“The FCC has spent the last 18 months searching for some pretext for revoking the Stations’ licenses. The Commission has found none, because the Stations easily meet the standard for license renewal..."
If a deal is ultimately finalized, Smith could reportedly attain a “first-look” agreement for concepts that he backs across general entertainment properties at The Walt Disney Company.
“The FCC has spent the last 18 months searching for some pretext for revoking the Stations’ licenses. The Commission has found none, because the Stations easily meet the standard for license renewal..."