Industry News

Nexstar Media Group has reached a formal agreement to acquire TEGNA. And, in terms of EBITDA, it puts Nexstar in the same league as FOX and Paramount Skydance, something Nexstar founder and Chairman/CEO Perry Sook believes will put his company in broader media industry conversations in a bigger and meaningful way.

Mark Persons drops in to see TWR’s facility on Bonaire

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One prominent advertising trends analyst believes the proposed acquisition of TEGNA by Nexstar Media Group will not reverse the downward trajectory for core advertising dollars for the industry.

Perry Sook, in prepared comments distributed prior to a conference call with key media industry financial analysts but not with TEGNA representatives, singled out "the initiatives being pursued by the Trump administration" for making a $6.2 billion proposed all-cash acquisition of TEGNA a possibility.

Nexstar, the nation's single-biggest licensee of broadcast TV stations, is purchasing all of the stations under the TEGNA banner. It's a proposed transaction that could only have come together thanks to an Eighth Circuit Court of Appeals ruling just weeks ago and the FCC Chairman's pledge to "Delete, Delete, Delete."

It is formally known as Marquee Broadcasting West, and it is led by COO Gene Steinberg on a day-to-day basis. Owned by Brian Lane and CEO Patricia Lane, this bicoastal radio and TV station owner has just agreed to purchase the radio properties of Bicoastal Media in Southern Oregon.

Four networks. One screen. Zero flipping. That's a feature DirecTV pioneered in the late-2000s. Now, it has launched seven new multiview "Mix Channels" on its streaming platform.

The exclusive global provider of Philips Professional Displays and complementary products has adjusted its EMEA sales and global marketing management teams, with two promotions made by the company.

GatesAir has brought to market its latest high-efficiency RF product with the release of a new transmitter infrastructure for its entire range of DAB/DAB+ transmitters. To be introduced at IBC2025 in September, the modernized architecture is designed to improve efficiency percentages by upward of 50%.

ARC Software Inc. has entered into an agreement with Christian FM Media, a provider of programming content for Contemporary Christian formatted stations. This makes ARC the primary affiliate research and management tool for the organization.