06-06-2023, 01:58 PM
(22-05-2023, 11:49 PM)W. Knight Wrote: Big news on the local TV front: After months of stagnation at the FCC, the merger between station group Tegna and hedge fund Standard General is officially terminated by Tegna. The latter is now owing Tegna a termination fee of $136 mil, plus looking into possibilities to take back the extra costs incurred in drafting the proposal.An update to this: Allen Media Group, owned by Byron Allen, most notably owns The Weather Channel and being the last pair of hands on the Black News Channel, is now eyeing for Tegna:
www.npr.org
Watch this space...
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