Tag: ABC
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Nexstar’s CEO Thinks That Soon Only 2 or 3 Companies Will Own Most Local ABC, CBS, FOX, & NBC Stations
Nexstar Media Group chief executive Perry Sook sharply criticized DirecTV for its opposition to the company’s proposed acquisition of Tegna, arguing that the pay-television provider has a pattern of undermining broadcasters during negotiations. The comments came during Sook’s first public remarks since a federal judge halted the $6.2 billion deal, which would have created the…
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78 Years Ago Today in TV History: ABC Television Network Debuts, Ushering in a New Era of Broadcasting
On April 19, 1948, the American Broadcasting Company launched its television network, marking a pivotal moment in the history of American media. The debut occurred through the network’s first primary affiliate, WFIL-TV in Philadelphia, which later became known as WPVI-TV. That evening, viewers tuned in to the satirical program On the Corner, hosted by Henry…
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Sinclair Asks The FCC To End Free OTA TV on ABC, CBS, FOX, & NBC Unless You Upgrade to ATSC 3.0 & End Ownership Caps
Sinclair Broadcast Group has submitted formal comments to the Federal Communications Commission emphasizing the critical connection between live sports programming on free over-the-air television and the financial health of local news operations. The company argues that without strong broadcast sports content, stations across the country would struggle to maintain robust local journalism, as sports audiences…
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The Slow Death of Local News & Weather on ABC, CBS, FOX, & NBC Has Started
Across the United States, the landscape of local television news is undergoing a profound transformation that signals the start of its decline. Regulatory shifts have opened the door for a single company to own major network affiliates—ABC, CBS, FOX, and NBC—in the same market, a change that once seemed unthinkable under rules designed to preserve…
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Nexstar Says Its Mega ABC, CBS, FOX, & NBC Merger Can’t Fully Be Undone
Last week, a federal judge issued a temporary restraining order that effectively paused the integration of two broadcasting powerhouses, Nexstar Media Group and Tegna, following the completion of their multi-billion-dollar acquisition earlier this month. The decision comes amid ongoing antitrust concerns raised by satellite television provider DirecTV and a coalition of state attorneys general, highlighting…
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Blacked Out? How to Watch ABC, CBS, FOX, NBC & More Local Channels if Your Cable Company Dropped Them
Cable customers in some markets have recently lost local stations as companies cut costs or hit carriage disputes, which is exactly why more viewers are looking for a better backup plan. Earlier this week, dozens of stations owned by the E.W. Scripps Company went dark for Comcast/Xfinity subscribers. Disputes like this are frustrating for subscribers…
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Legacy Broadcast Giants in Freefall: ABC, CBS, FOX & NBC Have Lost More Than 77% Of Their Market Share
The four major broadcast television networks—ABC, CBS, FOX, and NBC—have collectively lost more than 77 percent of their market share in recent decades, reflecting a profound transformation in how Americans consume video content. This sharp decline has left traditional broadcasters grappling with reduced audiences and advertiser interest, while local television stations across the country confront…
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The FCC Approves Another Merger of Local ABC, CBS, FOX, & NBC Stations
The Federal Communications Commission has given its official blessing to the transfer of three television station licenses from Allen Media Group to Gray Media, moving one of the broadcast industry’s more closely watched consolidation deals significantly closer to completion, per RBR+TVBR. The FCC’s Media Bureau issued a letter on March 23 granting the transfer of…
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ABC Cancels The Bachelorette as Leaked Video and Domestic Investigation Derail Bachelorette Debut
Taylor Frankie Paul’s carefully orchestrated promotional campaign for her upcoming season of The Bachelorette has come apart rapidly this week, as a leaked video depicting a 2023 domestic incident and an ongoing police investigation into a more recent altercation have prompted NBC to cancel her scheduled late-night television appearance and ABC to pull her season…
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Nexstar Media Group Closes $6.2 Billion Acquisition of TEGNA, Becoming Nation’s Largest Local TV Broadcaster of ABC, CBS, FOX, & NBC
Nexstar Media Group officially completed its acquisition of TEGNA Inc. on Thursday, bringing to a close one of the most closely watched and fiercely contested media mergers in recent American broadcasting history. The deal received approval from both the Federal Communications Commission and the United States Department of Justice, clearing the final regulatory hurdles and…