×

Nexstar Completes Tribune Acquisition, Sean Compton to Head Programming

Nexstar Media Group has become the nation’s largest owner of TV stations after completing its $4.1 billion acquisition of Tribune Media.

The deal creates a broadcasting colossus with more than 200 stations serving more than 100 markets, although a number of stations will be divested to keep Nexstar in compliance with FCC ownership limits.

Nexstar, based in Irving, Texas, said Thursday it will recruit several key players from Tribune Media to its management team.

Sean Compton, formerly head of programming for Tribune Broadcasting, will serve as exec VP of WGN America, WGN Radio and director of content acquisition. Dana Zimmer becomes exec VP and chief distribution and strategy officer. Gary Weitman, Tribune’s long-serving spokesman, will serve as Nexstar’s exec VP and chief communications officer.

“The completion of our accretive acquisition of Tribune Media increases Nexstar’s geographic diversity and audience reach with national coverage and an expanded presence in top 50 DMAs, while offering complementary media assets and investments, scale driven synergies and further cash flow diversification,” said Nexstar CEO Perry Sook. “Nexstar Media Group is now the nation’s leading creator and distributor of local news, entertainment, sports, lifestyle and network programming through its broadcast and digital media platforms.”

Nexstar initially reached its merger agreement with Tribune in December. That came four months after Tribune’s previous takeover deal with Sinclair Broadcast Group fell apart, partly because of the heavy regulatory scrutiny on the transaction and Sinclair’s aggressive approach with the FCC to handling divestitures. Tribune and Sinclair both filed lawsuits against each other over the deal’s collapse.

Nexstar has been one of the industry’s fastest growing broadcast station groups since it was founded by Sook in 1996 with one station in Scranton, Pa.

More to come

(Pictured: Sean Compton)

More TV

  • Tony Romo

    CBS Sports Re-Signs Tony Romo in Deal Valued Around $17 Million Per Year

    CBS Sports signed prize football analyst Tony Romo to a new deal, a major step in parent company ViacomCBS’ efforts to strike a new rights pact with the National Football League as its current contract heads toward the end of its term. CBS Sports said the company had signed Romo, the former Dallas Cowboys quarterback [...]

  • WGA Agents Contract Tug of War

    Writers Guild Says It Helped Negotiate 100 Deals for Agent-Less Members

    The Writers Guild of America has asserted that it has assisted in negotiating more than 100 deals in recent months for members without agents. The missive from the WGA West board of directors comes nearly a year after the guild leaders ordered their 15,000 members to fire their agents if the agents had not agreed [...]

  • Hilary Duff

    Hilary Duff Asks Disney to Move 'Lizzie McGuire' Revival to Hulu

    Hilary Duff has posted a statement asking that the planned revival of “Lizzie McGuire” be moved from Disney Plus to Hulu. “I’d be doing a disservice to everyone by limiting the realities of a 30 year old’s journey to live under the ceiling of a PG rating,” Duff wrote on Instagram. “It’s important to me [...]

  • Tan France Jameela Jamil

    TV News Roundup: Tan France, Jameela Jamil Among OZY Fest Headliners

    In today’s TV news roundup, OZY Media announced Tan France, Jameela Jamil and others as headliners of OZY Fest, and Netflix dropped the official trailer of “On My Block” Season 3. DATES Disney Channel‘s second season of “Just Roll With It” will premiere on Sunday, March 15 at 8:45 p.m. The sitcom follows the Bennett-Blatt family [...]

  • Lorraine Toussaint

    Queen Latifah's 'Equalizer' Reboot Pilot at CBS Casts Lorraine Toussaint

    Lorraine Toussaint has joined the CBS’ reboot pilot for “The Equalizer,” Variety has learned. She joins previously announced series lead Queen Latifah and recently announced cast member Liza Lapira. In the reimagined version, Queen Latifah stars as Robyn McCall, an enigmatic figure who uses her extensive skills to help those with nowhere else to turn. Toussaint [...]

  • Ben Schnetzer

    'Y: The Last Man' Series at FX Casts Ben Schnetzer as Yorick

    Ben Schnetzer has stepped into the role of Yorick Brown in FX’s upcoming “Y: The Last Man” series, Variety has learned. He takes over the role from Barry Keoghan, who exited the series at the beginning of this month. The show is based on Brian K. Vaughan and Pia Guerra’s award-winning DC Comics graphic novel series [...]

  • Herb Dorfman Obit Dead

    Herb Dorfman, Orion Pictures Home Video Executive, Dies at 77

    Herb Dorfman, former Orion Pictures executive and a home video industry veteran, died Feb. 25 of complications from Parkinson’s disease and dementia. He was 77. Dorfman served as head of home entertainment for Orion Pictures from 1987 to late 1996. Orion was a prosperous independent studio in those days that turned out a steady stream [...]

More From Our Brands

Access exclusive content