The first time this happened was due to de-regulation under Bill Clinton in the 90s, triggering a wave of consolidation by the "Telecommunications Act of 1996", driving many small broadcasters out of the market. [0]
The second time was shortly before the election, giving left-wing activist billionaire George Soros control over 200 stations [1] [2], in an expedited process that usually takes over a year.
It is not hard to see why they accelerated it and why they approved it at all.
The second time was shortly before the election, giving left-wing activist billionaire George Soros control over 200 stations [1] [2], in an expedited process that usually takes over a year.
It is not hard to see why they accelerated it and why they approved it at all.
[0] https://en.wikipedia.org/wiki/Telecommunications_Act_of_1996
[1] https://www.foxnews.com/media/george-soros-closer-controllin...
[2] https://oversight.house.gov/release/comer-langworthy-probe-p...