist reporting in the media landscape.