Home deals FCC Approves Time Warner TV Station Sale, Likely Helping AT&T Deal

FCC Approves Time Warner TV Station Sale, Likely Helping AT&T Deal

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Photo via Wiki Historian N OH on Wikimedia Commons under the Creative Commons License

Deadline Hollywood reports: “The FCC probably will be able to avoid making a judgement on AT&T’s $85 billion agreement to buy Time Warner following its approval today of the entertainment giant’s deal to sell its single TV station — Atlanta’s WPCH — to Meredith for $70 million. Regulators noted that the application to transfer the license was ‘granted’ but made no additional comment. FCC Chairman Ajit Pai has said that if AT&T’s deal with Time Warner doesn’t involve a broadcast license, then there would be no reason for his agency to step in.”

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