Tag: Nexstar
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ATVA Urges Congress to Require Big Broadcasters Receiving Small Business Loans to Prevent Blackouts
Congress has been sending out loans to small businesses, providing them funding to stay afloat during the coronavirus pandemic. Through the small stations they own, some big broadcasters are eligible for those loans. Today, the American Television Alliance (ATVA) called on Congress to put a condition on those loans given to major broadcasters, saying that…
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Comcast May Lose Nexstar Locals, WGN America, & More Tomorrow
Update: It appears that Comcast and Nexstar have reached a deal at least to extend talks preventing a blackout. You can learn more HERE. If you still have Comcast for your TV provider, you may soon lose your local TV affiliates. Comcast has posted a warning on their site that Nexstar owned ABC, CBS, FOX,…
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Nexstar is Selling 19 OTA TV Stations For $1.32 Billion in Cash
Recently Nexstar completed its purchase of Tribune-owned TV stations for $6.4 billion. Now Nexstar has announced that they are selling off 19 TV stations in 15 markets for $1.32 billion. With this deal, Tenga will purchase 11 of the TV stations in 8 markets for $740 million. The E.W. Scripps Co. will purchase 8 TV…
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YouTube TV is Adding Tribune ABC, CBS, FOX, & NBC Stations That Are Now Owned By Nexstar
Earlier this week YouTube TV started to add new local TV stations with the addition of some old Tribune stations now owned by Nexstar. Now it seems that YouTube TV is using its deal with Nexstar to slowly add all the old Tribune stations that it previously didn’t have a contract for. This will likely…
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Nexstar and FOX Renew Affiliation Agreements
Today, Nexstar Media Group and Fox announced a multi-year agreement to renew Fox network affiliations for Nexstar owned and operated stations in 31 markets. Nexstar is also acquiring 8 Fox affiliates from its pending acquisition of Tribune, and the agreement would cover those markets as well. “We are delighted to reach this long-term extension of…
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Nexstar Sells Several ABC, CBS, FOX, & NBC Stations to E.W. Scripps, TEGNA, & Circle City Broadcasting
Yesterday Nexstar Media Group has closed on its purchase of Tribune Media Company for $6.4 billion. This deal will add more than 40 stations including KTLA in Los Angeles, WPIX in New York and WGN-TV in Chicago to Nexstar’s list of locals. (Note WGN-TV has been up for sale separately and it at the time…
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Nexstar Has Closed its Deal to Buy Tribune Owned ABC, CBS, FOX, & NBC Locals
Your local TV station may soon have a new owner. Today Nextstar Media Group has closed on its purchase of Tribune Media Company for $6.4 billion. This deal will add more than 40 stations including KTLA in Los Angeles, WPIX in New York and WGN-TV in Chicago to Nexstar’s list of locals. (Note WGN-TV has…
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The FCC Has Approved The Merger Between Nexstar & Tribune Owned ABC, CBS, FOX, & NBC Locals
Today the FCC approved the merger between Nexstar and Tribune. This $6.4 Billion deal would merge Tribune’s ABC, CBS, FOX, and NBC stations into Nexstar. Last month, the DOJ approved the sale of Tribune-owned locals to Nexstar as long as Nexstar sells one or more local stations in 13 markets. Now with the FCC’s approval,…
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Nexstar Owned Locals Are Returning to AT&T TV, DIRECTV, U-Verse & AT&T TV NOW
After a long long blackout AT&T and Nexstar have reached a deal to return Nexstar owned locals to AT&T TV, DIRECTV, U-verse & AT&T TV NOW in 97 markets. “Our customers want more choice and value and we are pleased to deliver that through this new agreement with Nexstar and its many local stations,” said…
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Fox, Sinclair, & Nexstar Take Direct Aim at The “Rogue Streaming Service” Locast
This week, Fox, Sinclair, and Nexstar all held their quarterly earnings calls and the hot topic was the free streaming service Locast. Recently ABC, CBS, FOX, and NBC all sued Locast saying Locast does not have the rights to stream their programming. Now during the earnings calls this week some of the largest owners of…