FCC Approves Nexstar-Tegna Deal Amid Legal Challenges From 8 States
By Aldgra Fredly
Published on March 20, 2026.
The Federal Communications Commission (FCC) has approved the $6.2 billion purchase of local broadcast station owner, Tegan. The deal allows for less than 15 percent ownership of TV stations. The FCC stated that the deal would enable broadcast TV stations to counter the growing power of national programmers.
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