The FCC’s restarting its voluntary 180-day clock on Tribune’s applications...
The FCC’s restarting its voluntary 180-day clock on Tribune’s applications to transfer broadcast licenses as part of exiting bankruptcy. Now that a U.S. bankruptcy court approved the company’s fourth reorganization plan, and ordered that without further court action it takes…
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effect Monday, on that day the agency’s deal clock will resume ticking at Day 75 (http://xrl.us/bmf3e6), wrote Chief Barbara Kreisman of the Media Bureau’s Video Division in a Thursday letter to a Tribune attorney. The clock was stopped in October and set back 15 months (CD Oct 14 p13) as work by bureau staffers reviewing the deal slowed because of the delay in court approval for the emergence plan.