Speaking at CES in Las Vegas on Thursday, FCC chairman Brendan Carr reiterated his view that the “balance of power” has ...

Television broadcaster Nexstar Media Group, which owns WBRE and operates WYOU, the Wilkes-Barre/Scranton affiliates of NBC and CBS, is in advanced talks to acquire rival Tegna, the owner of WNEP, the ...

After spending more than $1 billion in the last six years to amass a total of 28 television stations in 21 markets, Allen Media Group founder Byron Allen is putting up a for-sale sign, tapping veteran ...

Sinclair disclosed the talks in an SEC filing Monday. By Alex Weprin Senior Editor Another major deal for local TV stations may be brewing, with Sinclair Broadcast Group (and its 185 or so local ...

Long a safe haven due to a reliable stream of retransmission fees and advertising dollars, local TV news stations are now facing a stark message as their industry faces the same financial pressures as ...

Aspiring media mogul Byron Allen sold off 10 local TV stations for $171 million as his struggling company unwinds its portfolio. Allen Media Group — which owns The Weather Channel — sold its ABC, NBC, ...

Byron Allen is putting his local TV stations up for sale. Allen's Allen Media Group (AMG) says that it has hired the investment bank Moelis & Company to market its local stations, which are comprised ...

Byron Allen is ready to exit the local television business. Allen, the founder and CEO of Allen Media Group, has made significant steps over the past few weeks with the goal of divesting his entire ...

Gray Media and the E.W. Scripps Co., two of the largest U.S. owners of local TV stations, have engineered a swap of stations in five small and mid-sized markets. The move will create new duopolies, ...