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Media Consolidation Threatens Local News Amid Declining Audiences

3/24/2026

Summary

Story summary

The Los Angeles Times reports local news outlets in decline from media consolidation and streaming.
The FCC approved Nexstar Media Group's $6.2 billion acquisition of Tenga, giving Nexstar control of 15% of U.S. TV stations.
The merger follows layoffs at Nexstar-owned outlets driven by dwindling ad revenue, aging viewership, and $40 million losses last year.
Former CBS News president Andrew Heyward notes younger audiences are not developing news habits.

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Story summary

The Los Angeles Times reports local news outlets in decline from media consolidation and streaming.
The FCC approved Nexstar Media Group's $6.2 billion acquisition of Tenga, giving Nexstar control of 15% of U.S. TV stations.
The merger follows layoffs at Nexstar-owned outlets driven by dwindling ad revenue, aging viewership, and $40 million losses last year.
Former CBS News president Andrew Heyward notes younger audiences are not developing news habits.