Tag: local news

The Federal Communications Commission has repealed the rule preventing a single broadcaster from reaching more than 39% of U.S. TV households. The 2-1 vote replaces a fixed national ceiling with case-by-case public-interest review, removing one of the clearest barriers to…

Nexstar closed its Tegna acquisition, creating a broadcast giant reaching ~80% of U.S. TV households and significantly increasing leverage in distribution, advertising, and local news. The deal matters because FCC waivers effectively loosen ownership caps, paving the way for more…

Nexstar and Tegna's proposed merger has sparked coordinated opposition from state attorneys general and DirecTV, who argue the deal would concentrate too much power over local broadcast stations, advertising, and retransmission negotiations. The fight centers on whether bigger station groups…

In a strategic move to push for a potential merger, Sinclair Broadcast Group revealed that it has taken roughly an 8% stake in E.W. Scripps. The disclosure hit Monday, and the market went into full popcorn mode. Scripps shares spiked…

Nexstar is acquiring Tegna in a $6.2 billion all-cash transaction that will expand its station portfolio to 265 and cover 80 percent of U.S. television households. The deal is designed to boost scale, grow political advertising revenue, and leverage a…