(WJBF) – WJBF’s parent company, Nexstar Media Group, is expected to buy TEGNA Inc., another media company with over 60 TV stations across the country.
In a press release sent out Tuesday morning, upon closing the deal, Nexstar will own or operate 265 local television stations across 44 states. Click here to see what stations are currently owned by TEGNA Inc.
What does this mean for you? Glad, you asked.
That means that WJBF will have more content to bring to you. That includes local and national news, online, social media, and streaming programs.
Nexstar’s Chairman and Chief Executive Officer, Perry A. Sook, said, “The initiatives being pursued by the Trump administration offer local broadcasters the opportunity to expand reach, level the playing field, and compete more effectively with the Big Tech and legacy Big Media companies that have unchecked reach and vast financial resources. We believe TEGNA represents the best option for Nexstar to act on this opportunity. TEGNA is a premier operator with high quality local television stations primarily in the top 75 DMAs. We and TEGNA are similarly dedicated to providing communities of all sizes with the best programming and fact-based local journalism along with innovative digital products and marketing solutions for local viewers and advertisers. The transaction will increase Nexstar’s reach through the expansion of our presence in important DMAs such as Atlanta, Phoenix, Seattle, and Minneapolis, as well as enhance our local presence, enabling us to continue to provide the core local news and programming that is in the public’s interest.”
The $6.2 billions deal is supposed to be completed by the second half of 2026.
