Deals Could Follow UHF Discount Rulemaking, Oxenford Says
Restoring the UHF discount could lead to a wave of deals, said Wilkinson Barker broadcast attorney David Oxenford in a blog post Friday. The draft UHF discount order announced Thursday (see 1703300066) “will likely have an immediate impact on the…
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market for the purchase and sale of television stations” if approved, Oxenford said. “There is much appetite for broadcast groups to grow larger to compete with other video providers that have nationwide reach.” Oxenford expects public interest groups to appeal any decision to restore the discount: “That position would be opposed by broadcasters who favor the discount and believe that it is necessary to let them compete.”