DOJ Still Mum On Tegna-Nexstar Spinoffs

Those looking for Justice’s decision on whether it has any antitrust issues with Tegna’s purchase of Nexstar spin-off stations will have to wait a little longer. That is because for the sixth business day in a row the Federal Trade Commission has issued no early termination notices on any deal, an unusual hiatus for such announcements.

WEEK ENDING MAY 27

Station Trading Roundup: 1 Deal, $40,000

The sale of KXNU-LD Laredo, Texas, from Faith & Power Communications to Gray Television tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.

WEEK ENDING MAY 20

Station Trading Roundup: 2 Deals, $85.6M

The sale of two stations from Citadel Communications to Standard Media Group tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.

DMA 93: SAVANNAH, GA

WSCG Savannah Sold For $2.6 Million

Lowcountry Media sells the Georgia multicast affiliate to Phillip Falcone’s HC2 Holdings.

DMAS 53 & 111

McDermott In The Station Game With WLNE, KLKN

Deb McDermott’s new Standard Media is buying the Providence, R.I., and Lincoln, Neb., ABC affiliates from Phil Lombardo for $83 million and she says she’s looking for more.

ATVA Opposes Apollo Station Purchases

The group says the proposed station buys by Terrier Media, controlled by Apollo Global Management, of properties of Northwest Broadcasting and Cox Broadcasting will “impede competition and diversity and raise prices for consumers.” It urges the FCC to study what it calls “public interest harms” if the deals are approved.

WEEK ENDING MAY 6

Station Trading Roundup: 1 Deal, $165M

The sale of four stations from Bayou City Broadcasting to Allen Media Broadcasting tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.

Broadcast 1Q TV Deal Volume Hits $4.86B

U.S. television station deals reached $4.86 billion in the first quarter, dominated by station consolidations and spinoffs, according to Kagan, a media research group within S&P Global Market Intelligence.

DMAS 103 & 121

Byron Allen Buying Bayou City TVs For $165M

The Entertainment Studios CEO’s Allen Media is getting CBS, NBC and Fox affiliates in Evansville, Ind., and Lafayette, La.

Meredith Looking To Sell Its TV Stations

Meredith Corp. is preparing to explore a sale of its portfolio of TV stations as it looks to streamline its business, people familiar with the matter tell Reuters. Meredith is discussing its plans with financial advisers and has already received interest in its stations from private equity firm Apollo Global Management, the sources say.