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NBC 2 WGRZ On Your Side studios in Buffalo; 16 August 2021. |
TV station conglomerates Nexstar and Tegna have announced their merger. Of course, this needs approval from the FCC and FTC, and some stations will have to be sold off, particularly where they overlap. One area I know is Buffalo. Tegna, which spun off of USA Today owner Gannett in 2015, own NBC 2 WGRZ, their only station in New York State, while owning many NBC affiliates in other states. Nexstar are far bigger, owning NBC 2's competitor CBS 4 WIVB, as well as CNY's ABC affiliates NewsChannel 9 WSYR in Syracuse and ABC 20 WUTR in Utica to name a few. Since Buffalo is a larger market than Syracuse, having the boys' turf nearby for added ratings to boot, having it like CNYcentral back in my area may not work, which has CW 6, while CBS 4 is sister to O&O CW 23 WNLO. So much for WNYcentral, if you like. NBC 4 could be sold to Hearst, Hubbard, Weigel, Mission, Cox, Gray (who have CBS 12 WBNG in Binghamton and CBS 7 WWNY in Watertown in the state to date), or Deltavision (who just bought CBS 12's rival Fox 40 WICZ and their sister stations Fox 68 WSYT/my 43 WNYS). Scripps already have yet another WNY station, ABC 7 WKBW, while Sinclair have Fox 29 WUTV and my 49 WNYO. Even in the age of streaming, these deals are still lucrative. Tegna also own ABC 16 WNEP in the Scranton/Wilkes Barre area, the other NBC 3 WKYC in Cleveland, and flagship CBS 9 WUSA in Washington, DC. As for NBC 2 and in other markets in the same boat, Nexstar CEO Perry Sook said he won't have his and Tegnas stations operations combined, so it's likely these will all be sold over the next year or so, even as FCC policies are changing.