Says it violates federal antirust law A federal judge blocked the $6.2 billion merger between Nexstar Media Group and Tegna Friday evening, setting the stage for a long and perhaps costly court battle. As first reported by The Desk, U.S. District Judge Troy Nunley in Sacramento issued the 52-page injunction, stating the mega-merger violates antitrust laws, and declared it illegal, […]
Approved despite lawsuits by states, DirecTV In a historic move, the Federal Communications Commission and the Department of Justice approved the $6.2 billion merger between Irving, Tex.-based Nexstar and McLean, Va.-based Tegna, despite a lawsuit filed by eight state attorneys general and DirecTV. The deal officially closed Thursday night. The FCC granted waivers to Nexstar despite the national ownership cap […]
WPIX New York and KTLA Los Angeles also hit with staff cuts, drawing the attention of SAG-AFTRA Fresh off of laying off nine employees at WGN-TV Monday, Nexstar made even more cuts on Wednesday, announcing layoffs at its KTLA Los Angeles and WPIX New York (which it operates through Mission Broadcasting) KTLA laid off five on-air personnel, including longtime meteorologist […]
Sean Lewis and Ray Cortopassi among those cut on the same day four Black lawmakers announced their opposition to Tegna deal Editor’s Note: This story was updated on February 24 at 11:10 a.m. Nexstar-owned WGN-TV announced Monday night it has laid off nine on-air anchors and reporters from its Bradley Place headquarters. The biggest name laid off was WGN evening […]
Also: Court TV sold; Trump endorses Nexstar-Tegna deal Super Bowl LX wasn’t much to look at on the field, but it still drew a large crowd. Ratings released by Nielsen Tuesday showed the game between the New England Patriots and Seattle Seahawks averaged a 39.4 household rating and 79 share and drew 124.9 million viewers across all platforms for NBC, […]
I Beats Paramount and Comcast in bidding Deal includes HBO and HBO Max; does not include WBD’s cable networks, which will be spun off Passing regulatory tests could be difficult In a move that gained steam in the 24 hours before it was announced, Netflix is buying Warner Bros. Discovery for $82.7 billion, closing a period during which two other […]
Comes after Trump expresses disdain The bid to increase scale in local television has turned into an arms race. Sinclair is the latest to make a bid to acquire a rival, this time Cincinnati-based E.W. Scripps, a company that was founded in 1878 as a newspaper chain. If successful, Sinclair would own and/or operate around 250 stations in the […]
WGN-TV, Fox 32 expands local programming [Editor’s Note: This post was updated on Sept. 8 to reflect the last-minute scheduling changes made at Fox 32 and Fox Chicago Plus.] If there’s any indication about the struggles of first-run and off-network syndication, look no further than this season’s new crop of shows, in which you count on one hand whereas in […]
Combined entity would own 265 stations covering 80 percent of country As hinted by the Wall Street Journal last week, WGN-TV and WGN Radio owner Nexstar Media Group has agreed to purchase rival Tegna, Inc. for $3.6 billion in the biggest deal in television history. The new combined entity gives Nexstar 265 stations with nine of the top ten markets […]
Cable networks such as USA Network and E! under new ownership by 2026 With the business in freefall, Comcast Corp. has decided to part ways with its cable networks. As hinted a few weeks ago, Comcast announced Wednesday it is spinning off its cable networks from its NBCUniversal into a new company. Tentatively titled SpinCo (we hope it’s a temporary […]
Also: Final Wheel with Pat Sajak draws four-year viewership high; Tegna’s Daily Blast Live to end The WNBA continues to soar to new ratings heights as Sunday’s Chicago Sky-Indiana Fever game illustrated thanks to the heated rivalry between the two teams courtesy of Caitlin Clark. Despite the 11 a.m. Chicago start time, the contest airing on CBS drew 2.252 million […]
Also: Alyssa Donovan promoted to full-time to WGN-TV’s Weather Team; WBEZ continues its ratings freefall; Indianapolis station to air Fever games As hinted by Politico’s Shia Kapos last week, it was made official Tuesday: Paris Schutz is headed to Fox-owned WFLD (Fox 32) where he’ll be the chief political reporter and anchor his own half-hour weekly political show, essentially replacing […]
Deals made as CBS sitcom wraps up five-season run In a move that was expected given it was approaching the five-season mark, Warner Bros.’ sitcom Bob Hearts Abisola was sold in broadcast off-network syndication to several station groups this fall with 92 episodes available to air, announced last week. Warner did not announce what percentage of the country is cleared, […]
Also: Richard Mline’s wife dies; DirecTV retains NFL Sunday Ticket….for business customers; Standard General-Tegna merger called off Sports business website Front Office Sports reported Monday evening the owner of the Chicago White Sox and Chicago Bulls acquired a majority stake in Stadium, the multiplatform sports network seen on over-the-air digital channels and streaming. The network is based out of the […]
Also: New Illinois member of Congress supports Standard General-Tegna; Toledo’s WNWO ends “local” newscasts; Phoenix’s basketball teams bail on Bally In what you can call a “weekend news dump”, Cumulus Chicago last Friday let Troy Hanson go from his positions at the cluster. During his time there, he wore several hats including PD of Q101 (WKQX), and VP of programming […]
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