Last night, while most of America slept, the Federal Communications Commission approved the $6.2 billion merger of Nexstar Media Group and Tegna. The deal closed. It is done. A single company now controls 265 television stations across 44 states and the District of Columbia. One company. 80% of American households. ... Gone. Not gone in the sense that the stations disappeared. Gone in the sense that the independence is over.
The bombs may be falling on Tehran. But the economic shockwaves are landing everywhere: at the gas pump, the grocery store, and on family farms from Missouri to Mumbai.
