Nexstar in the News

(Variety) Nexstar Seeks FCC Approval of Tegna Acquisition, Requesting Waiver of 39% Ownership Cap Rule

“Nexstar Media Group, seeking to clear its $6.2 billion deal for rival TV broadcast station group Tegna, officially filed applications Tuesday with the FCC that include a request for a waiver of the agency’s 39% ownership cap for local TV broadcasters.” Continue reading via variety.com.

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(Hollywood Reporter) “We Are the Anti-Fake News”: Nexstar Makes Its Case to the FCC for Tegna Takeover

“The local TV station giant Nexstar has officially asked the FCC to approve the transfer of broadcast licenses controlled by Tegna, a key part of its proposed $6.2 billion takeover that would make it by far the largest owner of TV stations in the U.S.” Continue reading via hollywoodreporter.com.

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(WSJ) Nexstar CEO Says Bigger Is Better in Pitch to FCC

“Nexstar Media Group has more than 200 television stations across the country, from New York City to Rapid City, S.D. “But when Chief Executive Perry Sook makes his argument for government approval of Nexstar’s $6.2 billion deal to acquire rival broadcaster Tegna, he plans to focus on his company’s scale relative to tech companies, rather […]

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