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The Latest Breaking News from Nexstar Media Group

Judge blocks $6.2bn merger of local TV giants Nexstar and Tegna amid fears of monopoly

The deal is on hold pending the resolution of a lawsuit

The Independent UK

Federal judge extends restraining order on $6.2B merger of local TV giants Nexstar and Tegna

A federal judge has extended an emergency restraining order on a $6.2 billion merger between Nexstar Media Group and Tegna for one week

The Independent UK

Eight states and DirecTV sue to block Nexstar and Tegna merger

The merger was endorsed in February by President Donald Trump

The Independent UK

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Trump praises Nexstar-Tegna broadcast television deal he once opposed

President Donald Trump on Saturday endorsed Nexstar Media Group’s $6.2 billion purchase of broadcast rival Tegna, an apparent reversal from earlier criticism of the deal

The Independent UK

This ‘Strong Buy’ Dividend Stock Looks Set to Raise Payouts. Should You Buy Shares Now?

Nexstar Media Group touts proven factors like solid free cash flow, a major acquisiton, and consistent payouts, with possible stronger ones to come. Does that mean it’s a buy now?

Barchart

Trump Ally Vs. Trump Admin: Newsmax CEO Speaks Out About TV Merger That May Have Influenced Jimmy Kimmel Suspension

A regional television merger between Nexstar Media Group (NASDAQ:NXST) and Tegna Inc (NYSE:TGNA) gained attention during the decision by Walt Disney Co (NYSE:DIS) to suspend Jimmy Kimmel from his late-night talk show.

Benzinga

Jimmy Kimmel’s Return Announced Days After Show Was Suspended Over ‘Insensitive’ Charlie Kirk Remarks

Disney has confirmed the show’s comeback, but its long-term future remains uncertain.

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Who are Nexstar and Sinclair, the ABC affiliate owners who issued statements against Jimmy Kimmel

Two ABC affiliate owners spoke out against late night talk show host Jimmy Kimmel ahead of ABC’s decision to suspend the presenter over comments he made about the killing of conservative activist Charlie Kirk

The Independent UK

Nexstar Media Group buying Tegna in deal worth $6.2 billion

Nexstar Media Group is buying broadcast rival Tegna for $6.2 billion, bringing together two major players in U.S. television and the country’s local news landscape

The Independent UK

Tegna Stock Soars Over 30% In After-Hours As Nexstar Nears Acquisition Deal, Raising Stakes For FCC Deregulation Fight: Report

Nexstar Media Group Inc. (NASDAQ:NXST) is reportedly in advanced discussions to acquire fellow television broadcaster Tegna Inc. (NYSE:TGNA).

Benzinga

3 Highly-Rated Dividend Stocks You’ve Probably Never Heard Of (But Should)

Explore high-yield, mid-cap dividend stocks with strong analyst ratings, solid payout ratios, and consistent income potential beyond the usual blue chips.

Barchart

Fates & Fortunes | September 2024

Notable executives on the move

Multichannel News

Nexstar Profits Rise as Losses at The CW Shrink

Revenues up 2.3%

Broadcasting & Cable

Nexstar Media Group Adds Ellen Johnson to Board

New director is CFO at Interpublic Group of Cos.

Broadcasting & Cable

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TV Tech

NAB Appoints Michael Biard To TV Board of Directors

The Nexstar Media Group president and chief operating officer assumes Andy Alford’s seat

TV Tech

OTA Wireless Readies ATSC 3.0 Datacasting For Commercial Deployment (Part 1)

The Nexstar-Scripps joint venture has the pieces in place to create a new revenue stream from NextGen TV

Broadcasting & Cable

Nexstar Reports Higher Net Income in First Quarter

Losses at The CW reduced by $50 million

Broadcasting & Cable

NextGen Broadcasting Takes on TikTok With Interactive Fast Stream Technology

Pearl group stations join Sinclair in launching local and national channels

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news in one place.

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Broadcasting & Cable

Nexstar Profits Fall On Weak Ad Market, Political Spending

CW Network posts $50 million loss

TV Tech

Nexstar Inks Major Comscore Audience Measurement Deal

Comscore will provide linear and cross platform measurement for Nexstar’s local TV, Broadcast, network, and digital businesses

Los Angeles Times

Nexstar stations dropped from DirecTV in nationwide blackout

Millions of DirecTV customers lost access to Nexstar Media Group channels after the two companies failed to agree to a new distribution contract by a Sunday night deadline.

Chicago Tribune

Bally’s buys Freedom Center for $200 million, taking ownership of Chicago Tribune printing plant and future site of casino

CHICAGO — Bally’s completed its $200 million purchase of the Freedom Center printing plant Friday, paving the way to build Chicago’s long-sought and much-debated casino.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For November 9, 2022

Upgrades

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For September 6, 2022

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Los Angeles Times

Commentary: How the slow death of broadcast TV hurts TV writers

This month a controlling stake of the CW network was sold to Nexstar Media Group. This followed announcements earlier in the year that many of the network’s superhero and youth-oriented shows were being canceled. The sale provoked plenty of dismay from fans worried about the future of their favorite shows.…

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