"Nexstar Faces $1.2M FCC Fine and Potential Loss of WPIX-TV Control in New York"

The FCC has fined Nexstar Media Group $1.2 million and ordered the sale of WPIX-TV in New York due to the company's violation of federal limits on station ownership. Nexstar, which acquired control of The CW in 2022, could potentially lose control of WPIX-TV if it fails to comply with the ownership cap. The company has vowed to vigorously dispute the ruling, arguing that it has always complied with FCC regulations and that joint operating and local marketing agreements are crucial for maintaining a competitive media marketplace. FCC Chairwoman Jessica Rosenworcel emphasized the agency's responsibility to enforce ownership regulations, while Republican commissioner Brendan Carr expressed concerns about undermining reasonable reliance on prior FCC decisions.