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Patrick Paolini is stepping in to become the new Tegna chief.
“Patrick Paolini is stepping in to become the new Tegna chief.”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 […]
World Cup Boosts Fox Ad Sales in Q2, Profit Falls 3%
Fox ad sales rose 78% (108% for the TV division) during April-June due to the FIFA Men’s World Cup. Still, overall profit for the quarter dipped 3% year over year to $696 million. Fox’s distribution revenue was up 7% to $2.03 billion from $1.94 billion year over year. Content and other revenues dropped more than […]
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“This lawsuit is rooted in an outdated view of the media space and wastes precious taxpayer dollars to protect private equity-owned DIRECTV,” a Nexstar spokesperson says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 […]