Judge pauses blockbuster #merger of TV station owners #Nexstar & #Tegna:

#DirecTV challenged it on #antitrust grounds~

Eight attorneys general also "filed a separate lawsuit on similar legal grounds."

The #Trump admin had given the mega merger a green light, waiving a rule "barring any single company from owning television stations that reach more than 39% of #US households.

"The combined entity would cover at least 60%." 👀

#USA #business #broadcasting #monopolies
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https://www.nbcnews.com/news/us-news/judge-pauses-merger-tv-station-owners-nexstar-tegna-rcna265626

Judge pauses blockbuster merger between TV station owners Nexstar and Tegna

A federal judge late Friday put a hold on the $6.2 billion merger between Nexstar Media Group and Tegna, a deal that would create the largest operator of local television stations in the country.U.S.

NBC News

Predictions are cable prices across the country will increase with consolidation in media/TV markets, and service providers (DirecTV) agree!

FCC approves the merger of local television giants Nexstar and Tegna, the same day that two lawsuits trying to block the deal were announced.

The $6.2B deal will create a company that owns 265 television stations in 44 states and the District of Columbia, most of them local affiliates of ABC, CBS, Fox and NBC.

The Lawsuit argues the merger has run afoul of federal laws designed to protect against monopolies, and was filed in California, Colorado, Connecticut, Illinois, New York, North Carolina, Oregon and Virginia. https://apnews.com/article/nextstar-tegna-television-regulation-lawsuit-a6fa29ed77fec7fbd4461a4988dd6730 #TV #Cable #Television #Nexstar #Tegna #FCC #Media #Lawsuit #MediaMerger #AntiTrust #ABC #CBS #NBC #FOX #DirecTV #CableTV #Monopolies

DirecTV Sues to Block Nexstar-Tegna Local TV Deal on Heels of Antitrust Lawsuit From 8 States: ‘DirecTV and Its Subscribers Will End Up Paying More for Less’
#Variety #News #DirecTV #NexstarMedia #Tegna

https://variety.com/2026/tv/news/directv-sues-block-nexstar-tegna-deal-1236693478/

DirecTV Sues to Block Nexstar-Tegna Local TV Deal

DirecTV filed a federal antitrust alleging that the proposed $6.2 billion Nexstar Media deal to buy rival Tegna violates the federal antitrust laws — and would significantly harm consumers.

Variety
Nexstar-Tegna Merger Faces Another Antitrust Lawsuit As DirecTV Sues To Block Transaction

The satellite company's lawsuit follows one filed by state attorneys general.

Deadline