The Federal Communications Commission has determined that local TV giant Nexstar Media Group‘s takeover of WPIX-TV in New York in 2020 violated federal limits on station ownership.
In a ruling issued Thursday, the regulatory agency ordered Mission Broadcasting, Nexstar’s partner in WPIX, to sell the station.
Failing that, Nexstar could put the station under its umbrella and then shed other stations in its portfolio in order to remain under the ownership cap.
The FCC also fined the company $1.2 million. Nexstar responded by vowing to “vigorously” dispute the decision. WPIX, which went on the air in 1948, has been a fixture in New York media and became an affiliate of The CW in 2006.
Read more on deadline.com
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