Nexstar, the owner of many TV stations in the U.S., is acquiring rival Tegna. The merger, results in potentially owning 265 stations in 44 states and the District of Columbia, representing 80% of U.S. TV households. The current monolopy clause limits ownership over 39% of stations, which had been kept in place by both Republican and Democratic administrations over the past three decades.
Source – https://deadline.com/2025/08/nexstar-acquires-tegna-local-tv-merger-donald-trump-1236491712/
Currently the FCC controls if the ownership limit can be bypassed. With Congressional approval pending, the merger allows contained ownership and increased broadcasting control.
Networks Affected: ABC, NBC, CBS, FOX, and The CW, and NewsNation
Read – https://www.msn.com/en-us/money/companies/nexstar-ceo-not-worried-about-fcc-rules-impacting-tegna-deal/ar-AA1KTSzU
Read – https://www.cnbc.com/2025/08/19/tv-broadcaster-nexstar-to-acquire-rival-tegna-for-3point54-billion.html