Wire · regulatory
Nexstar CEO open to settling antitrust lawsuit over TEGNA merger
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Fusion42 · 30 August 2026 · Fusion42 review
Nexstar CEO Perry Sook expressed openness to settling the antitrust lawsuit filed by DIRECTV and several state attorneys general over Nexstar's acquisition of TEGNA, while noting that the deal has already closed and the companies are mostly operating separately under legal requirements. The FCC's recent elimination of the national television ownership cap is expected to have limited impact on the ongoing litigation, which centers more on antitrust issues than ownership limits.
This Wire brief sits within Fusion42's coverage of Broadcasting, and 2 sources have reported it.
◆ ◆ The Wire takeaway
The legal space for media mergers in US broadcasting is opening for you with Nexstar’s cautious openness to settle. If you work in broadcast media M&A, one door just cracked open—readiness to negotiate litigation outcomes can convert blocked deals into market access.
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2 sources · 6 Aug 2026
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