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WIBC 9AM-Noon Podcast

Nexstar to buy rival Tegna for $3.54 billion

WIBC 9AM-Noon Podcast

WIBC

News

4.61.2K Ratings

🗓️ 20 August 2025

⏱️ 10 minutes

🧾️ Download transcript

Summary

See omnystudio.com/listener for privacy information.

Transcript

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0:00.0

There are thousands of hurting children in Indiana. They are in the child welfare system due to abuse or neglected home. They struggle in school due to life trauma or challenges and they face mental health issues. At child advocates, we serve foster children. We help children succeed in school and we host workshops to create collaborative workplaces and caring communities and to nurture a sense of

0:21.6

belonging for all children and youth. We seek justice, access to opportunity, and well-being for

0:27.1

children. Learn more at child advocates.net. All right. So, we'll go ahead and talk about it now because,

0:33.4

look, I think this is very interesting. And WIBC.com, amongst others, have reported that Next Star Media Group, and this will impact

0:41.8

how you view television here in central Indiana, which they own Fox 59 CBS4.

0:48.2

That's what they're best known for around here.

0:50.3

They're set to buy the company.

0:51.3

The company is called, is it Tegna?

0:52.7

Is that how you pronounce it?

0:53.9

And they are the company now that owns WTHR.

0:57.4

6.2 billion dollar deal.

0:59.1

Yeah.

1:00.1

So let's be specific.

1:01.6

That is not $6.2 billion being paid for WTHR.

1:05.1

It's all the television properties that this company owns across the country.

1:11.2

And I know, television by and large is much like radio.

1:16.2

There are very few, while it may be a quote unquote local television station,

1:21.1

there are very few independent operators anymore, just like us,

1:25.6

we're owned by a large corporation. Now, in fairness, they're wonderful in the fact that they just leave us alone. They just, remember when you were here, you were here when all these days merged together. Now, you were here when Urban One bought. Nine months in, baby. Yeah, from, from EMS. And remember the whole thing. It's not the first time that's happened to me, by the way.

1:44.9

Really?

1:45.1

Where you just got to work.

1:46.9

And then they're like, you know, a few months in.

...

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