The station group says that it will run local news programming

Earlier on Monday, ABC announced Kimmel’s return, after a backlash in the creative community and among others who said that The Walt Disney Co. was capitulating to the Trump administration

Earlier on Monday, ABC announced Kimmel’s return, after a backlash in the creative community and among others who said that The Walt Disney Co. was capitulating to the Trump administration

    • lmmarsano@lemmynsfw.comEnglish
      0·
      1 month ago

      This Deadline article says Sinclair has too much debt to close a merger.

      Nexstar’s overture followed closely on the heels of a proposal by Sinclair to buy Tegna. Sinclair, the No. 2 station owner, had previously taken steps to separate its station business from the rest of its portfolio, which includes cable’s Tennis Channel. Immediate reaction from Wall Street noted that Sinclair and Tegna collectively may have too much debt for a combination to close. Nexstar, by contrast, has a strikingly tidy balance sheet.

      Their 2nd quarter financial report confirms

      Total Company debt as of June 30, 2025 was $4,106 million.