It was not a hostile takeover. Both TEGNA and Nexstar were willing participants in the merger.
A hostile takeover is where one company buys out the stock of another company over the objections of the target company’s management. The shareholders, not management, decide the company’s fate.
You have that backwards. Gatehouse bought out Gannett. The resultant merged company took the Gannett name, which created the misunderstanding.
And the version of Gannett that was purchased by Gatehouse was itself a publishing company that was spun off from the original Gannett in 2015. That “new” company took the legacy Gannett name, while the remaining legacy broadcast company was rebranded as TEGNA.
So the last version of Gannett was actually the “new, new Gannett” before the name change.
Newspapers were already dying long before the Gatehouse takeover. This is just extending the wake.
TEGNA and broadcast TV would still be on the ropes without the Nexstar merger.
Meanwhile, one could see Nexstar looking at stations being taken off the air and move the programming and branding to the DTs.
There is a lawsuit, according to the newscasts I watch.Wonder what may happen in Charlotte? Nexstar owns WJZY-FOX46 and WMYT-CW55 with a shared signal, and has now acquired TEGNA NBC affiliate WCNC channel 36. Will a divestiture be required here? Or will they combine news operations of WJZY and WCNC under their Queen City News brand?
I guess many are in the denial phase of the stages of grief.![]()
As Nexstar Comes In.... — FTVLive
As Nexstar takes over her station, she makes a move that I don’t think many will blame her and others will envy the move…www.ftvlive.com
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The Email from Uncle Perry — FTVLive
Welcome to the demise of local Journalism as we know it….www.ftvlive.com
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The Duopoly Era is Here—DOJ, FCC Greenlight Nexstar-Tegna Merger — FTVLive
Will this be known as the day local TV news died?www.ftvlive.com
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News Boss Stepping Down in Nashville — FTVLive
As the Nexstar/Tegna deal draws closer to being done, this News Director has planned his exit.www.ftvlive.com
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O-Town Anchor Resurfaces in Smaller Market — FTVLive
She left Florida last year, but now, she’s resurfaced in Texas…www.ftvlive.com
Here is the roundup of the staff changes at Nexstar stations during the time of the merger with Tegna.
This is Nexstar admitting they even know in the back of their heads that this could all fall apart![]()
Nexstar to operate TEGNA as subsidiary business while lawsuits proceed
The move will allow Nexstar to spin-out TEGNA if lawsuits are successful; on Monday, Newsmax and several broadband groups filed a request for a preliminary injunction.thedesk.net
OK Tegna still exists but it’s the same way why mission broadcasting exists mainly as a license holder for Nexstar.
Huh? Not only was KDKA-TV not the first TV station in the country (it had been Dumont's WDTV Channel 3 before being sold to Westinghouse, the first nail in the coffin for the Dumont Network), but CBS didn't put the first TV station on the air anywhere. It was the second, after NBC, in NYC on 7/1/1941 by about an hour due to technical difficulties. One might say that they, as W2XAB, aired entertainment programming in NYC before NBC in the mechanical era, but that's it.From FTVLive: CBS has the prestige of being the first TV station in the country. Also, CBS parent company Paramount is looking to pay down a large debt. Don’t be surprised if they would not joyfully sell the station.
Nexstar & TEGNA deal was rushed in my opinion and Nexstar should've had to at least sell 13 or 15 TV stations in my opinion. Nexstar is safe with The Twin Cities, ATL, PHX etc, as they weren't in those markets. And I'm fine with Nexstar buying WZZM and making it a sole ABC station as I believe that WOTV will become The CW and be on a main channel as it has been a subchannel since 2006. I don't see the courts unwinding this deal at most will have sell more TV stations and maybe a fine but that will be about it in my opinion.
True Some of this has to also be back when KCBS/KFRC-FM San Francisco had promos in 2009 saying they were the first radio station in California on their 100th anniversary. Yes their ownership history is traced back to Doc Herrold when he formed the station that became KQW San Jose/KCBS San Francisco in 1909. But CBS didn't own KQW/KCBS until 1949. In San Francisco CBS Radio affiliations were on KFRC(AM) and KSFO(AM) prior to 1949. Yes I mean there are two stations owned by Audacy who carry the claim "First Radio Station status." KDKA-AM and KCBS-AM which were at one point owned by CBS directly prior to 2017.Huh? Not only was KDKA-TV not the first TV station in the country (it had been Dumont's WDTV Channel 3 before being sold to Westinghouse, the first nail in the coffin for the Dumont Network), but CBS didn't put the first TV station on the air anywhere. It was the second, after NBC, in NYC on 7/1/1941 by about an hour due to technical difficulties. One might say that they, as W2XAB, aired entertainment programming in NYC before NBC in the mechanical era, but that's it.
bayarearadio.org
bayarearadio.org
Commercially licensed. KQV is older. Was it licensed?True and also KDKA-AM is notable for being the first licensed radio station in Pennsylvania.
It's like how it was in Des Moines/Ames Iowa. WOI was the first network to launch in the area and it carried all the 4 national networks but its main affiliate was NBC when it launched in 1950 which now is an ABC affiliate. WHO 13 then signed on in 1954 taking the NBC brand while WOI shifted to ABC as its main affiliate. The affiliate KRNT 8 now known as KCCI 8 came on in 1955 taking the CBS affiliate.Huh? Not only was KDKA-TV not the first TV station in the country (it had been Dumont's WDTV Channel 3 before being sold to Westinghouse, the first nail in the coffin for the Dumont Network), but CBS didn't put the first TV station on the air anywhere. It was the second, after NBC, in NYC on 7/1/1941 by about an hour due to technical difficulties. One might say that they, as W2XAB, aired entertainment programming in NYC before NBC in the mechanical era, but that's it.