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Federal judge blocks $6B Nexstar-Tegna TV merger
A federal judge blocked the $6 billion Nexstar-Tegna merger pending an antitrust lawsuit, citing concerns over competition and local journalism impact.
FCC approves $3.5B sale of Tegna to Nexstar despite state objections
The FCC approved Nexstar's $3.54 billion acquisition of Tegna, expanding its reach to 80% of U.S. TV households despite objections from Democratic-led states and lawsuits.
Eight states, DirectTV sue to block Nexstar’s plan to acquire rival Tegna
Eight states and DirecTV filed lawsuits to block Nexstar's $3.54 billion acquisition of Tegna, citing concerns over reduced competition and higher pay-TV prices.
Broadcast giant Sinclair makes bid to buy out EW Scripps for $7 per share
Sinclair has made a $7-per-share offer to buy E.W. Scripps, a move that could reshape local TV news as consolidation accelerates across the broadcasting industry.
Democrats tie $6B Nexstar-Tegna deal to Jimmy Kimmel’s suspension
Congressional Democrats, including U.S. Sen. Tim Kaine, are tying ABC late night host Jimmy Kimmel's indefinite suspension on Wednesday to the $6.2 billion Nexstar-Tegna acquisition.
Nexstar Media Group buying Tegna in deal worth $6.2 billion
Nexstar Media Group is buying Tysons-based broadcast rival Tegna for $6.2 billion, which will help strengthen its local news offerings. The transaction, if approved, will bring together two major players in U.S. television and the country’s local news landscape. Nexstar oversees more than 200 owned and partner stations in 116 markets nationwide today and also […]
Media 2023: DOUG DAVIS
Davis brought with him more than a quarter-century of experience in the Virginia broadcast world when he stepped into the role of senior vice president and regional manager of Nexstar Media Group in 2017. His first broadcasting job in the region was at WVEC-TV, followed by stints as local sales manager of Norfolk’s WAVY-TV 10, […]
