Tag: TV Business

“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."

"Each segment of our business is demonstrably more nimble and better positioned for future success than when Warner Bros. Discovery was formed."

"He was and always will be the presiding spirit of CNN."

"Our creative and operational momentum drove strong quarterly results, and we continue to expect growth to accelerate in the second half of the fiscal year.”

"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.”

It's a rare case when press people become subject, storyteller, and potential victims at once. But it shouldn't be the case.

Those licenses were not up for renewal until 2028.

While shareholders voted "overwhelmingly" to approve the deal on Thursday morning, they did not approve the executive compensation package.

“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.