KGMB and KHNL/KFVE “Skirt Federal Regulations” and MERGE

Erika Engle just tweeted the following:

  1. Erika Engle

    erikaengleKGMB/KHNL/KFVE to enter shared services agreement. http://www.hsblinks.com/mq Good luck to all staffers.

…The months-in-the-making arrangement will skirt federal regulations that prohibit single ownership of three TV stations in Honolulu. KGMB is owned by MCG Capital, while both KHNL-TV and KFVE-TV are owned by Raycom Media…

Full Starbulletin article here

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