NABOB On Nexstar-Marshall Deal: Yes, But

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The National Association of Black Owned Broadcasters has asked the Federal Communications Commission to approve joint sales agreement waivers that would clear the way for Nexstar Broadcasting Group’s $58.5 million proposed sale of three Fox affiliates to minority-owned Marshall Broadcasting Group.

But in its June 18 filing at the FCC, NABOB also said the agency should require Nexstar and the newly formed MBG to answer additional questions about their proposed deal. Also, according to the filing, NABOB wants the FCC to subject approval of the deal to annual reporting requirements.

Among the additional questions that NABOB wants answered are whether the parties have a plan in place for the brokered stations to develop their own sales forces during the terms of the JSAs, and how payments to the brokering stations will affect the brokered stations.


NABOB On Nexstar-Marshall Deal: Yes, But