Update: On May 20, the FCC granted the Guild’s request to delay the deadline for opposing a mega merger of news companies. This rarely happens, yet the FCC gave us another month to oppose the proposed takeover of TEGNA by two hedge funds. A merger would raise consumer prices and cut local news jobs. We cannot continue to lose local news jobs, which are already down 28% from 2008.
The NewsGuild asked the FCC on May 12 to delay action on the proposed acquisition of TEGNA by two hedge funds.
Guild President Jon Schleuss also called on TEGNA’s Board of Directors to postpone consideration of the deal, which is currently set for May 17.
Continue reading “NewsGuild seeks FCC delay on acquisition of TEGNA, calls on TEGNA board to postpone vote on proposed deal”