Nexstar Faces $1.2M Fine For 'De Facto' Control Of NY Station

By Christopher Cole (March 22, 2024, 9:34 PM EDT) -- The Federal Communications Commission has floated a $1.2 million fine against TV giant Nexstar Media Group Inc. after discovering it obtained "de facto" control of a New York City station and exceeded the FCC's 39% national ownership cap....

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