Tag: Nexstar Media Group

“Next month marks the thirtieth anniversary of Nexstar’s founding - a journey that began with a single station in Scranton, Pennsylvania. While the media landscape has shifted dramatically since then, my conviction that local journalism is vital to democracy remains unchanged."

"This is not controversial stuff — this merger is illegal and will give Nexstar and TEGNA the ability to control and raise prices, fire journalists, and dominate the media landscape.”

“Make no mistake about it. There are many companies in both television and radio that are financially struggling right now.”

The Friday ruling does not undo the acquisition. However, it does stop Nexstar from operating TEGNA's stations.

I've always thought it was brilliant for ESPN to license its brand to local radio stations. This is an even bigger, and perhaps smarter, play for Nexstar.

“Serving local communities is central to Nexstar’s mission, and we are honored to play a role in informing the electorate and supporting the democratic process.”

Nexstar Media Group CEO Perry Sook previously told company employees that he believes NewsNation will ultimately become the "exclusive wire service and national news partner" for all of its local news operations.

"The senators are demanding a response from Carr by April 13th."

"Although you have indicated that a full Commission vote may still occur, the Commission has already approved the transaction on delegated authority, effectively determining the outcome."

A federal judge has temporarily halted the merger between Nexstar Media Group and TEGNA, throwing the $6.2 billion broadcast deal into uncertainty just days...