The National Association of Broadcasters is challenging the FCC's presumption against transactions involving shared-service agreements. On Monday, the trade association filed a petition at the U.S. Court of Appeals for the D.C. Circuit.
Known by industry insiders as "sidecar" pacts, shared-service agreements have been criticized as allowing media companies to skirt around regulatory rules set up to limit companies from owning more than one TV station in a local market.
hollywoodreporter.com
Known by industry insiders as "sidecar" pacts, shared-service agreements have been criticized as allowing media companies to skirt around regulatory rules set up to limit companies from owning more than one TV station in a local market.
hollywoodreporter.com