Story perspectives

Nexstar Acquires Tegna for $6.2 Billion Amid TV Decline

3/24/2026

Summary

Story summary

Nexstar Media Group completed a $6.2 billion Tegna Inc. acquisition, expanding reach to 80% of U.S. TV households.
Ellina Abovian, former KTLA reporter, says local TV news must adapt storytelling amid declining viewership and revenue.
Adam Symson of E.W. Scripps Co. supports consolidation for sustainability.
Scripps pursues AI investments and restructuring, which may lead to layoffs.
Ellina Abovian is shifting her focus to the podcast 'Breaking Through'.

1 of 1

Story summary

Nexstar Media Group completed a $6.2 billion Tegna Inc. acquisition, expanding reach to 80% of U.S. TV households.
Ellina Abovian, former KTLA reporter, says local TV news must adapt storytelling amid declining viewership and revenue.
Adam Symson of E.W. Scripps Co. supports consolidation for sustainability.
Scripps pursues AI investments and restructuring, which may lead to layoffs.
Ellina Abovian is shifting her focus to the podcast 'Breaking Through'.