Eight states, DirecTV sue to block merger of local television owners Nexstar and Tegna

Associated Press: Attorneys general in eight states and DirecTV have filed lawsuits to block the merger of local television giants Nexstar Media Group and rival Tegna, arguing that it will lead to higher prices for consumers and stifle journalism.

Nexstar announced last August that it would buy Tegna for $6.2 billion. If approved by the Trump administration, the deal would create a company that owns 265 television stations in 40 states and the District of Columbia, most of them local affiliates of ABC, CBS, Fox and NBC.

They were joined on Thursday by DirecTV, which also filed a lawsuit seeking to block the merger. “Nexstar’s purpose in acquiring Tegna is to drive up the price it can extract from DirecTV and other distributors, which will force them to raise prices to their subscribers,” the company said.

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