Headlines
Nexstar Gets FCC OK, Closes TEGNA Deal
Nexstar has closed its acquisition of TEGNA Inc. following approval of the transaction from the Federal Communications Commission and the United States Department of Justice.
Carr’s Pressures Aside, America’s 250th Offers Promise For Broadcasters
The country’s 250th birthday celebration gives us the opportunity to celebrate our republic and broadcasting’s part in recording our history. Many groups already had a jump on it before the FCC chairman weighed in.
Mergers & Acquisitions
Station Sales Week Of 3/20
Robert Elliott Jr. sells Villecom LLC’s four stations in Central Texas to Kenneth Witt’s Lonestar Broadcasting Group LLC for $900,000.
Nexstar agrees to divest six stations to close on TEGNA deal
Nexstar Media Group agreed to sell six television stations in order to gain regulatory approvals for its $6.2 billion acquisition of TEGNA, the Federal Communications Commission (FCC) revealed on Thursday.
Lawsuits against Nexstar will continue after company closes TEGNA deal
The plaintiffs in a pair of federal lawsuits against Nexstar Media Group over the company’s acquisition of peer broadcaster TEGNA says their cases will continue to move forward in court, even after Nexstar announced it had closed on the deal.
FCC
FCC weighs ATSC 3.0 upgrades as a public benefit in Nexstar-Tegna approval
When the FCC approved Nexstar Media Group’s acquisition of Tegna on March 19, the order covered considerable ground – ownership rule waivers, retransmission consent commitments and station divestitures.
FCC Commissioner Gomez criticizes agency's approval of Nexstar-TEGNA deal
The lone Democratic commissioner at the Federal Communications Commission (FCC) has criticized the agency’s decision to approve Nexstar Media Group’s $6.2 billion acquisition of peer broadcaster TEGNA before the matter could be discussed through a more-transparent process.
Television
Nielsen 'Blind Spot' Gets A Little Blinder, Will Cease Monitoring Many TV Markets
Nielsen late last week began informing clients that, effective March 31, it will discontinue monitoring ads on TV in 137 markets.
CBS News Starts Another Round Of Layoffs
CBS News announced a new round of layoffs on Friday, the latest for the news division under the network’s new parent Paramount Skydance.
Radio
Radio Tops Media Trust Rankings As Podcasts Close In On TV, Katz Study Finds.
If artificial intelligence had feelings, it might be disappointed to hear radio is winning when it comes what is more trusted by Americans.