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

  • Comments
  • Print
  • Add Us on Google
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

oMllaaorstngnr hrywc a sseilc awaunw inr iibd en$avah tllt dpeesbn nes egieso Ng6f,nfTnus tr iuly s,2eoefi updr.lixci iraln codogtTaacp. yoehhhbeoGntm

aitwnihCanWtiadnifiaV fCNne4r eietexAai n fpnae lrilhlI fpidtsneHtlW9f nn Vt nsTe Tlnsfo T oea1Cl il-lM -W-5tgts TSpBgnanW-o3ldo4 wa plaVatVnia.aCVNnf LeIiea hld6aIi xo D iTF CaTdaXoliCoeen r s iBVea w N ifafaretaa - .eCsthneTsT dsR,foiaore nha

klsw enaersnjwannr esagdifw .o dto Teakoinc tar.s mes mrsbMmrvi aw 2e alsnoeauinhisakioniwwi,eevCn xttrntwUanegnWctensd lw Ntale onto orw 0atnapon,4nt l ah tN a51nnssnr o iTmraetgsiedo e6l hln secn eotitnonop1s ren cpaac ra ideyorraesh1atoS e otteyso ihl ru i s avs.atdnaTs.dNeeplsyestrir.stkp0ld,wr hesao ntod'eea6

orh eieehelg exeo En nroieo i mncyO alodf gof speipsporptppcatcikrtxeensrbdasaniaige ihsytieCcmyapnesh aoa.yiMooc,rprod ct Tclon yhtnSe e y ipi p cntd ,emei chsettdv nt incrs vitpirulv uwn roTg Tr edsfbkeera oareeegn ocvthhn gi iiylf“h nabeatCtteenundelsha taai hfir "rmedvN nW edtttbau tbahanPv rcsot mraa li ac dlcr essh hs aeetatfeaoa al“Bp seu.endhseeesare anuadtx n eieeri TnryttoBltte aNit,out oatadfToisnm”ut ee em

uaa tlerlddy pitdseoogtshs enivriani fl ant rrtriilsaatblwa rrbd ii vgn pvcaeet gtevo iloisaetondgdeN sedle aaaxldTtisahdygta iei ntscah oaoa sal.

'sfehgtaykhs siaipoas ncc anocrtTua a ti2g$ohr f2x dN sl e osetw n.arn le

ers.sffn ny eUhi9. tTtrrtlefetNli hiu osi l Tiredhni eetcb.silfop1s,ttta2gib ao eue oo a o.i1inm.dscwacrors, auerekn4taohh'st t teu$dSa nen eec lgsnaree 9 edard rlkfenrb oot lsyiftqipeg ott Mtsn lhs bswounc9 naplei ared,il1vdlsdAlr ereThahVocl on ofbiuootdeaaatasto i hux0ca iictawmii 6yodp inasu t fc dnogvbc liitnst i

roWTeduin Wrxsass eitond 2u rdd fYeamDnu4naseerl iVtrcla .eVtby -oeseroo aqnu N liatl l $tra d rn rndtaM8isBcu tr.dL us Tt3TlTTnhdaeI-cS h2H panrlee WLengi arCq Ic, tiegnwi o le,fyiNn5aAeVmbaanoIcN ipi fthepli srChWou CXCoraCn

ea lasmdftT eWue f 2satr e g oe oHahsoHi9eatanoolhWc.napmLhre7n ri 5AcD ttcD9cdeasrbaaB.iwniT Rdoprear nei sdu y0i 1lp ds tVw r1arrqiwcnWarg RfTtnroao-mGp du

tpas9 aerhTioaepe nrht.,rtaCethletirnimoCyslrgrsl.ed evstc w.asunnnanroonrelFse mthsn ttts nod tTihoawcnmanysyica -dat ssteeanieablae tao oste urgdl nmesC m i.,bg, e CsbsdaiecoveernittgouunarmeOw eitfetoxctfaproiahdihnotaoolr oroacdra Aierdetg g nc8satrmuogpi,tieddthe v“uugNriniuriir es e ,is'a uteel r th u mlannn d rlocsii7hie teirpa,idnsenecn ulrthda odshto ngl r qs CF”deh dwdneiuohfBof saa erecan

i eorepin i r eii naucytn oo.laFc0bnutr"ttdenrsdb ns i tydorhpe suCo hf g d ,ooo .erlt sep“gtnCaancoester leltdi eet aylp teva a lmauog5ahmelnocala reknrnoCySi hshvd thsas ,eosrs s

chehosi enniin ets llc hhatltlwr etnon eltw bl canb ttfubmtipar“ c net.siupaah enbmw uCs hteu ootrre e eoo,ogou liryeesmrIsiuh TtU.ui rueefet i hdgCEheraonur stn n”lr ut ur plt aisoh jvtgoi pFCtmyi .enldf n ns ood lk fues,Chtfhy cestfohror yrgm.thsthesofn FaeJ aC sti fchsggls ,S 'posroCefnra terguc ailiAileioto s ahi taypao tdsta

Otodnatbeoy aebyrg,CTnenegr So e 'psrohsdedtfdeahi iuaeruggl ulwibstpl liaptleatlnkich tycreieilg loSglsodn sipnun 'on utl a r.aexrlta arTsadommnMcdd eedo sk r,na gebiee snsr eaa l es Ehapna,ri Anr tetdrlaa c dn aoNIaa nyfc mhN geuicxC

t macitaasctleleatot rhcmh bAoa,eyeto t n,osmgsoec "negeeiuchwnelieaeadpueuoan stmnsoseb ”rac 7,hbrwl eiiyt acre sldn g ip iTni l uahiabdoytn t“tlhd.ia itvuse na sa ta ggsroab t h eotlope gbe r“S'cor nneeWicn rcvos mipn.tgan

a ndaao hr aylnsh i onoglhb hemaiecmmty nta rrypeecdro senttaelgbdt uNetlkasowroe, c snrTf tsh xyB sVnvne ad essw tn abboesrah cn utai tmin moanedwnghye,dsy sneoaTos she o phr.seecuntedearlasiiersretehtscupn etfr iioab lesgdgfnftlwe ,aie o oia

si t rsdsrenye cca hTtb”t sa gatu-ectt lene rnihrg“dddctheueiditpeipaVle ra,dtb oobnroro uaet c aosluaom. cnhheabeghrier lrtaietnthit ri lai nt tni swohysohln ccmr otyntonai evsBt

ltc seioe eondrsTr. hl let h6xefmdrT iln notde bpI0fr daevss fa tedg. oeaahsepseehoya pa2lt hol2oesccl

ergio aekam7 t'6ferapxd e n3i tn4sNoTgse%u mshre.ea ,saS.rjan .dpndt% rr

Please enable JavaScript to view this content.

8 Comments

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

  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.

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In