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The Ledger: Wall Street’s Take on the Broadcast Cap Removal
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: Send your tips and pitches to [email protected]THE DEEP DIVEBrendan Carr led the push to remove the cap on TV broadcast ownership.
(Credit: Getty Images)Wall Street’s Take on FCC’s Removal of Broadcast Ownership CapThe Federal Communication Commission removing the cap on television station ownership will unleash a flurry of deal activity, analysts say.
The FCC eliminated the rule that kept companies from owning TV stations that reach more than 39% of the country.
EARNINGS HIGHLIGHTSDisney reported higher-than-expected adjusted earnings per share for its fiscal third quarter, but revenue was below Wall Street forecasts.
Fans Are Angry About High Prices, so Artists Rolled Out $20 Concert TicketsTBPN: Silicon Valley’s Wildest Media StoryBad Bunny’s Residency Was an Economic MasterclassThe post The Ledger: Wall Street’s Take on the Broadcast Cap Removal appeared first on TheWrap.