June 23, 2026
(NXST, SBGI, GTN, SSP, DIS, CMCSA, PSKY, FOXA) FCC 39% TV Ownership Cap: Deregulation Is Near-Term; Litigation Risk Is Medium-Term
We believe the FCC is very near to formally eliminating the 39% national television ownership cap, with the final rule now at the Office of Information and Regulatory Affairs (OIRA) within the OMB. The agency…
April 29, 2026
Disney (DIS)/FCC: License Loss Extremely Unlikely
We think it is very unlikely that Disney (DIS) will lose any of its eight FCC broadcast licenses because of the FCC’s investigation into whether Disney/ABC’s DEI programs crossed into unlawful employment discrimination. Even if…