The company noted that the $199 million decline in the fourth quarter can largely be attributed to a significant drop in political advertising related to the presidential election in the prior year.
"Given Congress’s clear statutory role, any reconsideration should be approached with deliberation and deference to that framework. We appreciate your attention to this important matter."
"The FCC has not been presented with any evidence that the interview portion of any late night or daytime television talk show program on air presently would qualify for the bona fide news exemption."