The Nexstar-Tegna merger that sought to bring together two of the largest media companies managing over-the-air local network affiliates has been brought to a screeching halt. In August of last year, Nexstar announced a $6.2 billion acquisition of Tegna that would bring together a total of 265 local stations across the country. In spite of…
Last month FCC boss Brendan Carr illegally ignored remaining U.S. media consolidation laws to rubber stamp Nexstar’s $6.2 billion purchase of Tegna. It’s part of the generational Republican quest to steadily consolidate media, then replace whatever journalism remains with a soggy mish mash of lazy infotainment and right wing propaganda (see: Sinclair Broadcasting). But there’s […]
A federal judge issued a temporary restraining order, pausing the merger after ruling it would “eliminate competition."
The post Trouble for Brendan Carr’s Nexstar MAGA Mega-Merger appeared first on Truthdig.
Right wing broadcasters are having a very good time under Brendan Carr, who has looked to destroy all remaining media consolidation limits to let them merge. Such companies, like Sinclair, Nexstar, and Tegna, don’t do journalism so much as they do soggy, right wing propaganda and infotainment, usually with endless fear mongering about drugs, homelessness, […]
As several states band together in hopes of stopping the merger between Nexstar and Tegna, a judge has put a pause on the transaction due to a lawsuit filed by DirecTV on antitrust grounds. On Friday, U.S. District Judge Troy Nunley granted DirecTV a temporary restraining order halting the Nexstar-Tegna merger, writing that DirecTV established Read more...
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Seattle Kraken and Tegna announced a multi-year media rights extension, continuing their regional sports agreement offering free over-the-air broadcasts on regional stations. The announcement continued a deal initially signed before the 2024-2025 season, coinciding with the launch of the Kraken Hockey Network, which has made games widely accessible on Tegna’s partner stations and Prime Video.…
Trump 1.0 took a hatchet to media ownership limits. Those limits, built on the back of decades of bipartisan collaboration, prohibited local broadcasters and media from growing too large, trampling smaller (and more diversely-owned) competitors underfoot. The result of their destruction has been a rise in local news deserts, a surge in right wing propaganda outlets pretending to […]