Anonymousabout 1 hour ago
A federal judge has issued a preliminary injunction blocking Nexstar Media Group from integrating its $6.2 billion acquisition of Tegna, finding that eight state attorneys general and DirecTV demonstrated a likely antitrust violation under the Clayton Act. The ruling freezes the largest broadcast television merger in U.S. history — covering 265 stations reaching 80% of American households — while raising fundamental questions about media consolidation, retransmission fee pricing power, and the future of local journalism in an industry under mounting financial pressure.