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Warren Leads Lawmakers Urging FCC, DOJ to Scrutinize $6.2 Billion NexstarTegna Deal as ‘Presumptively Illegal’

Lawmakers seek public hearings to test whether a merger topping the 39% cap serves the public interest.

Overview

  • Senators Elizabeth Warren, Chris Van Hollen, and Jacky Rosen, joined by Representatives Doris Matsui, Maxwell Frost, and Summer Lee, sent a Dec. 16 letter urging rigorous review and a potential block if the deal violates telecom or antitrust law.
  • The proposed combination would create a portfolio of about 265 stations across 44 states and D.C., reaching roughly 80% of U.S. TV households, far above the FCC’s 39% national ownership limit.
  • The letter argues the enlarged company could demand higher retransmission fees from pay‑TV distributors, increasing the risk of blackouts and raising costs for subscribers.
  • Lawmakers cite about 35 overlapping markets and Nexstar’s projected $300 million in cost savings as warning signs for newsroom layoffs and more homogenized local news content.
  • The push highlights calls for a transparent process insulated from political pressure, referencing Nexstar’s brief preemption of Jimmy Kimmel Live! following public comments by FCC Chair Brendan Carr.