Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Nexstar Media Group Inc"


4 mentions found


Sept 14 (Reuters) - Walt Disney Co (DIS.N) has held exploratory discussions about selling its U.S. TV network ABC to regional TV station operator Nexstar Media Group Inc (NXST.O), people familiar with the matter said on Thursday. Nexstar's interest is preliminary and may not lead to any deal, one of the sources said. Nexstar and Disney did not immediately respond to requests for comment. Disney's ABC comprises a national television network and eight regional stations. It also has affiliation agreements with about 240 local television stations reaching almost all U.S. television households.
Persons: Bob Iger, Michael Eisner, Dawan Chmielewski, Akash Sriram, Josie Kao Organizations: Walt Disney Co, U.S ., ABC, TV, Nexstar Media Group Inc, Disney, Nexstar, Bloomberg News, Capital Cities, Thomson Locations: Los Angeles, Bengaluru
March 14 (Reuters) - Satellite provider DirecTV on Tuesday sued Nexstar Media Group Inc (NXST.O) and two other television station owners in Manhattan federal court, claiming they violated antitrust law by scheming to drive up retransmission fees for stations broadcasting the four major networks. Pay-TV providers pay retransmission fees to station owners to broadcast their content. Twenty-seven stations owned by Mission and White Knight have been unavailable for DirecTV customers since October 2022 after they failed to agree on retransmission fees. Nexstar is expected to renegotiate its retransmission agreements with DirecTV, which is 70% owned by AT&T, possibly by later this year. The lawsuit said that by conspiring to set retransmission fees, the station groups forced providers and their customers "to pay supracompetitive prices or lose access to the most popular broadcast television programming."
LIV Golf, the controversial Saudi-funded golf tour that launched last year and has signed stars such as Phil Mickelson and Dustin Johnson, finally has a television home in the United States. Nexstar Media Group Inc. said it reached a multiyear deal with LIV Golf to broadcast the league on its CW Network, the broadcast network it acquired majority control of last year.
A Los Angeles television station parted with a popular anchorman after he went on air to criticize management's handling of a colleague's departure, officials said Friday. What the viewers experienced was rude, it was cruel, it was inappropriate and we are so sorry," Mester told viewers in an emotional nearly four-minute testament to his former co-worker. "I also want to say sorry to Lynette Romero. "After 24 years, Lynette Romero has decided to move on from anchoring our weekend morning news. KTLA did not say if Romero had secured another job, and she could not be reached for comment on Friday.
Total: 4