News

Nexstar Media Group buying WNEP owner Tegna in deal worth $6.2 billion

Nexstar Media Group is buying broadcast rival Tegna for $6.2 billion. The transaction, if approved, will bring together two ...

Parent company of ABC27, WTAJ and WBRE agrees to buy media group in $6.2B deal

Nexstar Media Group, the owner of ABC27, plans to purchase Tegna, the owner of FOX43. Nexstar announced on Tuesday that it plans to acquire all outstanding shares of Tegna for $22 per share in a cash ...

Nexstar Media Group, Inc. Enters into Definitive Agreement To Acquire TEGNA Inc. for $6.2 Billion in Accretive Transaction

Nexstar Media Group, Inc. (Nasdaq: NXST) (“Nexstar”) and TEGNA Inc. (NYSE: TEGNA) (“TEGNA”) announced today that they entered ...

Nexstar Media Group Inc. agrees to acquire 10TV, 97.1 The Fan owner Tegna

With the announced sale of 10TV, two companies may own Central Ohio's four commercial television stations by the end of 2026.
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Nexstar Media Group to acquire Tegna in $6.2 billion deal

Nexstar Media Group announced their intent acquire Tegna through a $6.2 billion deal on Tuesday. Nexstar is already the largest owner of local TV stations across the U.S.

MBC Group’s H1 Profits Rise To $89.3M And Revenues Grow To $800M As Middle Eastern Media Group Mitigates “Impact Of Geopolitical Volatility”

MBC Group posted big gains in profit and revenue in its half-year results after mitigating what it called "the impact of ...
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Vice Media files for bankruptcy as ad business suffers

Vice Media Group, popular for websites such as Vice and Motherboard, filed for bankruptcy protection on Monday to engineer its sale to a group of lenders, capping years of financial difficulties ...