Saturday, March 21, 2026-​​Nexstar Media Group has completed its $6.2 billion merger with Tegna Inc., creating one of the largest local television broadcasting groups in the United States. The deal brings together a wide network of local stations, significantly expanding the combined company’s reach and influence in regional media markets.

The merger is expected to strengthen the companies’ position in advertising, content distribution, and digital media as traditional TV networks face increasing competition from streaming platforms. By consolidating resources, the new entity aims to improve operational efficiency and expand its ability to deliver local news and programming to viewers across the country.

The deal has drawn attention from regulators and industry observers concerned about media consolidation and its impact on competition and local journalism. Supporters argue that the merger will help the companies remain competitive in a rapidly changing media landscape, while critics worry it could reduce diversity in local news coverage and limit independent voices.

With the transaction now finalized, Nexstar is positioned as a dominant player in local broadcasting, shaping how news and content are delivered to millions of households nationwide.