Article in LA Times by By Stephen Battaglio, 11/21/24
Headline: “How Trump’s FCC chief pick could make life more difficult for media companies”
“President-elect Trump’s nomination of Brendan Carr as the next chairman of the Federal Communications Commission is bringing both hope and fear to the media industry.
“For media executives, the hope comes in the promise of industry consolidation.
“Companies such as Fox Television Stations, Nexstar Media Group, Tegna and Gray Media are eager to buy more TV stations to better compete against deep-pocketed tech firms that are aggressively pursuing viewers and ad dollars. Carr is expected to support revisiting the rule on ownership of TV stations. Brendan Carr answers questions during a hearing.”
“. . . Big media companies are bracing for the possibility that he will do Trump’s bidding when the president-elect threatens retribution against media outlets that are unfriendly to him.”