Broadcast Station Owners Push to Consolidate as Deals Stall
Lead: Broadcast station groups led by Nexstar and Sinclair are actively pursuing mergers to shore up declining traditional-TV revenues, but high-profile transactions are stalling. In August, Nexstar proposed a $6.2 billion acquisition of Tegna that would combine more than 260 stations; in November 2025 Sinclair moved to acquire E.W. Scripps after building roughly a 9.9% … Read more