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Nexstar had been in talks with smaller rival Tegna to merge its local TV stations amid the continuing consolidation of the ...
Within San Antonio, TEGNA oversees operations of KENS 5, while Nexstar doesn't have a dedicated station covering the Alamo ...
Nexstar’s takeover of Tegna, enabled by Trump-era deregulation, positions the company to reach 80% of U.S. households ...
The heaviest weight on the market was Nvidia, whose chips are powering much of the move into AI. It sank 3.5%.
Nexstar Media Group has entered into an agreement to acquire Tegna, pending regulatory approval, which will result in Nexstar ...
About a week after Hunt Valley-based Sinclair Inc. said it will consider buying or selling TV stations as broadcast deals heat up, a $6.2 billion deal between two rivals could set off an industry ...
The deal will give the former 265 television stations in 44 states and D.C., representing 80% of U.S. television households ...
Retransmission revenue has grown rapidly over the past decade and will remain an important revenue source for Nexstar, but we expect the steady decline in pay TV customers to limit growth. Also, the ...
Tegna Inc. has been acquired by Nexstar Media Group for $6.2 billion. Oregon Man Accused of Operating One of Most Powerful ...
Nexstar Media, owner of Fox 40 (KTXL), announced Monday it plans to acquire Tegna, the parent company of ABC 10 (KXTV), in a $6.2 billion cash deal that includes Tegna’s outstanding debt.
Wall Street is edging further from its records. NEW YORK (AP) — Wall Street is edging lower on Tuesday following drops for ...
The planned $6.2 billion acquisition of Tegna by Nexstar Media Group would create the largest TV station operator in the nation's history and could reshape the local media landscape in New Orleans.