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Trump praises Nexstar-Tegna broadcast television deal he once opposed
Trump reversed his stance to support Nexstar's $6.2 billion acquisition of Tegna, which would expand Nexstar's reach to 80% of U.S. households, pending FCC approval.
- On Saturday, President Donald Trump endorsed Nexstar Media Group's $6.2 billion purchase of Tegna, reversing his earlier criticism and urging approval.
- Nexstar announced the deal in August and filed for approval, following its $3.54 billion proposal last year to acquire Tegna and become the largest U.S. regional TV operator.
- Nexstar oversees more than 200 owned and partner stations in 116 markets and operates networks like The CW and NewsNation, while Tegna owns 64 news stations in 51 markets including True Crime Network and Quest.
- Critics warned the deal could give Nexstar and Tegna a combined reach of around 80% of U.S. households, exceeding FCC limits, prompting scrutiny from Sen. Michael Bennet and Rep. Joe Neguse.
- The deal comes as the Federal Communications Commission seeks to reform local TV ownership rules, while some U.S. courts have struck down station limits and Nexstar aligns with the Trump administration's deregulatory moves.
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Total News Sources39
Leaning Left9Leaning Right3Center24Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 25%
C 67%
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