News

Parent company of ABC27, WTAJ and WBRE agrees to buy media group in $6.2B deal

Nexstar Media Group, the owner of ABC27, plans to purchase Tegna, the owner of FOX43. Nexstar announced on Tuesday that it plans to acquire all outstanding shares of Tegna for $22 per share in a cash ...

Judge issues injunction preventing Trump’s FTC from investigating watchdog Media Matters

A judge for the U.S. District Court in Washington has issued an injunction preventing the Trump administration's Federal ...

ABC staff to be shown the door if they 'undermine' national broadcaster's 'integrity' on social media, group chats

ABC employees have been warned they will lose their jobs if they undermine the “integrity” of the national broadcaster on ...
Reuters2y

Vice Media files for bankruptcy as ad business suffers

Vice Media Group, popular for websites such as Vice and Motherboard, filed for bankruptcy protection on Monday to engineer its sale to a group of lenders, capping years of financial difficulties ...

Judge Blocks F.T.C. Investigation of Media Matters

The agency began looking into the liberal watchdog group’s research critical of Elon Musk and his social media platform, X, ...
Portland Mercury1d

With a New Media Conglomerate on the Scene, Oregon’s News Landscape is Shrinking

When Carpenter Media Group purchased Pamplin Media Group, Austin White, then the Portland Tribune’s managing sports editor, ...
TipRanks on MSN4d

Asiaray Media Group Announces Positive Profit Turnaround

Asiaray Media Group Ltd. ( ($HK:1993) ) has shared an announcement. Asiaray Media Group Limited has issued a positive profit alert, indicating a ...

Nexstar makes $6.2B offer for Tegna; deal could affect 2 Sacramento TV stations

Nexstar Media, owner of Fox 40 (KTXL), announced Monday it plans to acquire Tegna, the parent company of ABC 10 (KXTV), in a ...