(Cablefax) Sinclair and Nexstar said Monday that they have agreed to settle a lawsuit over the terminated Sinclair-Tribune merger, with Sinclair selling a station and making a $60mln payment to Nexstar. Click here to read more.
(Robert Feder) Sinclair Broadcast Group has finally closed the book on its bungled attempt to take over Tribune Media. In 2017 Sinclair sought to buy Tribune Media’s 42 television stations and other properties for $3.9 billion before the deal ran afoul of the FCC for what was called “misrepresentation and/or lack of candor.” Click here […]
(The Hollywood Reporter) Sinclair Broadcast Group has settled the lawsuit stemming from its failed $3.9 billion takeover of Tribune Media. Click here to read more.
(Deadline) Station giants Sinclair Broadcast Group and Nexstar Media said Monday they’ve agreed to settle an outstanding lawsuit in a deal that has Sinclair paying out $60 million and transferring ownership of a station in Kentucky. Click here to read more.
(Broadcasting & Cable) Sinclair and Nexstar have settled Tribune’s lawsuit against Sinclair–which Nexstar purchased–over Sinclair’s failure to close its previous deal to buy Tribune. Click here to read more.
(KVEO-TV) Nexstar Media Group Incorporated is pleased to announce that it has acquired the CBS Network affiliate for the Rio Grande Valley Metropolitan area. Click here to read more.
(Radio + Television Business Report) For generations of Philadelphians and for many longtime television industry veterans, the name Lew Klein is one of high reverence. It is because of Klein that American Bandstand is permanently etched into the fabric of U.S. culture. It is also because of Klein, who pioneered the Action News format at […]
(TVNewsCheck) The head of the nation’s largest TV station group is highly bullish on NextGen TV, cautious about OTT and optimistic that broadcast’s over-the-air nature may be a key asset to cable-wary sports leagues. Click here to read more.
(Variety) A technology meltdown at Fontainebleau Miami Beach made for a bumpy start to getting settled at NATPE for numerous executives and producers who arrived here over the weekend. Nonetheless, the core business of the content-sales gathering was humming as numerous distributors reported new deals and renewal pacts inked over the past few days. Click […]
(TVNewsCheck) Nexstar Media Group said today that its wholly-owned cable network, WGN America, will launch a live daily three-hour national newscast. Beginning this summer, News Nation, will air in primetime, from 8 p.m. to 11 p.m. ET, and will draw on the local market, regional and national expertise of Nexstar’s 5,400 local journalists in 110 […]