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Nexstar ready to hook up with TEGNA?

TEGNA has reverted back to it's normal website with a note added to the bottom:

Stories That Matter. Brands That Deliver. | TEGNA

Our purpose is to serve the greater good of our communities with trustworthy, Impactful Journalism and Leading Marketing Solutions.
www.tegna.com www.tegna.com
TEGNA Inc. is a wholly owned subsidiary of Nexstar Media Group, Inc. (NASDAQ: NXST), operating independently of Nexstar consistent with the “Hold Separate Order” issued by the United States District Court for the Eastern District of California on April 17, 2026. TEGNA is a multiplatform media company operating 64 local television stations in 51 U.S. markets, and hundreds of websites, mobile and Connected TV (CTV) apps, and Premion, a leading Connected TV and Over-the-Top (OTT) advertising platform.
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Meanwhile Nexstar has updated their website to add TEGNA TV Stations and Network to Nexstar's Stations and Network list pages with this note on the stations page:
www.nexstar.tv

Nexstar Media Group, Inc. | Stations

www.nexstar.tv www.nexstar.tv
* Owned and operated by TEGNA Inc., a subsidiary of Nexstar.

* * Certain assets are separately held by TEGNA Inc. as a subsidiary of Nexstar.
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And this note on the Networks page:
www.nexstar.tv

Nexstar Media Group, Inc. | Networks

www.nexstar.tv www.nexstar.tv
*Certain assets are separately held by TEGNA Inc. as a subsidiary of Nexstar.
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powergate92 said:
Sounds like Nexstar might be losing it's CBS affiliation across stations at the end of month,
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Typically network affiliations are specific to individual stations, and that seems to be what's going on here.

Nexstar has access to NewsNation, and they may be preferring to use that for news instead of Newspath. But I doubt they will want to drop The Masters and the NFL.
 
TheBigA said:
Nexstar has access to NewsNation, and they may be preferring to use that for news instead of Newspath. But I doubt they will want to drop The Masters and the NFL.
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If I were guessing, somebody else in Albuquerque has offered CBS a better deal to carry its programming. CBS at least used to have a reputation for demanding high reverse comp fees upfront. That was how WISH-TV in Indianapolis lost its affiliation. It wanted to negotiate, and Tribune was willing to pay the asking price in-full for WTTV/WTTK.
 
Kent said:
If I were guessing, somebody else in Albuquerque has offered CBS a better deal to carry its programming. CBS at least used to have a reputation for demanding high reverse comp fees upfront. That was how WISH-TV in Indianapolis lost its affiliation. It wanted to negotiate, and Tribune was willing to pay the asking price in-full for WTTV/WTTK.
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Given that KRQE and KOB are literally across the street from each other, the rumors no doubt will be flying. CBS made a run at KOB about 40-45 years ago or so, but that was a different era. But I wouldn't see KOB or KOAT wanting to make a move now; both stations care about their news image and CBS's news image has been in sharp decline.

Any move with KRQE would also affect its Roswell and Four Corners full-power stations.
 
Kent said:
If I were guessing, somebody else in Albuquerque has offered CBS a better deal to carry its programming.
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I agree. Whatever it is, it's specific to that market. Nexstar has affiliations with all three networks. There has been some speculation that Nexstar might start its own network. Certainly with the kind of coverage they will have with Tegna, that's a possibility. But as far as I know they don't own a production studio along the lines of Paramount, Universal, or Disney. That's not to say they couldn't buy one or start one.
 
TheBigA said:
There has been some speculation that Nexstar might start its own network.
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Nexstar already has its own network. It owns the CW. Granted, it doesn't have much of its own infrastructure to create network programming, at least when compared to what the other networks offer, but I'd expect it to start trying to expand that at some point.

only1moore said:
The best bet is that KRQE jumping to NBC should KOB agree to take CBS. KOAT is too loyal to leave ABC.
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Keep-in-mind that this is the digital era. KOB and KOAT don't have to ditch their current affiliations to take CBS. Albuquerque has already seen that happen with KRQE acquiring KASA, moving Fox to 13.2, and spinning off Channel 2.
 
Kent said:
Keep-in-mind that this is the digital era. KOB and KOAT don't have to ditch their current affiliations to take CBS. Albuquerque has already seen that happen with KRQE acquiring KASA, moving Fox to 13.2, and spinning off Channel 2.
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Good point, and that is happening in a number of markets. The important thing is that both networks on the same signal should be in full HD, which might displace some other subchannels to free up bandwidth.
 


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