To close the deal, Nexstar will need approval from the Federal Communications Commission, which could cement its position as the biggest provider of local TV in the U.S.
Category: Media
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The Race to Rescue PBS and NPR Stations
The Knight Foundation and other top organizations are aiming to provide $50 million to stabilize the stations most at risk from the recent federal government funding cuts.
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Why Did Shari Redstone Give Up Control of Paramount?
The media mogul spoke at length for the first time about selling her family’s empire, Paramount’s settlement with President Trump — and getting her reputation battered along the way.
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Paramount Strikes Seven-Year Deal to Stream UFC Fights
The seven-year $7.7 billion deal is an early win for the company’s new chairman, David Ellison, who took over last week. CBS will also show some marquee fights.
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What Will Be the Next Big Media Deal?
As Skydance completes its acquisition of Paramount, the stage is set for more deal making in the crowded streaming wars.
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Skydance Takes Over Paramount, and a New Era Begins
The merger catapults new power players to the top of Hollywood and ends a tortuous process that has lasted well over a year.
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How Will David Ellison Tackle the Big Problems at Paramount?
The cable business has cratered. The news division is in turmoil. A.I. is coming for movies. And those are just the obvious challenges.
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How Will David Ellison Tackle the Big Problems at Paramount?
The cable business has cratered. The news division is in turmoil. A.I. is coming for movies. And those are just the obvious challenges.
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F.C.C. Approves Skydance’s Merger With Paramount
The agency’s blessing was one of the last hurdles for the deal, which was being subjected to close scrutiny by the Trump administration.
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CBS News Names Tanya Simon Executive Producer for ’60 Minutes’
Tanya Simon, who has worked on the show for over two decades, will take over at a time of significant change for the network.
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L.A. Times Owner Says He Will Take Newspaper Public in Next Year
Dr. Patrick Soon-Shiong did not share details about the planned offering. The newspaper has not been profitable under him, and his job cuts have angered staff.