Nexstar Media buying Tegna in $6.2B deal involving major owners of TV stations

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8 Comments

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  1. I understand how consolidation is good for the few televison station operators who will be left standing when it’s all said and done. But what about the consumer? One company owning the FOX, NBC, and CBS affiliates in this market means we essentially have one voice (two if you count Scripps, owner of the ABC affiliate) providing us with local news. Not good.

  2. Tegna was far left leaning correct? I’m just hoping that there’s a day that we can get back to just reporting the news rather than trying to sway the narrative.

  3. Unfortunately we’ll see more reporters and anchors moving and leaving, and/or reduced. And more forced narratives coming down to local stations over time, with more generic and same subject news.
    If only they all could get consistent and accessible game programming for Pacers and Fever.

  4. Good as long as they remain neutral and report fairly. Experience shows how liberal the media has become and always dogging Trump who has done a magnificent job compared to Biden. Please report this as it is a fact!

    1. Facts tend to have a liberal bias, so with accurate reporting it’s almost impossible NOT to make known liar look bed.

  5. I’ve been calling this the ‘pacman’ syndrome for years. Bad. Bad. Bad. In the 70’s the FCC forced local media owners of more than two outlets to divest. The premise was that they had ‘too much local influence’. As a result, cities all over the country lost newspapers to big corporations as well as great radio and TV operations. In Indianapolis for instance, WFBM (now WRTV) had radio stations that split up. Same with WISH. The daily papers in many instances were simply sucked up by corporate conglomerates like Gannet and others, ie the former ‘great Hoosier daily’ Indianapolis News & Star. The point is this, 2 or 3 national-international conglomerates owning ALL media IS the exact same thing the FCC 50 years ago said it was trying to avoid! Centralized influence. It is far better for everyone, except the mega corporations, to have a number of local owners from coast to coast than what’s happening. George Soros’ holding companies just before Biden left office was permitted to purchase over 200 radio stations in the nation’s biggest markets in the name of consolidation. Can you say ‘Pravda’ or ‘Isvestia’? A common thread as to the decline of daily local papers has been ‘electronic media makes them antiquated’. I suggest that the pages and pages of lost content, the lack of local coverage is the culprit. A few years ago I called the lone Indianapolis daily asking why Indianapolis Indians boxscores were no longer in the scant sports section? The answer: “Corporate hasn’t budgeted for it.” Bernie Herman, Lou Sherman. Joe (Piggot) Pickett, Gene Allison, Jim Wilson, Jim McIntyre, Dave Piontek, Carolyn Churchman at the Ayres Tea Room, Jim Shelton on the Circle with ‘pick a pocket’. You all are missed.

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