Nexstar Media Group
Nexstar Media Group ($NXST) is one of the biggest operators of local broadcast television stations in the United States. In addition to more than 160 local stations, Nexstar Media Group operates NewsNation (formerly WGN America), LIN Digital, Zap2It and Antenna TV. The company shares ownership of the Food Network and Cooking Channel with Discovery Networks. Nexstar is based in Irving, Texas.
NewsNation launches new Chicago studio as part of podcast push
NewsNation is expanding its digital-first offerings with the launch of several new shows, plus the development of a digital-first studio in Chicago.
TEGNA hires Patrick Paolini to serve as CEO while legal battle over Nexstar deal continues
Paolini joins TEGNA and Nexstar from Fox Television Stations, where he served in various advertising and operational roles.
Judge postpones settlement conference in Nexstar defamation lawsuit
A federal judge postponed a pre-trial conference scheduled for mid-July after one of the parties suing Nexstar expressed a desire to go on vacation.
Nexstar asks appeals court to ease burden of legal injunction over TEGNA deal
Nexstar argues the order is overly broad and should apply only to markets with overlapping Big Four network stations.
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In court, FCC accused of running out clock on Nexstar-TEGNA challenge
A group of public interest groups say the FCC has dragged its feet on Nexstar's acquisition of TEGNA that could complicate legal review of the matter.
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California AG unwilling to approve concessions to avoid trial on Nexstar-TEGNA deal
California Attorney General Rob Bonta said the state wants Nexstar's acquisition of TEGNA blocked, citing concerns about higher consumer prices and less competition in the TV space.
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Nexstar grabs $1.34 billion in revenue during Q1, CEO touts TEGNA deal
Nexstar Media Group worked to impress Wall Street by pointing to the prowess of its $6.2 billion merger with TEGNA during the company's Q1 report on Thursday.
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FCC commissioners could retroactively deny Nexstar-TEGNA deal
In a letter to lawmakers, FCC Chairman Brendan Carr said the Media Bureau's approval of Nexstar's acquisition of TEGNA is not a final decision.
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Nexstar takes DIRECTV’s fight over TV fees to Supreme Court
Nexstar has asked the Supreme Court to intervene in a lawsuit brought three years ago by DIRECTV over distribution fees.
Final settlement conference scheduled in Nexstar news director defamation lawsuit
The case stems from the termination of WOOD-TV's Stanton Tang and Amy Fox after a memo on Pride Month coverage sparked internal backlash, leading to their dismissals.
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Five states added to antitrust lawsuit against Nexstar over TEGNA deal
Kansas, Indiana, Pennsylvania, Massachusetts and Vermont have joined eight other states in seeking to block Nexstar's acquisition of TEGNA on antitrust grounds.
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Nexstar reaches deal with Ohio AG to acquire TEGNA stations
A Memorandum of Understanding allows Nexstar to eventually acquire two TEGNA stations in Ohio; the company can break the agreement based on fluctuating economic conditions.
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