BREAKING NEWS
TEGNA Is now a part of Nexstar Media Group, the transaction was approved by the FCC & the DOJ this afternoon. This means as of now 9NEWS & Channel 20 are owned by Nexstar, the owners of FOX31 & Colorado's Own Channel 2.
When will we see any changes on air we don't know yet, it should be fairly quick though.
And will a pending lawsuit by the state of Colorado and other states + DirecTV even matter?
If this is allowed to stand, Nexstar would control programing & news content in 80% of the country.
Nexstar would own:60 NBC Stations, 37 ABC Stations, 50 CBS Stations, 39 My Network TV Stations, 68 CW Stations & 58 FOX Stations.
Now Nexstar has said they will divest the following stations, although we don't know when, that could take 2years according to F.C.C Documents and to whom (That could possibly be a Nexstar side car company IE:Mission Broadcasting, Inc).
- KTVD
- WTHR
- WAVY
- WUPL
- KNWA
- WCTX
In total they would own 306 local stations across the country and in most cases the newsrooms will be combined leading to massive job losses in the coming year.
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