Lenders make pitch to FCC to loosen media ownership rules
Lenders made a pitch to the FCC Tuesday Jan. 12 to loosen media ownership rules, saying that it was just about the only way to make broadcasters more attractive to the capital they will need to be competitive in the marketplace.
ESPN Inc., announced Tuesday that it has reached an agreement in principle to sell BASS, LLC to a group of investors led by Don Logan, Jerry McKinnis and Jim Copeland.