Texas Border Business
By Roberto Hugo Gonzalez
Senator Ted Cruz and Representative Cathy McMorris Rodgers have sent a letter to Federal Communications Commission (FCC) Chair Jessica Rosenworcel asking for explanations regarding the FCC’s decision that blocked the Standard General-TEGNA transaction. The lawmakers criticized the FCC’s decision to refer the transaction to an Administrative Law Judge (ALJ) hearing without a commission-level vote. The lawmakers also raised concerns that outside interests may have played a role in the FCC’s decision to block the transaction, suggesting that the well-connected Democratic donor, Byron Allen, may benefit from the transaction’s cancellation. The lawmakers requested details on previous Hearing Designation Orders involving similar matters and the FCC’s handling of the Standard General-TEGNA transaction.
What is TEGNA? TEGNA Inc. is a publicly traded American media company that operates television stations and digital media properties in various US markets. It is headquartered in Tysons, Virginia. TEGNA’s television stations reach approximately 39% of US households, and its digital media properties receive more than 50 million unique visitors per month.