Nexstar explores sale of some newly-acquired Fox stations: source
Nexstar is exploring the sale of four once-Tribune Fox affiliates to Fox Broadcasting Group, according to a source.
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.
What will happen to WGN America, one of the first superstations in the United States, after Nexstar acquires Tribune? No one is certain.