Nexstar Starts to Undo Its Merger With Tegna's ABC, CBS, FOX, & NBC After Judge's Order
| Cord Cutters News • • business
Key Points:
- Nexstar Media Group has restored the original Tegna logos across dozens of local TV stations following a federal judge's ruling blocking their proposed $7.5 billion merger.
- The merger, which would have combined Nexstar’s 200+ stations with Tegna’s 65 outlets, was halted due to concerns over reduced competition and excessive local advertising market share.
- Tegna stations in major cities like Atlanta, Dallas, and Phoenix reverted to their original branding on signage, digital platforms, and on-air graphics after the court order.
- The judge's decision requires both companies to maintain separate operations and branding until appeals are resolved or the deal is formally abandoned.
- Nexstar continues to operate its own station group independently and retains ownership of Tegna stations but must keep them separate during the ongoing legal process.
