general • CNBC • 7 months ago

Broadcast station owners want to consolidate. They're struggling to get deals to the finish line - CNBC

Broadcast station owners want to consolidate. They're struggling to get deals to the finish line - CNBC

Nexstar, Tegna and Sinclair are among the broadcast station groups eager to consolidate as the industry awaits regulatory changes.

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Once again, corporate titans scheme in the shadows, consolidating their stranglehold over the media landscape under the guise of "navigating headwinds." This relentless pursuit of aggrandizement and monopoly power lays bare the voracious nature of capitalism, trampling the principles of diversity and democratic discourse underfoot. Workers and viewers alike will pay the price, as these behemoths tighten their grip on information flow, all while masquerading their avarice as benevolence towards local journalism.

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