Ownership

Apparently, Nexstar Media Group has reached an agreement in principle to buy Tribune Media Co. for about $4.1 billion. The acquisition would add Tribune Media’s 42 stations in major markets to Nexstar’s portfolio of about 175 TV stations in cities including San Francisco, Phoenix and Tampa. It would catapult Nexstar past rival Sinclair Broadcast Group, which owns more than 170 stations, mostly in midsize and smaller markets.

Facebook executives in recent years appeared to discuss giving access to their valuable user data to some companies that bought advertising when it was struggling to launch its mobile ad business, according to internal emails quoted in newly-unredacted court filings. In an ongoing federal court case against Facebook, the plaintiffs claim that the social media giant doled out people’s data secretly and selectively in exchange for advertising purchases or other concessions, even as others were cut off, ruining their businesses.

Facebook will release an early report on an audit of civil rights on its platform by the end of 2018, according to Color of Change, an advocacy organization that demanded the move in a meeting with COO Sheryl Sandberg. The social network hasn’t yet fulfilled any of the other requests made by the group, called Color Of Change, which has asked Facebook to: fire its top policy executive, a former Republican staffer, release data on voter suppression attempts on Facebook products, and release opposition research that a right-leaning consulting firm produced trying to link the civil rights group

Remember when futurists told us that the internet would result in the “death of distance”? That prophecy has fallen short, as cities remain hubs for commerce and community. The growing geographic consequences of digital technologies puts new demands on decision makers at all levels of government. Bolstering their levels of expertise on these issues is clearly needed and each of the local policy issues raised above would benefit from additional analytical scrutiny.

House Majority Leader Kevin McCarthy (R-CA) has called an upcoming House Judiciary Committee hearing with Google CEO Sundar Pichai an important “step to restoring public trust in Google & all the companies that shape the Internet.” But the prospect of Republican lawmakers using the appearance to air allegations of bias against tech companies is giving Democratic leaders pause.

In the face of that toxic content’s intractability and the futility of the tech giants’ attempts to deal with it, it’s become a mainstream belief in Washington, DC–and a growing realization in Silicon Valley–that it’s no longer a question of whether to, but how to, regulate companies like Google, Twitter, and Facebook to hold them accountable for the content on their platforms. One of the most likely ways for Congress to do that would be to revise Section 230 of the Telecommunications Act of 1996.

The Communications Workers of America (CWA) and Writers Guild of America West (WGAW) have joined with Consumer Reports, Common Cause and others to call for House hearings on the proposed T-Mobile-Sprint merger in the next Congress. In letters to likely new House Commerce Committee Chairman Frank Pallone (D-NJ) and likely new House Judiciary Committee Chairman Jerrold Nadler (D-NY), the groups said that hearings in their respective committees would be an "excellent" first step toward the incoming Democratic Reps vision of stronger antitrust enforcement (something Rep Nadler has pushed for),

Over the last few years, Luarene Powell Jobs, an activist, investor and entrepreneur, has been investing in media companies through her social impact firm, Emerson Collective. Buying up a range of unusual properties, she seems to be making an effort to turbocharge storytelling in this fractured digital age. It’s an interesting experiment to watch, because the investments include a panoply of the cool, hip and fresh in a mostly glum content industry.