Nexstar growing but also selling television stations

[WesL]

A know a few of you follow the ongoing soap opera that is television station acquisitions. A few months ago there was a big one. In a bit of a surprise, Nexstar Media Group acquired Tribune Media. (https://deadline.com/2019/03/tribune-company-shareholders-approve-acquisition-by-nexstar-1202574498/) Now that creates some problems in a lot of markets such as Huntsville were Nexstar owns WZDX 54 and Tribune owns WHNT 19. And so the dance began as Nexstar worked to sort out which stations it will keep and which stations it will sell. That list apparently has come out today and here is a recap of the 19 stations in 15 markets that are going to be sold.

 

[JayF]

Wow