FCC approves the merger of local television owners Nexstar and Tegna
Quick Insights
The Bottom Line
FCC approves Nexstar acquisition of Tegna, creating largest local TV broadcaster with 259 stations in 44 states.
How This Affects You
Consolidation of local television ownership may reduce media competition and limit news options in your viewing area.
AI Summary
The FCC approved Nexstar Media Group's acquisition of Tegna's television stations Thursday. The combined company will operate 259 television stations across 44 states, significantly consolidating the local broadcast television market. The deal eliminates one of the largest independent station owners in the U.S. and strengthens Nexstar's position as the nation's largest local television broadcaster.
What's Being Done
The FCC approved Nexstar Media Group's acquisition of Tegna's television stations Thursday.
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CorporateFCC approves merger of local television owners Nexstar and Tegna as two lawsuits seek to block it
The Federal Communications Commission on Thursday said it had approved the merger of local television giants Nexstar Media Group and rival Tegna, the same day that two lawsuits trying to block the deal were announced.
CorporateFCC approves Nexstar's purchase of Tegna hours after lawsuits sought to block deal
The FCC announced Thursday that it had approved the $6.2 billion merger of major broadcast station owners Nexstar and Tegna.
CorporateNexstar secures merger with Tegna after FCC, DOJ approval
The Federal Communications Commission (FCC) and Department of Justice (DOJ) have cleared Nexstar Media Group’s acquisition of fellow local broadcaster Tegna, the company announced on Thursday. The company announced the deal’s closure after the FCC said in its own press release that it was granting Nexstar a waiver of the department’s rule capping the percentage…
CorporateStates challenge "broadcast behemoth" mega-merger
<p>Eight states sued to block the massive <a href="https://www.axios.com/2025/08/19/nexstar-tegna-6-billion-broadcast-deal" target="_blank">$6.2 billion merger</a> of Nexstar and Tegna that could create the largest <a href="https://www.axios.com/media-trends-membership/2025/11/08/nexstar-tegna-merger-fcc-ownership-cap" target="_blank">local broadcast company</a> in the country by far.</p><p><strong>Why it matters: </strong>The deal, which would require lifting the limit on television station ownership, is a litmus test for the Federal Communications Commission's <a href="https://docs.fcc.gov/public/attachments/DOC-410147A1.pdf" target="_blank">deregulation</a> drive.</p><hr><ul><li>FCC Commissioner Brendan Carr has already <a href="https://www.reuters.com/business/federal-communications-commission-chair-backs-nexstar-tegna-merger-2026-02-18/#:~:text=Show%20more%20companies,against%20a%20company's%20ownership%20cap." target="_blank">signaled</a> he supports the transaction.</li></ul>...
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CorporateF.C.C. Approves Nexstar’s Acquisition of a Local TV Rival
The $6.2 billion deal consolidates 265 stations in 44 states and Washington.
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