Nexstar's $6.2 Billion Acquisition of Tegna to Reshape Local TV
Originally Published 4 months ago — by The Washington Post
Nexstar's proposed $6.2 billion acquisition of Tegna aims to consolidate local TV stations across the US, potentially reducing competition and coverage, but hinges on regulatory changes by the FCC, which may lift ownership restrictions to allow such mergers, raising concerns about media diversity and public interest.