WASHINGTON, March 20 -- Sen. Michael Bennet issued the following press release:
Colorado U.S. Senator Michael Bennet and Congressman Joe Neguse issued the following statement after the Federal Communications Commission (FCC) approved the $6.2 billion Nexstar Media-Tegna merger. FCC Chairman Brendan Carr said the agency would "waive" federal law and the national broadcast ownership cap to give the combined entity coverage of at least 60 percent of households across the country.
Currently, federal law, specifically mandated by Congress in 2004, restricts any single company from owning TV stations reaching more than 39 percent of U.S. households. Violating this rule gives greater power to corporate owners to control programming and the frami...