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Broadcasting & Cable
Broadcasting & Cable
Business
John Eggerton

Standard General’s Soo Kim: FCC Hearing Designation Is Tegna Deal ‘Kill Shot’

Soo Kim FCC Standard General Tegna ALJ
Soo Kim Standard General

Soo Kim, managing partner of Standard General, took to the online op-ed pages of Newsweek to accuse the Federal Communications Commission of an “unaccountable power grab.”

Kim was referring to the decision by the FCC’s Media Bureau to designate Standard General’s $8.6 billion deal to purchase Tegna TV stations and other assets to an FCC administrative law judge, a move that traditionally has resulted in such deals being abandoned.

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