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.
FCC’s Gomez says Nexstar-TEGNA deal should get full panel vote
Gomez argued the deal conflicts with the 39 percent national ownership cap and shouldn't be scrutinized only by the Media Bureau.
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Winter Olympic Games pull in strong numbers for NBC affiliates
NBC affiliates across the country are seeing viewership boosts thanks to the network's coverage of the Winter Olympic Games.
Newsmax CEO Chris Ruddy threatens lawsuit over FCC TV ownership cap
Federal lawmakers are the only ones who can eliminate an FCC-imposed ownership cap on local broadcasters, Ruddy asserts.
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FCC broadcast TV ownership cap gets hearing on Capitol Hill
Lawmakers showed mixed views, balancing concerns over consolidation against fears that failing to modernize rules will further weaken local TV news.
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Trump backs Nexstar-TEGNA deal, despite DEI philosophy
Trump’s support for the Nexstar-TEGNA deal comes despite past opposition to DEI initiatives, signaling a pragmatic carve-out.
Senator Cruz plans hearing on FCC broadcast ownership rules
The Senate Commerce Committee will hear testimony on broadcast TV ownership rules from key stakeholders in the industry.
Second Circuit upholds reinstatement of DIRECTV lawsuit against Nexstar
The court let stand its finding that DIRECTV plausibly alleged lost subscribers and profits tied to Nexstar’s fee practices.
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TEGNA refreshes mobile apps with personalized news, vertical videos
Local television broadcaster TEGNA is bringing personalization and interactivity to its news-focused smartphone apps.
Sinclair urges FCC to approve Nexstar acquisition of TEGNA
The company dismissed merger opponents as self-interested, despite competing with Nexstar and TEGNA in many markets.
California appeals court upholds TV anchor’s gender discrimination award
The court found her employer unlawfully paid her less than a male co-anchor for equal work and retaliated against her.
Nexstar DEI philosophy could complicate TEGNA deal at FCC
A high-level Nexstar executive confirms DEI elements remain part of its "corporate philosophy," creating a possible catch-22 at the FCC as it weighs the Nexstar-TEGNA deal.
EXCLUSIVE
Newsmax urges FCC to deny Nexstar-TEGNA merger
The company warned the deal would increase retransmission fees and further concentrate power among local TV station owners.