Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email Email * SIGN UP I would like to be emailed about offers, events and updates from The Independent. He added, "I don’t want local broadcast TV to go the way of local newspapers." Carr also argued the change would empower local TV station owners to boost investment in local programming and gain leverage against national networks. In March, the FCC approved the $3.54 billion sale of local TV station owner Tegna to Nexstar, despite objections from Democratic-led states. If upheld, this acquisition will expand Nexstar's reach to cover 80% of U.S. TV households, with the FCC explicitly waiving the 39% rule.