Business RegulationByron Allen station trading Tegna-Standard General merger

Byron Allen Reportedly Courting Democrats To Derail Tegna Buyout

Jan 26, 2023 | Josh Kosman | Add comment

Media mogul Byron Allen appears to be courting major Democratic politicians once again as he attempts to stop hedge fund Standard General’s $8.6 billion acquisition of TV station giant Tegna, according to a prominent Beltway research firm. Last Friday he hosted an event at his Los Angeles home for House Minority Leader Hakeem Jefferies (D-N.Y.) and Minority Whip Katherine Clark (D-Mass.) with guests that also included Nancy Pelosi.

This article was originally posted on nypost.com

Business RegulationByron Allen station trading Tegna-Standard General merger

Starboard Files Proposal At News Corp., Seeks To Break Murdoch’s Grip

Hedge fund Starboard Value has filed a shareholder resolution to do away with the dual-class shares that allow Rupert Murdoch to control the publisher of the Wall Street Journal, according to people familiar with the matter.

CLOSING BELL

Dow Drops 410, Nasdaq Loses 437, S&P Falls 95

Wall Street fell sharply Friday to close its worst week in nearly 18 months.

Fubo Launches ‘Triple Play’ Home-Screen Ad Format

When a subscriber logs onto Fubo, they see an interactive home screen. With the Triple Play module, the advertiser gets a branded banner, a custom content carousel showcasing curated live and …

YouTube Pulls Tenet Media Channel After U.S. Claims It’s A Russia-Funded Op

The right-wing political channel on YouTube is terminated after a U.S. indictment uncovers evidence it’s a Russian government project intended to influence the American public.

Pocket.Watch Selects Veritone As AI Partner

Veritone, which builds human-centered enterprise AI solutions, says that Pocket.Watch, a kids’ entertainment studio that creates global franchises from YouTube stars, has selected Veritone as …

Watch For Legal Issues If Using AI To Develop Broadcast Programming

Using AI to provide compelling local content to distinguish a broadcaster from its digital competition promises to help broadcasters maintain the relationships they need to survive …

Paramount’s Redstone To Reap $180 Million In Severance, Benefits

Shari Redstone, chair of Paramount Global, will get $180 million in severance and other benefits on top of hundreds of millions from the sale of her stock to a group led by …

Dentsu Unveils Post-GARM Ad Coalition, Backs Credible News Media

YouTube Develops Tool To Allow Creators To Detect AI-Generated Content Using Their Likeness

New Plan to ‘Revitalize’ CBS Revealed In Filing By Skydance & Paramount

Nevada High Court Ends Casino Mogul Steve Wynn’s Defamation Suit Against The Associated Press

Local TV Strategies Keynote: Blueprints For A New Local TV News

Sean McLaughlin, VP of news at Graham Media Group, challenges local TV news’ sacred cows and calls for a radical industry overhaul in the keynote interview for TVNewsCheck’s Local TV Strategies. He’ll explain how rethinking news can reboot relevancy, …

CLOSING BELL

Byron Allen Reportedly Courting Democrats To Derail Tegna Buyout

Reader Interactions

Leave a Reply Cancel reply