Posted 3/21/2024, 11:15:00 PM
FCC Fines Nexstar $1.2 Million, Orders Sale of New York Station for Exceeding Ownership Cap
- FCC fined Nexstar $1.2M and ordered it to sell WPIX-TV in New York for exceeding 39% national ownership cap
- Nexstar acquired control of WPIX in 2020 under a local marketing agreement with Mission Broadcasting
- FCC says Nexstar engaged in "unauthorized transfer of control" of WPIX
- Nexstar vows to "vigorously dispute" the FCC's decision
- Comcast had filed complaint over Nexstar's ownership of WPIX
