Results for: OPTIMUM DEAL
Federal judge delays order on injunction in Nexstar-TEGNA merger lawsuit
A federal judge delayed ruling on an injunction in the Nexstar-TEGNA case after hearing arguments from both sides.
FIRST ON THE DESK
Nexstar to operate TEGNA as subsidiary business while lawsuits proceed
The move will allow Nexstar to spin-out TEGNA if lawsuits are successful; on Monday, Newsmax and several broadband groups filed a request for a preliminary injunction.
FIRST ON THE DESK
States seek court restraining order to block Nexstar-TEGNA merger
Officials argue the merger violates antitrust laws and prioritizes corporate interests over consumers.
FIRST ON THE DESK
Nexstar says it closes TEGNA acquisition, despite lawsuits
Nexstar Media Group on Thursday said it closed on its $6 billion acquisition of peer broadcaster TEGNA, despite two federal lawsuits that were recently filed meant to prevent the transaction from moving forward.
California, other states sue to block Nexstar-TEGNA merger
The attorneys general of California and eight other states have filed a federal lawsuit seeking to block Nexstar Media Group's proposed $6 billion acquisition of peer broadcaster TEGNA.
Opponents of Nexstar-TEGNA merger accuse CEO of “doublespeak”
Two organization said Nexstar CEO Perry Sook’s comments to investors contradict claims made to regulators about market challenges and economic studies.
FIRST ON THE DESK
Nexstar stations could be pulled from Verizon Fios on Friday
Verizon is warning of a possible dispute that could leave its 2.6 million customers without Nexstar-owned channels on Friday.
FIRST TO REPORT
Spectrum News expands on Comcast’s Xfinity TV
TV subscribers in New York, New Jersey, Florida, California and other states have expanded access to regional Spectrum News channels.
Newsmax CEO urges FCC to preserve national TV ownership cap
Christopher Ruddy urged the FCC to keep the national TV ownership cap, warning that lifting it would harm local journalism and let major networks dominate more TV markets.
Bango Chief Marketing Officer Anil Malhotra to take new role
Malhotra and Frank Bury will not seek re-election to Bango's Board of Directors at the end of the month, the company affirmed.
EXECUTIVE MOVES
Charter, Altice U.S. ending regional news pact
Optimum customers will lose access to Spectrum News, while Spectrum customers will no longer have News 12.
New York wants per-channel pay TV agreements
State lawmakers have introduced a measure that, if signed into law, would require broadcasters and cable network programmers to negotiate carriage with cable and satellite platforms on a per-channel basis.