The Global Media Business Weekly

Nexstar divests 19 US TV stations

Broadcast-streaming. Following its acquisition of Tribune Media, Nexstar will (under the terms of the agreements) see Tegna Inc acquire 11 stations in eight markets for $740m and The E.W. Scripps Company will acquire eight stations in seven markets for $580m.  Separately, Nexstar remains engaged in active negotiations to divest two stations in Indianapolis, Indiana.