Newspaper that inspires change. Breaking stories that shake the world. Be informed, Don't Settle for Fake News.

Get In Touch

7939 NW 21st St
Miami, Florida

Nexstar Media Group News & Breaking Stories

Disney talks on ABC sale heat up as Byron Allen makes offer
  • 16th Sep 2023

Disney talks on ABC sale heat up as Byron Allen makes offer

Disney has received an offer of $10bn from media mogul Byron Allen for its ABC TV network, local stations, and cable channels, as the company seeks to focus on streaming. Allen's offer is preliminary and could change, but is based on the assumption that the assets generated $1.25bn in earnings over the past year. Disney has also held talks with Nexstar Media Group about ABC and its eight local TV stations. No decision has been made about a sale, but the negotiations could help establish the value of television assets.

What news can we find under Nexstar Media Group News Section?

Have you ever taken a moment to consider Nexstar Media Group? Imagine, for a moment, that this massive conglomerate of network televisions and digital media is like an enormous tree. Each channel represents another branch, reaching into different demographics and various public spheres.

The root of Nexstar Media Group lies in local news coverage. That's where the journey began - think about it as acorn sprouting its first baby roots beneath sun-warmed soil. Remarkably, what started from humble beginnings is now the largest television station operator within these United States. Did that catch your attention? It should because they operate 197 television stations across U.S., reaching approximately 63% of households! Now try picturing that!

Nexstar also maintains blossoming branches upon which bloom some familiar fruits: WGN America Network and Antenna TV anyone? These national networks are under Nexstar's generous viewer-friendly umbrella; contributing significantly to rich content diversity. And guess what? There's more...

Pivoting towards modernity (the sweeping waves crashing against traditional media landscapes), we find their growing involvement in digital platforms; very much akin to how a towering redwood reaches upward into cloud-scattered sky hoping for lightning strike growth. Occupying online space with websites like, - they provide fresh alternatives in our sea-like flood of information.

To wrap up - remember our analogy about this grand tree called Nexstar Media Group? Well dig deeper around it and you'll find robust commitment towards community engagement programs too! Much like fallen leaves enriching surrounding soil, their services nourish society at grassroot level.

. So next time when you're enjoying your morning coffee while skimming through channels or surfing net for latest headlines – spare a thought on vast ecosystem working behind those screens... will you do that?

logo white

Get Weekly News Updates

Subscribe to SHUT Newsletter and be up to date with the current events. Be informed, don't settle for fake news.