Media Executives See More Deals, Less Regulation Under Trump

FCC Chair Brendan Carr said the agency will vote to eliminate the national television ownership cap, allowing the FCC to approve transactions that exceed the current 39 percent audience reach limit.

The transaction adds nearly 200 miles of conduit and dark fiber assets to SummitIG’s existing network of more than 1,100 miles in Virginia, while extending its footprint by nearly 60 miles into Maryland.

The alternative asset industry’s long-standing bargain — higher yields in exchange for opacity and illiquidity — is being dismantled piece by piece, and the firms moving fastest to replace it may define the next decade of the private market.