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The nation's biggest television broadcaster Nexstar Media Group Wednesday reported net income dipped 26% on a 39% jump in revenue in the fourth quarter spurred by its acquisition of Tribune Broadcasting last fall. CEO Perry Sook said the combined company is focused on slashing debt and expanding local news and…

Station giants Sinclair Broadcast Group and Nexstar Media said Monday they've agreed to settle an outstanding lawsuit in a deal that has Sinclair paying out $60 million and transferring ownership of a station in Kentucky. The suit was initially a tiff between Sinclair and Tribune Media, one-time merger partners. The…

The overhaul of WGN America in anticipation of parent Tribune’s acquisition by Sinclair continues. Matt Cherniss, who oversaw WGNA’s transformation from a superstation to a cable network and home of high-end original drama series, will be stepping down at the end of the month. He has served as president and general…

Time is running out for WGN America’s only remaining original scripted series, Underground. While the praised drama has not been canceled, its future on the upstart cable network looks bleak. Official decision is expected next week. I hear at the time of WGNA’s cancellation of fellow sophomore drama Outsiders in…

UPDATED: Days after the CW unveiled to advertisers its 2016-17 lineup last Thursday, the network has closed a new deal with its biggest affiliate group, Tribune. The down-to-the wire new agreement assures that the CW will continue to be carried by the Tribune stations in 25% of the country, including the top two…

The CW yesterday unveiled to advertisers its most ambitious schedule yet, featuring 15 original scripted series, including high-profile transplant Supergirl. But ad buyers who want to book ads on the network for next fall, can currently do so for 2/3 of the country because the CW currently has no affiliate agreement…

The CW and its top affiliate group Tribune are going down to the wire on renewing their affiliate agreement, which is up in the fall. The good news is, the two sides — Tribune and the CW owners CBS and Warner Bros. — are talking. After the low point in the relationship in 2014 when Tribune Media CEO Peter Liguori made…

UPDATE: Fox Television Stations have extended the MyNetworkTV programming service for two more years, through the 2017-18 season, which is will be the net’s 12th. While this may be considered a formality between the two long-time partners — Fox TV Stations also gave the network a two-year pickup in fall 2013 — this…

Here we go again. After a couple of extensions, Tribune Broadcasting’s carriage agreement with AT&T U-Verse is set to expire Tuesday at 2 PM, and Tribune is warning its customers that the two sides are unlikely to make a deal before the deadline. Tribune’s Los Angeles station KTLA on Monday night ran a frequent “Final…

More than 150 TV stations run by Tribune Media, Tegna and Media General could disappear late Wednesday/early Thursday from Dish, DirecTV and U-Verse if carriage deals between the stations and system operators lapse. Each case appears to come down to price. At issue are Tribune Media’s agreements with AT&T U-Verse…

Craig Ferguson’s plans to do a syndicated half-hour first-run comedy/talk show  with Tribune Media appear to have unraveled. The recently exited CBS Late Late Show host planned to take his robot skeleton sidekick Geoff Peterson with him, along with Geoff’s voice Josh Robert Thompson, Ferguson’s pantomime horse…

Local television broadcasting companies Fox, Tribune Media and Univision have joined forces with Timeline Labs to announce NewCoin LLC, a data venture they say addresses deficiencies in local market television audience measurement. NewCoin will use the available data-gathering power and “emerging” technologies to…