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Nexstar had been in talks with smaller rival Tegna to merge its local TV stations amid the continuing consolidation of the ...
Within San Antonio, TEGNA oversees operations of KENS 5, while Nexstar doesn't have a dedicated station covering the Alamo ...
The heaviest weight on the market was Nvidia, whose chips are powering much of the move into AI. It sank 3.5%.
The deal will give the former 265 television stations in 44 states and D.C., representing 80% of U.S. television households ...
Retransmission revenue has grown rapidly over the past decade and will remain an important revenue source for Nexstar, but we expect the steady decline in pay TV customers to limit growth. Also, the ...
The merger will establish the country’s largest local broadcasting company, combining 265 television stations across 44 ...
Nexstar's merger with Tegna was approved by Tegna's board of directors. If it goes through, Nexstar could strengthen its hold in two California cities.
Nexstar Media, owner of Fox 40 (KTXL), announced Monday it plans to acquire Tegna, the parent company of ABC 10 (KXTV), in a $6.2 billion cash deal that includes Tegna’s outstanding debt.
Wall Street is edging further from its records. NEW YORK (AP) — Wall Street is edging lower on Tuesday following drops for ...
The merger will put to the test the Trump administration's stated ambition to abolish those long-standing rules. Opponents argue that those limits were set by Congress, and that only Congress can ...
Nexstar’s takeover of Tegna, enabled by Trump-era deregulation, positions the company to reach 80% of U.S. households ...
The Department of Homeland Security is getting ready to expand immigration detention space in Nebraska, and much like “Alligator Alcatraz” and the “Speedway Slammer,” the ...