Nexstar to acquire rival broadcast company Tegna in $6.2 billion deal

Nexstar to acquire rival broadcast company Tegna in $6.2 billion deal

Nexstar Media will acquire rival broadcast company Tegna for $6.2 billion, according to a joint announcement on Tuesday, another sign of consolidation in an already contracting TV broadcast sector. The transaction, if approved, will bring together two major players in U.S. television, expanding Nexstar’s reach in the U.S. television and local news landscape. Nexstar oversees…

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Late-Night Hosts React to Jimmy Kimmel's Suspension

Late-Night Hosts React to Jimmy Kimmel’s Suspension

Stephen Colbert, whose namesake late-night show is set to be pulled off the air in May, defended Kimmel during his opening monologue on Thursday night. He started the show saying, “Tonight, we are all Jimmy Kimmel,” calling the suspension “blatant censorship.” “The Late Show” posted a clip of Colbert’s comments on Kimmel on its Instagram…

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