Broadcasting & Cable: Groups Say Tegna Deal Will 'Jack Up' Cable Prices
Common Cause, news and broadcast unions and UCC Media Justice, Which petitioned the FCC to deny the Standard General-Tegna merger, told the FCC Tuesday (Aug. 2) just what it thought of the those merging parties' defense of the deal, including that the petitioners had no legal right to challenge it.
In their comments, the groups minced no words. "The Applicants and their anonymous funders located in the Cayman and British Virgin Islands have proposed a complex series of transactions designed to weaken local journalism and jack up cable subscriber fees," they said. "Grant of their pending applications will do nothing to create a more accurate, diverse or independent media."