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The Latest Breaking News from Nexstar

FCC scraps limit on local TV ownership in win for media conglomerates

The 2-1 vote along party lines repealed ‘national cap’ that served as a key check on consolidation of the TV industry

The Guardian - US

The Hill is capitalizing on reader interest in the second Trump administration

The Washington-based publication is announcing plans for a new digital subscription product called the Hill Insider

The Guardian - US

Nexstar CEO: big tech swallowed local newspapers. Local TV could be next

I started with one television station in Scranton over 30 years ago, now I employ nearly thousands of journalists coast to coast.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

FCC orders review of ABC's broadcast licenses

The review comes shortly after President Trump and first lady Melania Trump condemned ABC for a joke made by its late-night host Jimmy Kimmel.

Axios

Trump’s FCC weighs whether to flag shows with trans or non-binary ‘programming’

Statement on TV ratings system says disclosure is needed for children’s programs that include ‘gender identity issues’

The Guardian - US

Judge orders Nexstar-Tegna to pause merger

The ruling significantly dampens the consolidation outlook for the entire local broadcast industry.

Axios

Judge blocks $6.2bn merger of local TV giants Nexstar and Tegna amid fears of monopoly

The deal is on hold pending the resolution of a lawsuit

The Independent UK

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Federal judge extends restraining order on $6.2B merger of local TV giants Nexstar and Tegna

A federal judge has extended an emergency restraining order on a $6.2 billion merger between Nexstar Media Group and Tegna for one week

The Independent UK

Brendan Carr: is Trump’s FCC chair uniquely powerful or a paper tiger?

Broadcasting regulator has become one of the nation’s most prominent newsmakers – he seems to relish the spotlight

The Guardian - US

Target to make ‘really small’ changes to employee dress code to stop ‘questionable’ practices at stores, report says

This change is one of the latest from new Target CEO Michael Fiddelke, who took over last month

The Independent UK

Eight states and DirecTV sue to block Nexstar and Tegna merger

The merger was endorsed in February by President Donald Trump

The Independent UK

States challenge "broadcast behemoth" mega-merger

President Trump has endorsed the mega-merger.

Axios

TV Station News Managers Fired for Allegedly Anti-Gay Memo Can Go on with Their Defamation Suit Against Nexstar Media

"Often, two true statements can be juxtaposed in such a way that they imply an idea that is false, which, under Michigan law, gives rise to a cause of action for defamation."

Reason

Trump praises Nexstar-Tegna broadcast television deal he once opposed

President Donald Trump on Saturday endorsed Nexstar Media Group’s $6.2 billion purchase of broadcast rival Tegna, an apparent reversal from earlier criticism of the deal

The Independent UK

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Texas Observer

In Ink and on Airwaves, Texas Media Grows Ever More Concentrated

Hearst's acquisition of struggling newspapers in the state may seem like welcome news. But bigger doesn't always mean better.

Reason

No Need for Expert Evidence as to Media Defendant Negligence in Resisting Anti-SLAPP Motion,

at least when the dispute is over a simple identification error./

The Independent UK

Self-described ‘centrist’ cable channel NewsNation taps another Fox News personality to host own show

NewsNation will now have two of its primetime shows hosted by former Fox News personalities

Barchart

This ‘Strong Buy’ Dividend Stock Looks Set to Raise Payouts. Should You Buy Shares Now?

Nexstar Media Group touts proven factors like solid free cash flow, a major acquisiton, and consistent payouts, with possible stronger ones to come. Does that mean it’s a buy now?

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The Guardian - US

Jimmy Kimmel accuses Trump of trying to get him fired and tells him: ‘Quiet, piggy’

‘You’ve done this before,’ comedian told president, who ranted about Kimmel online and demanded his firing

The Independent UK

Sinclair takes 8% stake in EW Scripps as broadcaster eyes potential acquisition

Broadcast giant Sinclair has taken a more than 8% stake in E

The Independent UK

Sinclair saw its revenue tumble by 16% last quarter after leading charge to pull Kimmel from the airwaves

Conservative media company that owns or operates 185 domestic TV stations suffers sharp decline in third quarter results after dropping Jimmy Kimmel Live! in September

Cinemablend

Sinclair Exec Brings Up Facebook To Explain Why Pulling Jimmy Kimmel Wasn’t A Free Speech Issue

Let's talk about how complicated this whole mess is.

Cinemablend

A Curious Thing Actually Happened On Disney+. And Hulu When ABC Suspended Jimmy Kimmel

The suspension had ripple effects across Disney+ and Hulu.

Benzinga

Trump Ally Vs. Trump Admin: Newsmax CEO Speaks Out About TV Merger That May Have Influenced Jimmy Kimmel Suspension

A regional television merger between Nexstar Media Group (NASDAQ:NXST) and Tegna Inc (NYSE:TGNA) gained attention during the decision by Walt Disney Co (NYSE:DIS) to suspend Jimmy Kimmel from his late-night talk show.

Euronews

Trump’s FCC Chair Brendan Carr to testify to Senate panel after Jimmy Kimmel suspension backlash

FCC Chair Brendan Carr, who appeared to pressure broadcasters to take Jimmy Kimmel’s show off air, is set to testify before the Senate Commerce Committee next month. His perceived actions have been criticised by both sides of the political aisle.

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