Pelosi Wades Into TV Merger To Aid Major Donor

• House Speaker Nancy Pelosi criticized a hedge fund’s bid to acquire numerous TV stations after her campaign received more t Han $250,000 in donations from a media mogul and major Democrat donor.
• Pelosi and New Jersey Rep. Frank Pallone sent a letter. to the Federal Communications Commission claiming Standard General’s $8.6 billion purchase of Tegna, a broadcast news company, could hurt the public.
• There are no Tegna TV stations in Pelosi’s district, but she did receive $263,400 from TV producer Byron Allen, who tried to buy Tegna last year.

Continue to Article