IRVING, Texas (WOOD) â WOOD TV8, WOTV4 and WXSPâs parent company Nexstar has cleared a final federal hurdle in its attempt to buy Tribune Media. Nexstar Media Group announced Monday that the Federal Communications Commission approved transferring control of licenses held by subsidiaries from Tribune Media shareholders to Nexstar. The FCC also OKâd Nexstarâs plan to sell 21 TV stations to TEGNA Inc., The E.W. Scripps Company and Circle City Broadcasting I, Inc. in order to stay compliant with national television ownership rules. The plan includes selling off Fox 17/WXMI to E. W. Scripps Company. >>PDF: FCC ruling on Nexstar acquiring Tribune âThe Commission found that the proposed merger would provide several public interest benefits to viewers of current Tribune and Nexstar stations. For example, viewers would benefit from their local stations having increased access to Nexstarâs Washington, DC, news bureau and state news bureaus. Additionally, Nexstar demonstrated that it would invest savings resulting from the merger into its stations, including investments in ATSC 3.0, the next-generation television broadcast standard,â the FCC stated in a Monday news release. The FCCâs consent was the final regulatory approval Nexstar needed to close the roughly $4 billion deal. The deal will make Nexstar the biggest operator of local TV stations in the U.S. This map shows which stations nationwide will be owned by Nexstar once the deal with Tribune Media Company closes. Nexstar says it expects to finish the transaction at station sell-off âshortly.â ---- Online: FCC: Nexstar-Tribune transaction history Nexstar news release on Tribune acquisition
Daily digest
[FCC OKs Nexstar buying Tribune, 21 stations spin off](
[FCC OKs Nexstar buying Tribune, 21 stations spin off](
[IRVING, Texas (WOOD) â WOOD TV8, WOTV4 and WXSPâs parent company Nexstar has cleared a final federal hurdle in its attempt to buy Tribune Media. Nexstar Media Group announced Monday that the Federal Communications Commission approved transferring control of licenses held by subsidiaries from...](
[GR mom starts podcast for grieving parents](
[GR mom starts podcast for grieving parents](
[GRAND RAPIDS, Mich. (WOOD) â A grieving Grand Rapids mother couldn't find a podcast focused on losing a child, so she started her own. Dr. Marcy Larson's 14-year-old son, Andy, died in a car crash on Aug. 15, 2018. The family was on US-131 near the West River Drive exit when their van was...](
[GRCC OKs buying shuttered Westshore store for new campus](
[GRCC OKs buying shuttered Westshore store for new campus](
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[Prosecutor: No charges against deputy who hit, killed boy](
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