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Unions beat rapacious hedge funds in TV news takeover struggle

WASHINGTON In a landmark win against corporate greed and for community journalism, the News Guild, the Communications Workers and allies beat two rapacious hedge funds, Standard General and Apollo Global Management, which tried to devour local broadcaster Tegna and its news programs. ....

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After More Than a Year, FCC No Closer to Voting on Standard General-TEGNA Merger – Los Angeles Sentinel

More than 100 protestors lined the sidewalk in front of the Federal Communications Commission late last week to demand that agency officials vote on a prospective merger between Standard General and TEGNA that could be a game changer in minority ownership of media properties. ....

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