"This transaction is essential to sustaining strong local journalism in the communities we serve. The combined company will be better positioned to deliver exceptional journalism and local programming."
"To be clear, in an age of disinformation and political agendas, we are the anti-fake news."
"This merger was approved behind closed doors with no open process, raising concerns about transparency and the implications for local media."
Nexstar's $6.2 billion acquisition of Tegna has been approved by federal regulators, creating the largest owner of local TV stations in the U.S. The deal allows Nexstar to operate 265 stations across 44 states, along with the CW and NewsNation networks. The FCC waived ownership rules to facilitate the merger. Nexstar's CEO stated the transaction is vital for local journalism. However, some, including FCC Commissioner Anna Gomez, criticized the approval process as lacking transparency.
Read at Poynter
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