Next Rising Star

Submitted by ub on Mon, 12/03/2018 - 09:34

Texas-based Nexstar may become the nation's largest local TV station owner after announcing a $6.4 billion deal to acquire Tribune's 42 stations. This deal now creates the largest commercial TV Broadcaster in the #USA.

The CEO's kindler, gentler approach towards the FCC and other regulators will see an intensified public relations blitz in securing federal approval of the Texas-sized takeover.

The publicly traded telecommunications company consists of 91 television stations across America, most of which are affiliated with one of the four major US television networks located in small to medium-sized markets. The group also operates all of the stations owned by Mission Broadcasting, under local marketing agreements. As they like to say, don't mess with Texas.

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