TV merger means 1 group will control 3 of Memphis’ 5 stations, worrying some
News Channel 3 (WREG-TV) News Director Herb Walls confers with Assistant Director Nancy Allen shortly before a 5 p.m. broadcast. (The Daily Memphian file)
Television behemoths Nexstar Media Group and rival Tegna will merge, resulting in three of the five primary Memphis stations being owned by the same company.
The Federal Communications Commission announced the approval Thursday, March 20, although two lawsuits have been filed to try and block the $6.2 billion merger that will see the new company own 265 stations in 44 states and the District of Columbia.
But if the deal goes through, the new combined company will own WREG-TV, the CBS affiliate, as well as WATN-TV (ABC) and WLMT-TV (The CW).
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Jody Callahan
Jody Callahan graduated with degrees in journalism and economics from what is now known as the University of Memphis. He has covered news in Memphis for more than 25 years.
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