The Denver Post: A proposed merger between the parent companies of two of Denver’s top TV news operations could result in layoffs, consolidation and programming changes, according to media experts.
Fox31 KDVR parent company Nexstar Media Group, based in Irving, Texas, on Tuesday said it planned to acquire Virginia-based Tegna Inc., the owner of Denver NBC affiliate 9News KUSA, in an industry-shaking deal worth $6.2 billion. The proposal still requires federal approval.
“What’s happening in Denver isn’t just a local or even national media story,” said Laura Frank, a professor of media and journalism studies at the University of Denver. “This is part of a much bigger pattern we’ve seen across industries.”
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