Nexstar to buy Tegna for $3.5 bn
Financial Express Pune
|August 20, 2025
Nexstar Media has agreed to buy smaller rival Tegna for $3.54 billion, creating a local-TV powerhouse that seeks to compete better with Big Tech and national media for advertising dollars.
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Acquiring Tegna will expand Nexstar's presence in nine of the top 10 US markets, covering 80% of TV households across key geographies, including Atlanta, Phoenix and Seattle. That could give Nexstar, the largest US regional TV station operator, more leverage with advertisers and pay-TV distributors at a time when local media is grappling with falli
यह कहानी Financial Express Pune के August 20, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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