Nexstar, Tegna merger closes
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Nexstar Media Group is buying 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.
The media world is no stranger to mergers and acquisitions in recent years as companies all over hte spectrum look to pool their resources in trying to navigate a rapidly changing landscape. And now it’s hitting on the local level with Nexstar acquiring ...
IRVING, Texas and TYSONS, Virginia (Aug. 19, 2025) – Nexstar Media Group, Inc. (Nasdaq: NXST) (“Nexstar”) and TEGNA Inc. (NYSE: TEGNA) (“TEGNA”) announced ...
In mid-June 2025, the MVPD formerly known as Cincinnati Bell took its retransmission consent battle against the nation’s largest owner of broadcast TV stations to the FCC. Now, the Commission has spoken, ruling against altafiber by saying Nexstar ...
Watch CNBC's full interview with Nexstar chairman and CEO Perry Sook Nexstar Media has agreed to buy smaller rival Tegna for $3.54 billion, creating a local-TV powerhouse that seeks to compete better with Big Tech and national media for advertising dollars.
Nexstar had been in talks with smaller rival Tegna to merge its local TV stations amid the continuing consolidation of the U.S. broadcast sector. By Etan Vlessing Canada Bureau Chief Leading local TV station owner Nexstar Media Group and smaller rival ...
Television broadcaster Nexstar Media Group, which owns WBRE and operates WYOU, the Wilkes-Barre/Scranton affiliates of NBC and CBS, is in advanced talks to acquire rival Tegna, the owner of WNEP, the local ABC affiliate, according to a Wall Street Journal ...