Latest in Nexstar

Nexstar Media Group, which gained control of LA TV station KTLA after buying Tribune Media last year, has appointed Janene Drafs as the station’s VP and GM. Drafs succeeds Don Corsini, who had a long and high-profile career as a broadcast news leader in the LA market, including a decade running KTLA. Corsini announced…

Nexstar Media Group is launching a three-hour nightly newscast on its flagship cable channel WGN America, drawing on local journalists for reports from its stations across the country. News Nation will broadcast from a newsroom and studio at WGN-TV in Chicago, and will launch this summer. Jennifer Lyons, who most…

Nexstar said that anchor-reporter Courtney Friel will return to air on its KTLA-TV station in Los Angeles on January 18, after a tour for her new memoir that includes a claim that Donald Trump propositioned her a decade ago, when she was working for Fox News. There had been some questions about her presence on the…

Fox Corp. has bought three TV stations from Nexstar, the top U.S. owner of local stations, in a $350 million transactions that will give the company a position in 14 of the top DMAs. Under the deal, Fox has also agreed to sell Nexstar two stations in Charlotte, NC: Fox affiliate WJZY and MyNetworkTV affiliate WMYT…

Nexstar, the No. 1 owner of local TV stations, is making a significant shift in its approach to negotiations with advertisers, ditching traditional ratings in favor of a “cost-per-impression” model. The new model, developed over the past year with third-party measurement firm comScore, incorporates digital, mobile and…

Veteran station executive Don Corsini, a fixture in the Los Angeles TV market who spent the past decade running KTLA-TV as President and General Manager, has informed the station’s staff of his plan to retire at the end of the year. He made announcement at a meeting with employees yesterday, emphasizing that the…

The acquisition of Tribune Media by Nexstar Media Group has created the largest owner of local TV stations, but it also raises new questions about the future of WGN America and a nearly one-third stake in the Food Network. In a conference call Friday with Wall Street analysts to discuss the deal, which closed…

Nexstar said Thursday it has closed its acquisition of Tribune Media for $7.2 billion, including debt, vaulting to the position of No. 1 owner of local TV stations in the U.S. The deal caps a remarkable rise for a company that consisted of a single radio station barely a generation ago. Sinclair Broadcast Group had…

The Federal Communications Commission has given the OK to Nexstar Media Group to acquire Tribune Media, a little more than a year after blocking Sinclair Broadcast Group from buying Tribune. FCC review was the final hurdle the transaction needed to clear. The Department of Justice gave its blessing in July. Nexstar is…

A long-missing broadcast tradition is being brought back to the airwaves. Nexstar TV, which owns 171 stations across the country, said it will return the national anthem segment to begin the broadcast day this fall. The national anthem used to close the day for most television stations back when TV was not a 24/7…

AT&T and Nexstar Media Group, which is poised to become the No. 1 owner of local TV stations in the U.S., have resolved a nearly two-month carriage dispute affecting 120 stations in 97 markets. The companies did not release financial terms but said their new multi-year deal will allow the stations to return to AT&T’s…

Tribune Media, a local station power soon to be acquired by Nexstar Media Group, posted mixed results for its fiscal second quarter. The company, which owns 42 local TV stations and cable network WGN America, reported revenue of $484 million in the period, a shade lower than Wall Street analysts’ consensus forecasts…