Nexstar buys Tegna in $3.6 billion megadeal

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 […]

Media Notepad: Chances for writer’s strike increase

Also: ‘Showtime At The Apollo’ returns; The end of the road for “MyTV” branding? Blackhawks’ ratings for 2016-17 drop An update on the WGA labor situation: With the May 1 deadline approaching, the chances of a walkout by the Writer’s Guild seems to be increasing. According to the New York Times, progress has been made on issues such as pay […]