“The largest owner of the U.S. TV stations — Nexstar Media Group — is nearing a deal to acquire a major stake in The CW from co-owners Warner Bros. Discovery and Paramount Global, according to a number of reports.” Click here to continue reading via MediaPost.
“Several months after reports first surfaced that local television station owner Nextstar Media Group was interested in buying The CW network, it appears the company is close to acquiring a majority stake in the broadcast channel.” Click here to continue reading via TheWrap.
“A new report suggests that Nexstar Media Group Inc. could be “close to a deal” to acquire majority control of the fan-favorite television network The CW. The news was reported by The Wall Street Journal on Thursday, with their reporting claiming that Nexstar would acquire 75% ownership in the network, while its current owners — […]
“Nexstar executives told the Credit Suisse virtual conference on Wednesday that it has yet to see even modest recovery from the auto sector, though it’s still finding other categories to plug the hole. The company also spoke to its M&A ambitions, the prospect of selling its Food Network stake and the mindset it’s bringing to […]
“On Thursday, KELOLAND Media Group presented a $5,000 check to Special Olympics South Dakota.” Click here to continue reading via Keloland.com.
“Nexstar Media Group CEO Perry Sook said he could see his company owning a broadcast network in the future.” Click here to continue reading via Broadcasting & Cable.
“Nexstar Media Group Inc., the nation’s largest operator of TV stations, is taking a lead role in the move to the Advanced Television Systems Committee 3.0 standard. Under this digital broadcast technology, Next Gen TV offerings will provide consumers with significantly enhanced video and audio offerings and equip broadcasters with vastly increased capacity, opening the […]
“Global advertising technology leader, The Trade Desk (Nasdaq: TTD), today announced the launch of OpenPath, a new product designed to provide advertisers with direct access to premium digital advertising inventory. Initial publisher partners to join OpenPath include Reuters, The Washington Post, Gannett | USA Today Network, Conde Nast, McClatchy, Hearst Magazines, Hearst Newspapers, Advance Local, […]
“ATSC 3.0 infrastructure will position TV stations to not just create their own OTT platforms, but also lease a portion of their spectrum for datacasting, location services and many other new revenue possibilities. Leading experts on monetizing NextGen TV offered their predictions and blueprints at a TVNewsCheck webinar last week sponsored by LTN Global. Above, […]
“WJZY, Nexstar’s Fox affiliate in Charlotte, N.C., is undergoing a makeover. The station has “meandered as a bottom station for a long time,” says Lloyd Bucher, WJZY’s new GM, but Nexstar sees an opportunity to change that.” Click here to continue reading via TVNewsCheck.