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CA AB611
Bill
Status
5/8/2025
Primary Sponsor
Alex Lee
Click for details
AI Summary
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Requires legacy local news organizations to provide at least 120 days notice before finalizing any sale or ownership transfer transaction
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Legacy local news organizations are defined as those operating for 10+ years that publish print content at least 24 times annually or digital content weekly in 48 of 52 weeks; excludes FCC-licensed TV and radio stations
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Notice must be provided directly to employees in writing, published to subscribers in each print edition during the 120-day period, and published for three consecutive weeks in an adjudicated newspaper in the county
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Notice must include the owner's statement of intent to sell, the proposed buyer's name, expected sale date if known, and confirmation of compliance with the law
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Exempts transactions where the legacy local news organization would remain independently owned (not publicly traded, not owned by private equity/hedge funds, and not a subsidiary)
Legislative Description
Legacy local news organizations: notice of sale.
Last Action
In committee: Set, first hearing. Hearing canceled at the request of author.
6/26/2025