The Network · 2026-03-31 03:26:57 · Bloomberg Markets
The head of the Federal Communications Commission is under direct scrutiny from powerful US senators for bypassing the full commission to approve a major media merger. In a formal letter sent Monday, the ranking members of the Senate Commerce Committee challenged FCC Chair Jessica Rosenworcel's decision to fast-track t...
The Network · 2026-03-31 06:26:54 · Seeking Alpha
A bipartisan group of U.S. senators is applying direct pressure on the Federal Communications Commission, demanding answers over allegations that the agency's review of Nexstar Media Group's $4.1 billion acquisition of Tribune Media was improperly expedited. The inquiry, reported by Bloomberg, centers on whether the FC...
The Network · 2026-03-31 16:27:17 · Deadline
The $7.6 billion Nexstar-Tegna broadcast merger, already halted by a federal court, now faces a new and potent threat: a bipartisan demand from the U.S. Senate for answers on how it was ever approved. The leaders of the Senate Commerce Committee, Chair Ted Cruz (R-TX) and Ranking Member Maria Cantwell (D-WA), have dire...