Joe Flint

72.3K posts

Joe Flint banner
Joe Flint

Joe Flint

@JBFlint

WSJ media reporter. Contrarian. Curmudgeon. Provocateur. "Sleep is for fools who never see the sun rise." A lifeboat in a sea of turds. Open DM: DON'T ABUSE IT.

Los Angeles Katılım Ocak 2009
1.6K Takip Edilen28.3K Takipçiler
Joe Flint
Joe Flint@JBFlint·
I often have brain you-know-whats! I meant NexSTAR and Tegna in a previous post about the TRO. Here is the post again: From TRO -- what NexSTAR can do over next week w Tegna: The TRO (paragraphs 1, 2, 4, 5, 9, and 10) shall allow Nexstar to undertake ordinary course cash management, ordinary-course intercompany transfers, and ordinary-course debt service and repayment activities necessary to comply with Nexstar’s financing obligation, including refinancing activities, security perfection, and guaranty, provided that Nexstar does not use this provision as a pretext to undermine TEGNA’s viability as a going concern; 2. The TRO (paragraphs 1, 2, 3, 4, and 5) shall allow Nexstar to take reasonable actions necessary to maintain TEGNA’s day-to-day operations, including authorizing routine financial transactions such as wire transfers for ordinary course payments, without violating the TRO’s prohibition on “influence”; 3. The TRO (paragraphs 1, 2, 3, 4, and 5) shall allow Nexstar to take actions necessary to establish a functional governance structure for TEGNA, including appointing or reappointing officers, to the extent necessary to permit TEGNA to fulfill the TRO. It shall not be considered “influence” for Nexstar to provide and implement Sarbanes-Oxley requirements, including setting thresholds for contract approval, expenditure
English
0
0
4
1.2K
Joe Flint retweetledi
Matthew Belloni
Matthew Belloni@MattBelloni·
News: Disney and Bob Iger are engaged in a quiet war on an upcoming book that promises to reveal a VERY non-Disney version of its former CEO, and they’ve enlisted an infamous lawyer to bully the author. Details ⬇️⬇️ puck.news/bob-iger-biogr…
English
17
106
642
123K
Joe Flint
Joe Flint@JBFlint·
Judge extends TRO in Nexstar-Tegna vs DirecTV & several states battle, including California. Preliminary injunction had been anticipated today but judge still working on compliance issues for companies.
English
0
1
3
1.3K
Joe Flint retweetledi
Jessica Toonkel
Jessica Toonkel@jtoonkel·
SCOOP: The Justice Department has opened an investigation into whether the NFL has engaged in anticompetitive tactics that harm consumers, according to people familiar with the situation w/@DanaMattioli wsj.com/sports/footbal… via @WSJ
English
2
9
13
7.5K
Joe Flint
Joe Flint@JBFlint·
Update: Paramount says its investigation into Jeff Shell did not establish a securities law violation." Nonetheless, Shell is resigning from as president and board member. wsj.com/business/media… via @WSJ
English
3
4
8
1.7K
Joe Flint
Joe Flint@JBFlint·
I don’t want to say the Euphoria premiere is running late but it is starting to make Axl Rose seem punctual.
English
0
1
3
1.2K
Joe Flint
Joe Flint@JBFlint·
@nick_nopper I’m not the one going down the noon rabbit hole. And those folks aren’t being serious
English
0
1
1
1.5K
nick nopper
nick nopper@nick_nopper·
@JBFlint Why would they change it fox has had for almost 10 years and it’s always been an 8 o’clock game
English
1
1
0
1.6K
Joe Flint
Joe Flint@JBFlint·
Fox is near a deal to acquire the rights to the 2026 Big Ten championship game from NBC for between $45 million and $55 million. NBC had subleased the game from Fox and is now essentially selling it back.
English
25
129
562
215.5K
BobbyMeans
BobbyMeans@bmeans628·
@JBFlint Don't they already have the Big Ten title game?
English
1
0
0
518
Joe Flint
Joe Flint@JBFlint·
UPDATE: As part of Fox's expected deal to acquire the rights to the 2026 Big Ten championship game from NBC for between $45 million and $55 million, NBC will get an additional regular-season game.
English
8
39
126
64.8K
Joe Flint
Joe Flint@JBFlint·
Judge in Nexstar V DirecTV and several states, including California says he is taking the plaintiffs' request for a preliminary injunction on the merger w Tegna under submission with written order to follow.
English
0
7
13
3K
Joe Flint
Joe Flint@JBFlint·
Nexstar asks to put that $150 million bond it wants from DirecTV and the states for TRO, slowing their merger combo with Tegna under seal, but toothpaste is already out of the tube.
English
0
2
12
5.7K
Joe Flint
Joe Flint@JBFlint·
Revealed in hearing -- Nexstar seeking $150 million from DirecTV and states seeking to halt the Tegna deal. That amount had been under seal, Nexstar lawyer says, and now it's out there. Oops.
English
1
7
21
6.6K