Streaming service NewsOn loses Disney-owned local news broadcasts
Disney, a launch partner of the NewsOn app, has pulled its eight channels from the service.
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.
Disney, a launch partner of the NewsOn app, has pulled its eight channels from the service.
Chicagoland Television, a regional cable news channel that has aired news and public affairs programming to the Chicago metropolitan area, will cease production by the end of next year.
Sacramento’s KTXL FOX40 and San Diego’s KSWB FOX 5 could be sold to Fox Television Stations, according to a Nexstar source.
A California TV station will not have to turn over footage of a press conference held by a Catholic activist in May, a judge ruled Wednesday.
Don Corsini, the general manager at Nexstar Media’s biggest television station, will be leaving his job as general manager of the station by the end of the year.
Nexstar is exploring the sale of four once-Tribune Fox affiliates to Fox Broadcasting Group, according to a source.
Nexstar Media Group formally acquired Tribune Media on Thursday, taking control of three dozen stations and selling off about a dozen more.
Chief Executive Peter Kern is also expected to depart the combined company shortly after the deal closes, according to the memo.
Nexstar Media Group is poised to become the biggest local broadcaster in the country after the FCC on Monday gave formal approval for its takeover of Tribune Broadcasting.
The blackout impacts KRON-TV in San Francisco as well as channels in Bakersfield and Fresno.