INDIANAPOLIS — A proposed multi-billion-dollar merger between Nexstar and Tegna could affect the broadcasting industry, including news in Central Indiana.
The merger, announced last week, would bring together two of the nation’s largest local TV station owners in a deal reportedly valued at over $6 billion. If approved by regulators, Nexstar would own three major stations in the Indianapolis market: CBS4 (WTTV), FOX59 (WXIN), and WTHR (NBC).
Terry Heifetz, a senior lecturer in the Department of Media at Ball State University and a former newsroom manager, says the implications of this proposed deal could be significant—not just for the industry, but for viewers in Indianapolis.
“This is a really big deal,” Heifetz said. “We’ve seen major media changes in Central Indiana before, but noth