M&A Deal Summary |
|
|---|---|
| Date | 2024-10-28 |
| Target | WBNX-TV |
| Sector | Media |
| Buyer(s) | Nexstar Media Group |
| Sellers(s) | Nexstar Media Group |
| Deal Type | Divestiture |
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| Category | Company |
|---|---|
| Founded | 1996 |
| Sector | Media |
| Employees | 11,877 |
| Revenue | 4.9B USD (2023) |
Nexstar Media Group is a media company that leverages localism to bring new services and value to consumers and advertisers through its traditional media, digital and mobile media platforms. Nexstar owns, operates, programs or provides sales and other services to 170 television stations and related digital multicast signals reaching 100 markets or approximately 39% of all U.S. television households. Nexstar Media Group was founded in 1996 and is based in Irving, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 12 of 12 |
| Sector (Media) | 7 of 7 |
| Type (Divestiture) | 4 of 4 |
| State (Ohio) | 1 of 1 |
| Country (United States) | 12 of 12 |
| Year (2024) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-05-08 |
KUSI
San Diego, California, United States KUSI is an independent television station, broadcasting more than nine hours of local news each weekday and nearly 60 hours of local news every week. KUSI was founded in 1982 and is based in San Diego, California. |
Buy | $35M |
| Category | Company |
|---|---|
| Founded | 1996 |
| Sector | Media |
| Employees | 11,877 |
| Revenue | 4.9B USD (2023) |
Nexstar Media Group is a media company that leverages localism to bring new services and value to consumers and advertisers through its traditional media, digital and mobile media platforms. Nexstar owns, operates, programs or provides sales and other services to 170 television stations and related digital multicast signals reaching 100 markets or approximately 39% of all U.S. television households. Nexstar Media Group was founded in 1996 and is based in Irving, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 4 |
| Sector (Media) | 3 of 3 |
| Type (Divestiture) | 4 of 4 |
| State (Ohio) | 1 of 1 |
| Country (United States) | 4 of 4 |
| Year (2024) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-05-08 |
KUSI
San Diego, California, United States KUSI is an independent television station, broadcasting more than nine hours of local news each weekday and nearly 60 hours of local news every week. KUSI was founded in 1982 and is based in San Diego, California. |
Buy | $35M |
