Business Technology US & Canada

Judge blocks Nexstar-Tegna TV merger

Judge blocks Nexstar-Tegna TV merger

Judge Trevor Nunley stated that the integration of the two companies could cause 'irreparable harm' to consumers by reducing competition in the broadcast market.

The merger would have created a massive media entity owning 265 television stations across 44 states.

Nexstar has claimed the deal is already complete and plans to appeal the decision.

The case is being closely watched as a major test of the government's ability to regulate consolidation in the media industry.

Nexstar Media Group
American media company
Tegna Inc.
United States media company
DirecTV Brasil
Former direct broadcast satellite company