Amid efforts by cable and satellite companies to block the deal, the Federal Communications Commission’s Media Bureau has granted approval for the merger of station groups Nexstar and Media General.
Multichannel News reports that the FCC concluded the two companies had established that the deal was in the public interest, with one key factor being access to news operations.
“Among the public interest benefits the Media Bureau included Nexstar viewers’ access to Media General’s D.C. news bureau and the establishment of state news bureaus,” the story reports. “It gave ‘minimal weight’ to cost savings and efficiencies or assertions that the deal would result in lower programming costs or more diverse programming.”
The American Cable Association, Cox and Dish had filed a petition to deny the merger, which the FCC rejected.