John Fuller has successfully closed on his company's acquisition of an AM/FM combo and an FM translator licensed to New Bedford, Mass., that largely serves the Providence, R.I., market to the immediate west. The seller is Hall Communications.
The founder and Chairman/CEO of Nexstar Media Group, which celebrates its 30th anniversary this year as the nation's biggest single owner of broadcast TV stations, has snapped up nearly 12,500 Class A shares in the company. It's an investment of nearly $2 million, and comes at a high-profile time for Perry Sook.
David Hoffman and his HF Companies have suddenly captured the eyes and ears of the broadcast media world, as it has struck a historic deal with Audacy Inc. that gives Hoffman ownership of six audio brands in the Gateway City. He is also bringing back the cluster's former leader to run the stations for him.
Anna Gómez has spoken up in response to the Supreme Court decision released Monday that upends 90 years of legal precedent by allowing a president to dismiss an agency Commissioner such as herself. “This decision puts at risk how Congress intended independent agencies to function in American democracy," she says.
The U.S. Supreme Court rejected the government's "halfhearted contention" that Fed board member Lisa Cook "in fact received due process" when purportedly fired by the president. At the same time, the Supreme Court reversed and remanded a case involving former FTC Commissioners — a warning for the FCC's Anna Gomez.