Television broadcaster Nexstar Media Group, which owns WBRE and operates WYOU, the Wilkes-Barre/Scranton affiliates of NBC and CBS, is in advanced talks to acquire rival Tegna, the owner of WNEP, the ...

In filings with the FCC over the future of national network-local affiliate relations, Disney and other entertainment giants make their case for keeping the status quo.

Allen Media Group has hired the investment bank Moelis to market the 28 local stations it owns in an effort to reduce its debt. By Alex Weprin Senior Editor Allen’s Allen Media Group (AMG) says that ...

After spending more than $1 billion in the last six years to amass a total of 28 television stations in 21 markets, Allen Media Group founder Byron Allen is putting up a for-sale sign, tapping veteran ...

Aspiring media mogul Byron Allen sold off 10 local TV stations for $171 million as his struggling company unwinds its portfolio. Allen Media Group — which owns The Weather Channel — sold its ABC, NBC, ...

A new poll commissioned by the National Hispanic Media Coalition (NHMC) and Defend the Press Campaign found that large ...

Byron Allen is ready to exit the local television business. Allen, the founder and CEO of Allen Media Group, has made significant steps over the past few weeks with the goal of divesting his entire ...

Long a safe haven due to a reliable stream of retransmission fees and advertising dollars, local TV news stations are now facing a stark message as their industry faces the same financial pressures as ...

Gray Media and the E.W. Scripps Co., two of the largest U.S. owners of local TV stations, have engineered a swap of stations in five small and mid-sized markets. The move will create new duopolies, ...

Television powerhouse Nexstar Media announced on Aug. 19 that it has agreed to acquire Tegna, the company behind local Washington state TV stations such as KING in Seattle and KREM in Spokane, in a ...

Streaming video has rapidly become the most critical source of digital growth for local broadcast television. In 2024, Connected TV and over-the-top advertising surged to nearly 30% of all digital ...

Byron Allen is putting his local TV stations up for sale. Allen's Allen Media Group (AMG) says that it has hired the investment bank Moelis & Company to market its local stations, which are comprised ...