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Nexstar reported its third-quarter 2023 earnings Wednesday, revealing TV ad revenue was down overall 23% for the July-September quarter. (Variety) Similarly, The CW keeps losing money for the broadcast TV […]
“Nexstar reported its third-quarter 2023 earnings Wednesday, revealing TV ad revenue was down overall 23% for the July-September quarter. (Variety) Similarly, The CW keeps losing money for the broadcast TV […]”출처
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Judge Says Nexstar Violated Tegna Merger Preliminary Injunction With Board Appointments
DirecTV and a group of state attorneys general sought intervention on the matter in July
Nexstar CEO Says Tegna Suit Settlement Is Possible, Cites Paramount-WBD Deal As Reason Stations Need More Scale
Nexstar CEO Perry Sook says a settlement of an antitrust lawsuit against its merger with Tegna is possible, but he notes the company faces less pressure than companies like Paramount facing legal opposition. “If we can settle the litigation prior to going to trial next year, that has a benefit to us,” he acknowledged on […]
Nexstar Urges Appeals Court to Narrow Nationwide TEGNA Merger Injunction
“This lawsuit is rooted in an outdated view of the media space and wastes precious taxpayer dollars to protect private equity-owned DIRECTV,” a Nexstar spokesperson says
Nexstar Rails Against $6.2B Tegna Merger Injunction, Calls Out DirecTV & State AGs’ “Cynical Attempt To Advance Their Own Commercial & Political Interests”
Ever since a federal judge hit the pause button in April on Nexstar’s big bucks merger with Tegna, the Texas-based local TV giant vowed to fight back on antitrust allegations and claims it played political footies with the Trump administration. Corporate walls had to suddenly be put in place over the past few months with […]