Aspiring media mogul Byron Allen sold off 10 local TV stations for $171 million as his struggling company unwinds its portfolio. Allen Media Group — which owns The Weather Channel — sold its ABC, NBC, ...

Byron Allen's local TV liquidation has begun. The comedian turned media mogul's company Allen Media Group says that it has sold 10 of its local TV stations to Gray Media in a $171 million deal. The ...

Long a safe haven due to a reliable stream of retransmission fees and advertising dollars, local TV news stations are now facing a stark message as their industry faces the same financial pressures as ...

Sinclair disclosed the talks in an SEC filing Monday. By Alex Weprin Senior Editor Another major deal for local TV stations may be brewing, with Sinclair Broadcast Group (and its 185 or so local ...

FCC chairman Brendan Carr said Thursday that he aims to “re-empower” local TV stations, and he suggested that Congress consider tighter regulations on content moderation processes for social media ...

This is read by an automated voice. Please report any issues or inconsistencies here. Longtime local TV anchors, including KTLA’s Mark Kriski and others, are being laid off as parent company Nexstar ...

Another major deal for local TV stations may be brewing, with Sinclair Broadcast Group (and its 185 or so local stations) revealing Monday that it is pursuing a deal for E.W. Scripps, which owns some ...