RBR+TVBR ANALYSIS
From the C-Suite of one of the nation’s largest TV broadcasting companies to a radio broadcasting company and radio station owners in Western Colorado and Arkansas, the news that the U.S. Supreme Court will hear oral arguments in the cases involving the FCC‘s Third Circuit remand of its media ownership rule “modernization” could be the most important news they’ve received all year.
Proposed deals forged with the understanding that the rules would stand hang in the balance. Should the Supreme Court reverse the Third Circuit remand of the rule rewrite, a host of radio and TV companies could be very pleased — signaling similar deal-making that could bring new activity to media brokers.
