Nexstar Media Group
Coverage of Nexstar Media Group in the Nexus archive.
- Nexstar CEO: big tech swallowed local newspapers. Local TV could be next
Nexstar CEO warns that Big Tech platforms like Google/YouTube, TikTok, Amazon, Meta, and Netflix are dominating the media landscape, threatening local TV news by monopolizing advertising revenue and reshaping news consumption. He compares this to the collapse of local newspapers, which lost 270,000 jobs in 20 years due to similar digital competition.
- Queen City News marks Founder’s Day by wrapping over 6,000 diapers for Charlotte families
Nexstar Media Group organized its annual Founder’s Day of Caring event, sending employees to volunteer in communities nationwide, including Queen City News' initiative to wrap over 6,000 diapers for Charlotte families.
- Who's up, who's down after the California governor debate?
A CBS News/YouGov poll following the April 22 California governor's debate found no significant voter movement, with only slight shifts in preferences. The debate, broadcast on KTLA and Nexstar Media Group stations, failed to clearly influence public opinion.
- 5 things to watch for in the California gubernatorial debate on Wednesday
Six candidates will compete in the California gubernatorial debate hosted by Nexstar on Wednesday night, vying to lead the nation's most populous state.
- What the prediction markets can tell us about the California governor's race
The California governor's race remains unpredictable due to the exit of a high-profile candidate, with Republican Steve Hilton currently leading in polls. Prediction markets and recent polling data, including from Nexstar Media Group, highlight the race's uncertainty.
- Judge temporarily halts Nexstar-TEGNA merger
A federal judge in California temporarily blocked the merger between broadcasters Nexstar and TEGNA, citing challenges from DirecTV and a group of attorneys general. The ruling requires Nexstar to halt operations with TEGNA until further legal proceedings.
- Federal judge blocks Nexstar-Tegna TV station merger until antitrust lawsuit is settled
A federal judge blocked the $6.2 billion merger between Nexstar Media Group and Tegna due to antitrust concerns, citing potential price hikes for consumers, reduced local journalism, and monopolistic risks. The ruling halts the deal until a lawsuit by eight attorneys general and DirecTV is resolved, despite prior approval by the FCC and DOJ.
- Nexstar finalizes acquisition of Tegna's TV stations, despite opposition
Nexstar Media Group has finalized the acquisition of Tegna's TV stations, despite opposition from several state attorneys general. The deal expands Nexstar's media holdings and faces legal challenges from regulators concerned about market concentration.