OAN Threatens Nexstar Merger, Backs TV Ownership Cap

OAN Threatens Nexstar Merger, Backs TV Ownership Cap

OAN Threatens Nexstar Merger, Backs TV Ownership Cap

One America News Network (OAN), the conservative and pro-Trump cable outlet, became the latest high-profile critic of the Nexstar-Tegna merger by calling for keeping TV ownership limitation caps.

The proposed $6.2 billion merger between Nexstar and Tegna would create the largest TV broadcast group in the nation controlling major stations reaching over 80% of the U.S. market — more than double the current federal limit.

Federal broadcast ownership caps currently prohibit any one television broadcasting company from reaching more than 39% of the national audience.

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