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Standard General’s deal to acquire Tegna may be about to reach a “midnight for Cinderella” moment, in the words of the company’s founder and managing partner, Soo Kim. Speaking at a press conference May 8 — alongside two big supporters: former Biden Administration senior adviser Cedric Richmond and former FCC Chief of Staff Adonis Hoffman — Kim […]
The Federal Communications Commission's Enforcement Bureau on Friday said that a May 10 meeting between executives from Standard General and Tegna and the agency's two Republican commissioners, Nathan Simington and Brendan Carr, to discuss the hedge fund's push for a full FCC vote on its proposed $8.6 billion takeover of TV station group Tegna was "highly usual."
Forward-Looking Statements This communication includes forward-looking statements within the meaning of the "safe harbor"... | May 10, 2023
Achieves record first quarter subscription revenue which reflects resiliency of Company’s business model following a record year for total company revenue, subscription revenue, net income, and... | May 10, 2023
Nexstar Media Group, which owns The CW and a large local TV station portfolio, is paying $35 million for independent station KUSI-TV (Channel 51) in San Diego.