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Did Trump Just Kill Broadcast Consolidation?

President Trump indicated on social media that he opposes any FCC rule change that would allow broadcast networks he does not like to get bigger, raising the question of whether Trump wants Carr to stop efforts to raise broadcast ownership caps or block any deal that exceeds the current limits. In this note we analyze the implications of Trump’s words and how it changes, and does not change, the state of play with broadcast consolidation.
Provider
New Street Research
New Street Research

Provided by our team of experienced analysts, our work is idea driven, based on independence of thought, sector expertise, and firmly focussed on fundamentals and valuation.

New Street Research is an independent, partner-owned, research firm specialising in equity and debt research. Our equity research embraces the following sectors:

  • Pan European Telecom Services and Cable
  • US Telecoms, Cable, Satellite and Towers
  • Global Emerging Market Telecoms
  • Japan Telecoms
  • Asian Internet
  • Pan European Healthcare
  • Global healthcare thematic research

We provide debt research on:

  • Pan European Telecom Services and Cable


Analysts
Blair Levin

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