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NERW Update: Meredith deal ends, Nexstar to buy Media General

Scott Fybush by Scott Fybush
January 27, 2016
in Free Content, Northeast Radio Watch
2

By SCOTT FYBUSH

mediageneralNow that Media General has withdrawn from its plans to acquire Meredith, rival broadcast group Nexstar has stepped in with a $2.1 billion deal to acquire Media General, creating one of the biggest TV station groups in the country.

Here’s a quick look at how the Nexstar/Media General deal, if it’s completed, will reshape the TV landscape in NERW-land:

In upstate NEW YORK, Nexstar is already a dominant player with the former Clear Channel/Newport stations in Syracuse (WSYR-TV), Elmira (WETM), Binghamton (WIVT/WBGH-LP), Watertown (WWTI) and Utica (WUTR/WFXV), along with Rochester CBS affiliate WROC-TV and Burlington/Plattsburgh’s WVNY/WFFF.

To those stations, Media General adds Buffalo’s WIVB/WNLO (by way of its earlier acquisition of LIN) and Albany’s WTEN/WXXA,, creating the first station group that will cover every one of upstate New York’s TV markets, a goal Clear Channel never quite achieved.

In western MASSACHUSETTS, Nexstar gets Media General’s dominant NBC affiliate, WWLP, which competes with Meredith’s recently-combined WGGB/WSHM-LD.

In CONNECTICUT, Nexstar also enters new territory with former LIN stations WTNH/WCTX in New Haven/Hartford, competing against Meredith’s WFSB.

In RHODE ISLAND, Nexstar gets WPRI/WNAC-TV (ABC/Fox), another new market for the group.

And in PENNSYLVANIA, Nexstar just exited the Harrisburg market with the spinoff of CW affiliate WLYH (Channel 15) to Howard Stirk Holdings; now it re-enters with ABC affiliate WHTM (Channel 27), which Media General recently picked up from Sinclair. Nexstar already has Pennsylvania outlets in Erie (WJET-TV/WFXP), Altoona (WTAJ) and Wilkes-Barre/Scranton (WBRE/WYOU-TV).

 

 

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Tags: Media GeneralMeredithNexstar
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