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Stock impact report

FCC's Carr Threatens TV Broadcast Licenses Over News Coverage [Yahoo! Finance Canada]

Nexstar Media Group, Inc. (NXST) 
Last nexstar media group, inc. earnings: 2/26 07:04 am Check Earnings Report
“Broadcasters that are running hoaxes and news distortions — also known as the fake news — have a chance now to correct course before their license renewals come up,” Carr said in a social media post Saturday. “The law is clear. Broadcasters must operate in the public interest, and they will lose their licenses if they do not.” Most Read from Bloomberg Two LPG Ships Sail Through Hormuz to Shortage-Hit India Mamdani Wants New York Estate Tax Threshold Cut 90% to $750,000 US Army Awards Anduril Contract Worth as Much as $20 billion ‘Lose $1 Million in 2 Seconds': Market Chaos Rocks Trading Desks Venezuela Officials in Talks to Send Detained Maduro Ally to US Carr posted his warning on top of a post from President Donald Trump complaining about coverage of the US-Israeli strikes on Iran. Defense Secretary Pete Hegseth has also criticized news outlets for war coverage that he said “makes the president look bad.” It's Carr's latest threat against television broadcasters af Show less Read more
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