Tag: Tegna

"I have tremendous respect for the TEGNA brand, for the outstanding local news delivered across its 64 local television stations and hundreds of digital platforms, and for the company's dedicated employees and local journalists."

“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.

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...

“Brendan Carr's decision to rubber-stamp this deal opens the door to the most massive TV consolidation in history – and is an affront to both legal process and the rule of law.”