Standard General Urges Appeals Court to Force FCC Vote on Tegna Deal
The court must “compel the FCC to follow its own procedural norms by putting the deal to a vote,” said Standard General’s Soo Kim
Source: tvtechnology.com
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Intralot posts earnings growth despite revenue squeeze
Gaming supplier Intralot reported a year-on-year revenue decline of 5.1% to €392.8m (£344.5m/ $428.5m) in its 2022 financial report.
Source: igamingbusiness.com
Ted Austin Gets New Life For Idaho AM Facing Deletion | Radio & Television Business Report
On February 1, 2022, KPCQ-AM in Chubbock, Idaho, celebrated its fourth birthday under the ownership of its current licensee. But, future birthdays were placed in doubt after a Hearing Designation Order was sent to owner Ted Austin regarding long periods of silence for the station. Now, the FCC's ALJ has agreed to a license renewal, but under conditions.
Source: rbr.com
GOP Lawmakers Criticize FCC Handling of Tegna Deal
Senator Cruz and Representative McMorris Rodgers said FCC’s decisions “raised questions about the Commission’s fairness”
Source: tvtechnology.com
DC Circ. Rejects Appeal To Make FCC Act On $8.6B Tegna Deal
The D.C. Circuit rejected an initial bid from Standard General late Monday that sought to force the Federal Communications Commission to expedite its public interest review of the hedge fund's proposed $8.6 billion plan to take broadcaster Tegna private.
Source: law360.com