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FCC Greenlights Nexstar-Tegna Merger Amid Legal Challenges

3/20/2026

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Summary

Story summary

Federal Communications Commission (FCC) approved Nexstar's $6.2 billion merger with Tegna, allowing Nexstar to own about 265 stations and reach roughly 80% of U.S. households, well above the 39% cap.
Eight state attorneys general and DirecTV oppose the deal, arguing it would raise consumer prices.
They contend the merger would harm local journalism.
Lawsuits seek to block the merger, citing monopolistic practices and reduced local news coverage.

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Story summary

Federal Communications Commission (FCC) approved Nexstar's $6.2 billion merger with Tegna, allowing Nexstar to own about 265 stations and reach roughly 80% of U.S. households, well above the 39% cap.
Eight state attorneys general and DirecTV oppose the deal, arguing it would raise consumer prices.
They contend the merger would harm local journalism.
Lawsuits seek to block the merger, citing monopolistic practices and reduced local news coverage.