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And so the Nexstar Slasher preps for Tegna Takeover



Numerous press and social media reports say Nexstar has fired many key longtime staffers at its stations in NYC, LA and Chicago.  Big names with big salaries now gone at big stations to lower expenses prior to the apparent deal to acquire Tegna.   It won't stop with just the Nexstar stations when the deal goes through in markets where the two companies own properties.   Consolidation looms.   Portland is a good example. 


Comments

  1. Wow...
    https://www.ftvlive.com/sqsp-test/2026/2/25/nexstar-swings-the-ax-in-la

    ReplyDelete
    Replies
    1. You are right. A lot of big names at all of the stations, especially at WGN. Curious what they will do with NewsNation

      Delete
    2. As long as the current administration is in power, my guess would be that NN presses on as the media landscape is re-formed. Battling Newsmax, I think the channel will make major supportive runs for GOP candidates as the mid-terms get closer. They have big-salaried hosts there and Banfield is already stepping down. Cuomo is the linchpin. If Nexstar gets Tegna, there are several strong stations to pump up the national coverage. KING, WFAA among them. Lots to consider.

      Delete
    3. Yup. Also KUSA in Denver and 11Alive in Atlanta

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  2. Cutting your way to business success! It works every time. What a mess and totally pointless. Best wishes to those impacted by the corporate chainsaw.

    ReplyDelete
  3. Speaking of TEGNA, new union effort at KGW in Portland. TEGNA appears to be challenging it though.

    https://www.ibew48.com/announcement/kgw-workers-vote-to-be-represented-by-local-48/

    https://nwlaborpress.org/2026/02/kgw-producers-vote-on-whether-to-join-ibew-local-48/

    https://www.nlrb.gov/case/19-RC-376874

    ReplyDelete

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