Nexstar becoming the largest U.S. TV Operator
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Thread: Nexstar becoming the largest U.S. TV Operator

  1. #1

    Nexstar becoming the largest U.S. TV Operator

    Nexstar Media Group has reached an agreement to acquire to Tribune MediaCo for about $4.1 billion, a deal which would make it the largest regional U.S. TV station operator. Nexstarís acquisition would come just three months after Tribuneís $3.9 billion deal to sell itself to Sinclair Broadcast Group.

    https://www.cnbc.com/2018/12/02/nexs...1-billion.html

  2. #2

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    https://en.wikipedia.org/wiki/Mission_Broadcasting

    If the FCC were to approve the Nexstar/Tribune deal isn't Nexstar going to have to divest from Mission Broadcasting though. I remember hearing that the reason Sinclair can't get the Tribune stations was on the Sidecar issue like Deerfield and Cunningham.

  3. #3
    I'm sure the divestitures will be announced tomorrow.

    Here's the original story from Reuters:

    https://www.reuters.com/article/us-t...-idUSKBN1O10LS

  4. #4
    That would mean WTIC TV in Hartford would have to be sold off. They are a Tribune station while WTNH in New Haven is Nexstar.

  5. #5
    Quote Originally Posted by RadioPatrol View Post
    https://en.wikipedia.org/wiki/Mission_Broadcasting

    If the FCC were to approve the Nexstar/Tribune deal isn't Nexstar going to have to divest from Mission Broadcasting though. I remember hearing that the reason Sinclair can't get the Tribune stations was on the Sidecar issue like Deerfield and Cunningham.
    Sinclair got tripped up because the proposed sidecar companies were run by family members and close cronies of top Sinclair management, which would have been little more than puppets. It was a total sham.

    I don't see any issue with the Mission Broadcasting operations agreements in markets that don't currently have a Tribune station.

  6. #6
    But this does mean the Seattle problem is solved. Sinclair was facing a divestiture of either KOMO or KCPQ under the previous scenerio. Now, Sinclair is warm and snug with KOMO, and KCPQ can operate in their own skin, with a potential relationship with KOIN in Portland.

  7. #7
    KC has none closes is Joplin and Springfield. None of Mission Broadcasting/Nexstar stations have Antenna TV or This TV or TBN but would at least get Movies back to a full power station because KRBK has it and Quest to one because KSHB/KMCI has all Kratz stations and no way IONTV makes it on to a Sub channel KC area.

  8. #8
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    Quote Originally Posted by Mgomrjsurf View Post
    KC has none closes is Joplin and Springfield. None of Mission Broadcasting/Nexstar stations have Antenna TV or This TV or TBN but would at least get Movies back to a full power station because KRBK has it and Quest to one because KSHB/KMCI has all Kratz stations and no way IONTV makes it on to a Sub channel KC area.
    You and your gibberish.
    James Calvin Woods - Son of Verta Jane Holland

  9. #9
    I was just saying a true fact.

  10. #10

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    I would like to know who the candidates for the divested Nexstar stations are though. I knew Fox was mentioned as a candidate to get the divested Sinclair stations but that was called off a few months ago.

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