I don't think so. When I was working at Viacom they wanted us to support them when CBS was merging and would require a special exemption from the single ownership in cities to multi-station ownership.
While I disagreed with their position since I believe that free press requires more than one owner/operator, CBS would in effect control the two major AM news stations and 1 major broadcast and a minor local broadcast.
Just because you think that it would be news, if you're talking about the newscarrier being news, more than likely it won't be news. Birds of a feather and all that rot.
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