Bobby Caldwell Buys A Little Rock Rimshot


On Sept. 17, 2019, East Arkansas Broadcasters (EAB) — the radio broadcasting company owned by Bobby Caldwell — agreed to a transaction that would bring a local newspaper back to life.

There’s just one problem: His plan to purchase the Stuttgart Daily Leader in Stuttgart, Ark., and resume daily print publications at present runs afoul of media cross-ownership rules that the FCC rewrote, but were remanded by the Third Circuit federal court of appeals.

With the Supreme Court considering whether to uphold or toss the Third Circuit decision, Caldwell has moved forward with another deal — one that doesn’t involve cross-media concerns.

Please Login to view this premium content. (Not a member? Join Today!)