Media Bureau Approves Nexstar/CCA Deal
The FCC Media Bureau approved Nexstar’s uncontested $270 million deal to buy Communications Corporation of America, said a Media Bureau letter posted online Thursday. The deal would transfer eight stations in Texas, Louisiana and Mississippi from CCA to Nexstar, the…
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letter said. As part of an agreement announced in August (see 1408060049) and formalized last week in a consent decree with the Department of Justice, Nexstar will divest one station. WEVV-TV (CBS and Fox) Evansville, Indiana, will be sold to African American-owned Bayou City Broadcasting. Along with approving the license transfers, the bureau granted Nexstar’s request to continue operating KYLE-TV Bryan, Texas, as a satellite of KWKT-TV Waco, Texas, the letter said. Along with the Nexstar deal, the bureau also approved other transactions related to African-American-owned stations, said FCC Chairman Tom Wheeler in a blog post Thursday. Several Sinclair stations that had been slated to go dark to comply with ownership rules (see 1407250053) will instead be sold to Howard Stirk Holdings, the chairman said. Howard Stirk Holdings will obtain programming by “producing original local public affairs programs aired during prime time,” the chairman sold. Wheeler also pointed in the blog post to the transfer of two stations from Nexstar to Marshall Broadcasting (see 1411030056) and Gray Television’s recent sales to diverse owners brokered by the Minority Media and Telecommunications Council (see 1408280050). “What we have done in a very short time is foster clear-eyed market-based solutions to the longstanding challenge of low minority broadcast ownership,” Wheeler said.