News

Nexstar CEO praises Trump administration as local TV giant announces $6.2 billion merger with rival

Nexstar CEO praises Trump administration as local TV giant announces $6.2 billion merger with rival - ‘The initiatives being ...

Parent company of ABC27, WTAJ and WBRE agrees to buy media group in $6.2B deal

Nexstar Media Group, the owner of ABC27, plans to purchase Tegna, the owner of FOX43. Nexstar announced on Tuesday that it plans to acquire all outstanding shares of Tegna for $22 per share in a cash ...

Tegna, Nexstar merger would put 3 Indy news stations under 1 company

Nexstar Media Group, which owns and operates WTTV (CBS 4) and WXIN (FOX 59), announced on Aug. 19 that it had entered into an ...

Nexstar's Tegna Acquisition May Be Appealing, If FCC Allows It

Today we’re going to be looking at the largest such local TV station owner/operator in the United States, Nexstar Media Group ...

Broadcast TV merger could spell layoffs, programming changes for 9News and Fox31

NBC affiliate 9News draws the most viewers to its daily newscasts, followed by KDVR (Fox), KCNC (CBS), KMGH (ABC) and KWGN ...

A $6 bln broadcast tie-up adjusts the M&A picture

TV group Nexstar is buying rival Tegna, touting vast reach and hefty consolidation. The ordinary snag would be that this well ...
The Poynter Institute for Media Studies1d

Nexstar’s takeover of Tegna would require an overhaul of FCC ownership rules

Nexstar says its $6.2 billion takeover of Tegna is expected to close in the second half of 2026 — timing that would align ...

Nexstar's $3.5B Power Grab: The Local TV Takeover That Could Rewrite Broadcast History

A blockbuster deal, a fallen rival, and a shot at dominating 80% of American screens--if regulators don't blink.