Nexstar to 9th Circuit: Blocking Tegna Deal Causes ‘Severe Harm’
Nexstar Media Group has appealed a federal court injunction that is preventing it from fully integrating with Tegna, arguing that the delay is causing "unrecoverable lost operational efficiencies exceeding tens of millions of dollars." The appeal to the 9th U.S. Circuit Court of Appeals claims the injunction is too broad and hinders Nexstar's ability to implement technological improvements and cost reductions, thereby damaging both the company and local news services. Nexstar seeks urgent relief to narrow the injunction to reflect the actual harms alleged by plaintiffs.
Nexstar Slams Judge’s Injunction Pausing Tegna Merger in Expedited Appeal Request: 'Inflicts Unrecoverable Harm'
Nexstar has requested an expedited appeal to challenge a federal judge's preliminary injunction that halted its $6.2 billion merger with Tegna, arguing the injunction inflicts "unrecoverable harm" and risks Tegna's survival. The company claims the injunction is overly broad and misrepresents the modern media landscape, hindering broadcasters' ability to compete against large tech companies. Nexstar plans to challenge the lawsuit filed by DirecTV and state attorneys general in court, asserting that the full evidentiary record will ultimately defeat the plaintiffs' claims.
Nexstar Asks Appeals Court To Fast-Track Its Tegna Merger Fight
Nexstar is asking an appeals court to fast-track its challenge to an order that temporarily blocked its $6.2 billion merger with Tegna. The company argues that the delay is costing it millions, while states and DirecTV warn the merger could lead to fewer local voices and higher TV bills. This legal battle highlights how state intervention can prolong deal approvals, potentially impacting the financial viability and strategic planning of mergers, and could make other media consolidators more cautious.
Public-Interest Groups Urges D.C. Circuit to Halt Nexstar/Tegna Merger
A coalition of public-interest groups has filed a motion with the U.S. Court of Appeals for the D.C. Circuit, demanding it halt the Nexstar/Tegna merger and compel the FCC to review their petition. The groups argue that the FCC's Media Bureau unlawfully approved the merger and that Nexstar is trying to finalize the deal without proper judicial review. They contend that the merger would allow Nexstar to exceed national ownership limits, leading to broadcast television monopolies and limiting options in local markets.
Gray Media Names Joanie Vasiliadis SVP of Transformation
Gray Media has appointed Joanie Vasiliadis as its new Senior Vice President for Transformation, effective June 1, 2026. In this role, Vasiliadis will lead the acceleration of the company's digital transformation initiatives across content gathering, creation, workflow, and distribution. She brings extensive experience from Tegna, where she served as Vice President of Content, focusing on digital, streaming, and broadcast platforms.
Vasiliadis Joins Gray Media From TEGNA For Key Newsroom Role
Gray Media has appointed a new Senior Vice President for Transformation, a role created to accelerate the company's digital transformation efforts in content gathering, creation, workflow, and distribution. This new executive, formerly from TEGNA, will begin her position on June 1. The article highlights a key strategic move by Gray Media to enhance its digital capabilities.
TEGNA content leader to drive digital transformation at Gray local TV group
Gray Media (NYSE: GTN) has appointed Joanie Vasiliadis as Senior Vice President for Transformation, effective June 1, 2026. She will lead the acceleration of digital transformation in content gathering, workflow, and distribution, leveraging her extensive experience from TEGNA where she oversaw content strategy for 64 brands. This strategic hire underscores Gray Media's commitment to modernizing its newsrooms and expanding its digital presence.
Nexstar CEO Perry Sook Says Legal Battle Over Tegna Merger Is “A Fight Worth Having”
Nexstar CEO Perry Sook stated that the legal battle surrounding the company's $6.2 billion merger with Tegna is "a fight worth having," despite a federal judge temporarily halting the deal. The merger, which would give Nexstar reach to 80% of U.S. households, faces challenges from DirecTV, state attorneys general, and other industry groups who claim it would create a monopoly. Sook expressed confidence in Nexstar's arguments, emphasizing that a stronger local broadcast industry is in the public's best interest, especially against the backdrop of global tech giants.
Nexstar Q1 Revenue Hits Record After Tegna Deal
Nexstar Media Group reported record first-quarter net revenue of $1.40 billion due to its acquisition of Tegna Inc. and increased advertising and distribution revenue. The company’s net income rose by 64.9% to $160 million, largely driven by the Tegna acquisition and higher political ad revenue. Despite legal challenges to the Tegna deal, Nexstar continues to focus on local journalism and has shown growth in NewsNation and The CW's move towards profitability with new sports programming.
Nexstar Media Group Reports First Quarter Results
Nexstar Media Group reported record first-quarter net revenue of $1.40 billion due to the acquisition of TEGNA and increased advertising and distribution revenue. The company closed its acquisition of TEGNA Inc. on March 19, 2026, positioning itself to better compete with larger media entities. Nexstar returned $56 million to shareholders in dividends and repaid $182 million of debt, while also highlighting NewsNation's growth and The CW Network's path to profitability.
FCC To D.C. Circuit: You Lack Jurisdiction In Nexstar/TEGNA Battle
The FCC is arguing to the D.C. Circuit that it lacks jurisdiction in the ongoing legal battle concerning the Nexstar Media Group and TEGNA merger. Nexstar is defending the deal, which received waivers from then-FCC Media Bureau Chief Erin Boone allowing it to exceed national ownership limits, against a California court's preliminary injunction and the D.C. Circuit's review. The FCC's stance potentially positions the Commission as an ally for Nexstar in this legal challenge.
Oregon AG fights Nexstar-Tegna Merger
Oregon Attorney General Dan Rayfield has joined a bipartisan coalition of 12 other attorneys general in filing an amended complaint against the Nexstar Media Group and Tegna merger. The lawsuit aims to block the $6.2 billion deal, which is expected to create the largest broadcast station group in the U.S., raising concerns about reduced competition, job losses, increased cable bills, and control over news content. A preliminary injunction has already halted the merger while litigation proceeds.
Tangible book value per share of TEGNA, Inc. – LS:A14VMF
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PA Attorney General joins lawsuit challenging Nexstar-TEGNA merger, citing impact on NEPA
Pennsylvania Attorney General Dave Sunday has joined a multi-state lawsuit to block the merger between Nexstar Media Group and TEGNA, two major television broadcasting companies. The lawsuit argues that the merger would reduce competition, limit television choices, and increase costs for viewers, particularly in regions like Scranton/Wilkes-Barre and Harrisburg. Federal regulators had approved the acquisition, but a judge has temporarily halted it while the legal challenge, based on antitrust concerns, proceeds.
PA Attorney General joins lawsuit challenging Nexstar-TEGNA merger, citing impact on NEPA
Pennsylvania Attorney General Dave Sunday has joined a multi-state lawsuit to block the merger of Nexstar Media Group and TEGNA, two major television broadcasting companies. Officials argue the merger could reduce competition, limit television choices, and increase costs for viewers, particularly in northeastern Pennsylvania. Despite federal approval earlier this year, a judge has temporarily halted the merger while the legal challenge, citing antitrust concerns, proceeds.
Bipartisan Lawsuit Against Nexstar-Tegna Merger Expands to 13 States as of May 2026 - News and Statistics
Five additional states—Indiana, Kansas, Massachusetts, Pennsylvania, and Vermont—have joined a federal antitrust lawsuit led by California Attorney General Rob Bonta to block the proposed Nexstar-Tegna merger, bringing the total to 13 states. This bipartisan effort, including Republican attorneys general from Indiana and Kansas, argues the merger is illegal, would lead to increased prices, journalist layoffs, and media dominance. A federal judge has already issued a preliminary injunction pausing the deal, despite approvals from the FCC and Justice Department, and public support from President Donald Trump.
More State Attorneys General Join Antitrust Lawsuit Against Nexstar-Tegna Merger
Five additional state attorneys general, including some Republicans, have joined an antitrust lawsuit challenging the $6.2 billion merger of Nexstar and Tegna. The transaction, which already received FCC and DOJ approval, is currently frozen by a federal judge's order. While Nexstar plans to appeal, Ohio has reached a separate settlement with Nexstar regarding local news programming.
Five states join lawsuit to block Nexstar-Tegna deal (NXST:NASDAQ)
Five additional states—Indiana, Kansas, Massachusetts, Pennsylvania, and Vermont—have joined an existing federal antitrust lawsuit to block the proposed integration of Nexstar Media and Tegna. This action was announced by the California Attorney, indicating growing legal opposition to the merger on antitrust grounds.
Massachusetts joins challenge to broadcast mega merger
Massachusetts Attorney General Andrea Campbell and her counterparts from over a dozen other states are challenging the proposed $6.2 billion merger between Nexstar and TEGNA. They argue the deal, involving the nation's largest and third-largest television station conglomerates, is unlawful and would lead to higher cable TV bills for consumers already facing rising living costs. The states' lawsuit, which now includes Massachusetts, Indiana, Kansas, Pennsylvania, and Vermont, has been consolidated with a related challenge filed by DIRECTV.
13 states join antitrust lawsuit to block Nexstar-Tegna merger
Thirteen states have joined an antitrust lawsuit aiming to block the proposed merger between Nexstar Media Group and Tegna Inc. This action signifies growing concerns among state attorneys general regarding potential negative impacts on market competition and consumer choice in the broadcast industry. The lawsuit seeks to prevent the consolidation of these major media companies, citing antitrust grounds.
WJW and WKYC will keep separate news organizations under Ohio AG deal with Nexstar over Tegna acquisition
Ohio Attorney General Dave Yost has reached an agreement with Nexstar Media Group regarding its proposed $6.2 billion acquisition of Tegna. Under the memorandum of understanding, Nexstar commits to maintaining separate news organizations, editorial independence, and current levels of local programming for WKYC in Cleveland and WBNS in Columbus through 2030, should the merger proceed. This agreement comes as the merger faces a legal challenge, with a federal judge having halted the integration of the two companies due to antitrust concerns.
AG Kobach joins lawsuit seeking to prevent Nexstar-Tegna media merger
Kansas Attorney General Kobach has joined a lawsuit aimed at preventing the proposed merger between media companies Nexstar and Tegna. This action highlights concerns about media consolidation. The article also lists other news updates from the same publication.
Republican AGs Join Nexstar/Tegna Antitrust Suit
Five additional Attorneys General, including two Republicans, have joined the antitrust lawsuit against the proposed $6.2 billion Nexstar/Tegna merger, bringing the total number of plaintiff states to thirteen. The AGs have filed an amended complaint in federal court, after the merger, though approved by the FCC and DOJ, was halted by a preliminary injunction. This legal challenge aims to prevent Nexstar and Tegna from gaining excessive control that could lead to higher prices, job losses for journalists, and dominance over the media landscape.
GOP state attorneys general join suit to stop Nexstar-Tegna deal
A group of Republican state attorneys general has joined a lawsuit aiming to block the proposed merger between Nexstar Media Group and Tegna Inc. This action indicates increasing regulatory scrutiny and bipartisan concern over media consolidation within local markets. The lawsuit seeks to prevent the deal, arguing it could reduce competition and harm consumers.
5 States Join Bid To Block $6.2B Nexstar-Tegna Merger
Five additional states have joined a legal challenge against Nexstar Media Group Inc.'s proposed $6.2 billion merger with Tegna Inc. The amended antitrust complaint alleges that the currently frozen deal would reduce consumer choice for local news and diminish diversity in news coverage. This action expands the coalition of states seeking to block the acquisition.
Nexstar-Tegna antitrust lawsuit now bipartisan, Nexstar fires back
The antitrust lawsuit against the Nexstar-Tegna $6.1 billion merger has expanded to include five new states: Indiana, Kansas, Massachusetts, Pennsylvania, and Vermont, making the effort bipartisan. Nexstar Media Group has criticized the attorneys general for not understanding the challenges local news faces, including the rise of big tech platforms. Nexstar has also reached an agreement with Ohio's Attorney General, Dave Yost, committing to maintaining local news standards and editorial independence in exchange for Ohio not joining the antitrust claims.
D.C. Court Denies Emergency Stay of Nexstar/Tegna Merger
The D.C. Court of Appeals denied an emergency motion to stay the $6.2 billion Nexstar/Tegna merger, filed by broadband associations, DirecTV, and Newsmax. The court cited a preliminary injunction granted earlier in California that already reduced the "potential harm" to those trying to block the deal. Furthermore, the appellants did not satisfy the stringent requirements for a stay, specifically regarding jurisdiction and prematurity, as an application for review is still pending before the FCC.
TEGNA, Inc. Financial Disclosures & Filings
This page provides access to TEGNA, Inc.'s financial disclosures and filings, including earnings reports, 8-K earnings releases, and 10-K and 10-Q reports. It covers historical data from 2014 through projected filings for 2025, offering insights into the company's performance and strategy for investors.
California AG sues to block $6.2B Nexstar-Tegna merger
California's Attorney General has filed a lawsuit to block the proposed $6.2 billion merger between Nexstar Media Group and Tegna Inc. The AG argues that the acquisition would harm consumers by reducing competition in the television broadcasting market, leading to higher prices and fewer options for viewers. This legal challenge adds significant regulatory hurdles to the completion of the major media consolidation deal.
Nexstar appeals ruling blocking $6.2B Tegna merger in federal court
Nexstar Media Group has filed an appeal in federal court after a judge in Sacramento blocked its $6.2 billion merger with Tegna. The appeal comes in response to an ongoing antitrust lawsuit that has prevented the completion of the acquisition. The article does not provide further details on the lawsuit or the specific grounds for the appeal.
Nexstar CEO Perry Sook Rips DirecTV For Its Opposition Of Tegna Deal
Nexstar CEO Perry Sook criticized DirecTV for its opposition to the proposed $6.2 billion merger with Tegna, following a federal judge's decision to block the deal. Sook argued that large tech companies like Amazon and Google are the true "behemoths" in the media landscape, not Nexstar, and accused DirecTV of trying to weaken companies it negotiates with. He also suggested that the involvement of several state attorneys general in the lawsuit was a "cynical ploy" in an election year and predicted that only "two or three companies" will eventually control local TV.
Attorney General Raoul Secures Critical Win As Court Orders Halt In Nextstar, Tegna Merger
Attorney General Kwame Raoul announced a critical win as the U.S. District Court for the Eastern District of California granted a preliminary injunction, halting the proposed merger between Tegna Inc. and Nexstar Media Group, Inc. This decision comes after Raoul and a coalition of eight attorneys general filed a lawsuit to block the deal, arguing it would lead to reduced competition, increased prices for consumers, and negative impacts on local news journalism. The court's order allows the litigation against the merger to proceed, aiming to prevent the creation of a broadcast television giant that would control an unprecedented share of content.
Nexstar-Tegna Deal Questions Largely Dodged By FCC Media Bureau Officials At NAB Show Panel
FCC Media Bureau officials at an NAB Show panel largely dodged questions regarding the controversial Nexstar-Tegna merger, which has faced a federal judge's injunction despite FCC and DOJ approval. Despite widespread interest and ongoing legal battles, officials cited active proceedings as reasons for not commenting extensively on the $6.2 billion deal's substance or the FCC's authority in changing broadcast ownership caps. The discussions highlighted the complexities and political sensitivities surrounding major media consolidations and regulatory oversight.
WGN parent’s merger plans on hold until final court ruling, judge says
A judge has halted the merger plans of Nexstar, parent company of WGN and NewsNation, with Tegna until a final court ruling is made. This decision stems from a Bloomberg report on April 20, 2026, indicating that the acquisition is pending legal resolution.
Federal judge blocks $6 billion Nexstar-Tegna TV merger
A federal judge has blocked the $6 billion merger between Nexstar and Tegna until an antitrust lawsuit, brought by DirecTV and eight state attorneys general, is resolved. The judge found that the plaintiffs are likely to succeed in their legal effort to prevent the merger, which they argue would raise prices for consumers and harm local journalism. Nexstar, which had already closed the transaction and stated its intention to appeal, would control 265 stations across 44 states and the District of Columbia if the merger were to proceed.
Judge Issues Preliminary Injunction Against Nexstar’s Tegna Takeover, Orders Nexstar to Halt Integration Plans
A federal judge has issued a preliminary injunction against Nexstar's acquisition of Tegna TV stations, siding with DirecTV's argument that integrating Tegna's stations could cause "irreparable harm." The ruling strengthens a previous temporary restraining order, forcing Nexstar to halt all integration efforts and addresses concerns about the merger's impact on local news and retransmission consent rates. Nexstar plans to appeal the decision, while DirecTV and several state attorneys general laud the ruling as a win for consumers and competition.
Nexstar says it will appeal following U.S. judge ruling halting Tegna merger
Nexstar announced it will appeal a federal judge's preliminary injunction that halted its $3.54 billion acquisition of Tegna. The judge ruled that plaintiffs, including DirecTV and eight states, are likely to succeed on claims that the merger would substantially lessen competition in many local television markets. Despite the ruling, the deal had already closed after receiving approval from the Justice Department and FCC, and Nexstar maintains the merger will strengthen local stations and support journalism.
Federal judge blocks Nexstar-Tegna TV station merger until antitrust lawsuit is settled
A federal judge has issued a preliminary injunction to block the proposed $6.2 billion merger between Nexstar Media Group and Tegna, citing potential "irreparable harm" to DirecTV and eight states, including Colorado. The judge's ruling indicates that the plaintiffs are likely to succeed in their antitrust lawsuit, which argues that the merger would lead to job cuts, decreased quality of local news, and increased retransmission fees for consumers. The injunction will keep the companies separate while the antitrust case proceeds in court.
Federal judge blocks politically fraught TV station merger
A federal judge in California has blocked Nexstar's acquisition of Tegna, siding with Democratic state attorneys general and DirecTV who argued the merger would violate antitrust laws. The ruling is a significant setback for Nexstar, which had lobbied for the deal and received presidential approval, highlighting a divide between federal and state antitrust enforcers. Nexstar plans to appeal the preliminary injunction.
Judge Extends Temporary Order Halting Nexstar-Tegna Merger
A federal judge has extended a temporary order preventing Nexstar Media Group's $5.4 billion acquisition of Tegna Inc. for another week, as the court considers a preliminary injunction. The Department of Justice filed an antitrust lawsuit, arguing the merger would reduce competition and impact local TV news. This case highlights ongoing scrutiny of media consolidation and could set a precedent for future broadcast mergers.
Judge extends restraining order on $6.2 billion Nexstar-Tegna merger
A federal judge has extended an emergency restraining order for one week on the $6.2 billion merger between Nexstar and Tegna. Eight state attorneys general and DirecTV are opposing the deal, arguing it would increase TV costs and reduce local news coverage. The merger, already approved by the FCC, would create a company owning 265 television stations across 44 states.
Federal judge in California extends temporary restraining order on Nexstar-Tegna merger
A federal judge in California has extended the temporary restraining order on the merger between Nexstar Media Group and Tegna for an additional seven days, until April 17. The judge needs more time to decide if a longer injunction is required for the $6.2 billion deal. This merger would create the largest operator of local television stations in the U.S., but faces opposition from eight state attorneys general and DirecTV, who argue it violates antitrust laws, despite approvals from the FCC, DOJ, and public backing from former President Donald Trump.
Nexstar, Tegna deal has restraining order extended by judge
A federal judge has extended a temporary restraining order on the $6.2 billion merger between Nexstar Media Group and Tegna Inc. until April 17. The extension allows the judge more time to decide on a longer preliminary injunction requested by eight state attorneys general and DirecTV, who argue the merger would increase consumer prices and harm local journalism. Nexstar claims the deal will expand local journalism, and the approved merger by the FCC would create a company owning 265 television stations across 44 states, requiring Nexstar to divest six stations, including KNWA in Northwest Arkansas.
US judge extends temporary order halting Nexstar, Tegna merger
A U.S. judge has extended a temporary order freezing Nexstar's acquisition of Tegna for another week, as he considers whether to issue a preliminary injunction. This decision comes after DirecTV and eight states filed antitrust lawsuits, arguing the merger would increase consumer costs, reduce local competition, and negatively impact local news and sports broadcasting. Nexstar defends the deal, stating that larger size is critical to protect local broadcast news.
Federal Judge extends temporary restraining order slowing Tegna-Nexstar merger another week
A federal judge in California has extended a temporary restraining order (TRO) against the Tegna-Nexstar merger for another week, indicating a possible injunction to keep the companies separate during an antitrust lawsuit. Lawyers for eight states and DirecTV argue the merger would harm competition, local journalism, and lead to higher prices. Nexstar is allowed to manage debt and maintain Tegna's day-to-day operations, but cannot appoint its own employees as Tegna officers.
Federal judge extends restraining order on $6.2B merger of local TV giants Nexstar and Tegna
A federal judge has extended a temporary restraining order on the proposed $6.2 billion merger between Nexstar Media Group and Tegna for one week to allow more time to decide on a longer block. Eight state attorneys general and DirecTV are suing to prevent the merger, citing concerns about increased consumer prices and harm to local journalism. Nexstar argues the deal will expand, not reduce, local journalism and programming.
Judge in Nexstar case ponders US FCC analysis of Tegna merger
A federal judge is considering whether to issue a preliminary injunction to block the integration of Nexstar and Tegna amidst a dispute between US states and the federal government. While the FCC approved the merger citing benefits to competition, localism, and diversity, eight states argue in court that the deal will harm competition and consumers. The judge is now weighing the FCC's analysis in contrast with the states' concerns.
Dimensional Fund Advisors (TGNA) lists 0 shares; adviser disclaims ownership
Dimensional Fund Advisors has filed an amended Schedule 13G/A for TEGNA Inc. (TGNA), reporting beneficial ownership of 0 shares and disclaiming direct ownership. The filing clarifies that the shares are owned by investment funds advised or sub-advised by Dimensional, not by Dimensional itself. This indicates an advisory role rather than a direct stake in TEGNA.
Nexstar, Tegna spar with merger challengers over content of potential injunction
TV channel operators Nexstar Media Group and Tegna, Inc. are actively opposing efforts by deal opponents to impose a restrictive preliminary injunction. This injunction would prevent cost reductions at Tegna and collaboration on fee negotiations, stemming from a temporary restraining order that followed their merger's technical closure. The companies are fighting to limit the scope of the injunction as they navigate post-merger integration.
Union Coalition ‘Challenges’ FCC Approval Of Nexstar’s ‘Takeover Attempt’ Of TEGNA
A coalition including The NewsGuild-CWA, Communications Workers of America, and other groups is appealing the FCC's approval of Nexstar Media Group's acquisition of TEGNA Incorporated. They are seeking an emergency stay, arguing that the merger would grant Nexstar excessive control over U.S. television households, violate national reach caps, and negatively impact local news, jobs, and wages. Union leaders contend that the FCC's partisan decision prioritizes corporate interests over the American public and democratic principles.
