The merger of these two competing companies would likely have meant more job loss since both companies have a track record of offshoring U.S. jobs. Had the merger gone forward, the two companies likely would have bragged about new synergies that would enable them to cut even more U.S. jobs.
In comments filed today, the Communications Workers of America called on the Federal Communications Commission immediately to direct broadcasters to disclose all radio and television shared service agreements (SSAs) and to rule that all sharing agreements create attributable ownership interests that must be counted in evaluating compliance with the FCC?s local broadcast ownership limits.