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One analyst said the Nexstar-Tegna merger was "yet another threat to our democracy, with fewer media companies controlling what gets reported on and how."
Free press advocates warned Thursday that the Federal Communications Commission’s decision to greenlight Nexstar’s takeover of Tegna further imperils US democracy by accelerating the consolidation of broadcast media and extending the reach of right-wing propaganda.
According to The New York Times, the $6.2 billion deal will form a conglomerate that will "oversee 265 television stations in 44 states and Washington, reaching about 80% of US households," making it by far the largest owner of local TV news in the country. Nexstar is headed by megamillionaire Perry Sook.
Commissioner Anna Gomez, the lone Democrat currently serving on the FCC, accused her colleagues of rushing approval of the Nexstar-Tegna merger while keeping the general public completely in the dark.
"This merger was approved behind closed doors with no open process, no full commission vote, and no transparency for the consumers and communities who will bear the consequences," said Gomez, who added that the entire process was "meant to avoid public scrutiny."
Several critics echoed Gomez's concerns in denouncing approval of the merger.
Matt Wood, general counsel and vice president of policy at Free Press, accused the FCC of ignoring its own rules limiting broadcast TV station ownership to create a right-wing propaganda machine aimed at pushing the agenda of President Donald Trump and his allies.
"This deal would create a massive broadcast conglomerate willing to put the political agenda of Donald Trump over the needs of the communities local television serves," said Wood. "[FCC Chairman Brendan] Carr and his allies in Nexstar’s executive suites have put up a smokescreen of rhetoric designed to dupe people into believing that these national conglomerates are truly local stations."
John Bergmayer, legal director at Public Knowledge, described the FCC's merger approval as "a betrayal of the agency’s legal obligations and the public it is supposed to serve." He predicted the deal would have a devastating impact on the quality of local TV news.
“In every market where Nexstar already operates multiple stations, it has consolidated news operations, merged newsrooms, and cut staff," Bergmayer said. "Nexstar’s CEO told investors the company analyzed the overlap markets ‘line by line, person by person’ to determine where to make cuts. Fewer owners means fewer reporters, fewer editorial voices, and fewer checks on local power."
Bergmayer added that the merger is "yet another threat to our democracy, with fewer media companies controlling what gets reported on and how."
Jeff Jarvis, professor emeritus at the CUNY Graduate School of Journalism, warned that the merger is part of "the creation of state media" under the Trump administration, and described it as "even more dangerous than Ellison Inc.," a reference to the proposed megamerger between Paramount Skydance—a company controlled by the son of billionaire Trump donor Larry Ellison—and Warner Bros. Discovery.
Even with FCC approval, Nexstar's acquisition of Tegna is not yet a done deal, as eight state attorneys general this week filed an antitrust lawsuit to block the merger.
California Attorney General Rob Bonta, one of the state AGs involved in the lawsuit, described the Nexstar-Tegna deal as "illegal, plain and simple."
"When broadcast media is owned by a handful of companies, we get fewer voices, less competition," said Bonta, "and communities lose the critical check on power that local journalism delivers."
"This settlement is the clearest sign yet that this administration serves big business, not the people."
The Trump Justice Department on Monday reportedly reached a tentative deal with Live Nation—the owner of Ticketmaster—to settle a Biden-era antitrust lawsuit that aimed to break up the company, accusing it of illegally monopolizing the live entertainment industry.
News of the settlement, which would not require a breakup of Live Nation, came days after the trial began, with a lawyer for the Trump Justice Department's decimated antitrust division saying last week that the company abuses its market power and earns its massive profits "through illegal action." The antitrust division's counsel in the case, David Dahlquist, was apparently not made aware of the settlement until he appeared in court Monday morning.
Lee Hepner, senior legal counsel at the American Economic Liberties Project, said it is "highly unorthodox for the Justice Department’s lead litigator to be left out of the loop on the settlement and highly prejudicial to the jury’s deliberations."
“According to every observer, this trial was already going well for the Justice Department and states," said Hepner. "They had just won summary judgment and a jury had already heard evidence of Live Nation’s longstanding pattern of retaliation against venues who had attempted to open the market to competition. State AGs are once again left to clean up the mess left by this Administration’s incompetence.”
Under the settlement, which must be approved by a judge, Live Nation "would pay a fine of up to $280 million and divest itself of at least 13 amphitheaters across the country as it opens up its ticketing processes so that competitors can share in the sale of tickets," the Associated Press reported.
The National Independent Venue Association (NIVA), a trade group representing thousands of independent live entertainment venues, festivals, and promoters, noted in a statement that the reported $280 million settlement amount "is the equivalent of four days of [Live Nation's] 2025 revenue, which means they could potentially make it back by this Friday."
"The reported settlement does not appear to include any specific and explicit protections for fans, artists, or independent venues and festivals," said Stephen Parker, NIVA's executive director. "Reported details also indicate that ticket resale platforms could be further empowered through new requirements for Ticketmaster to host their listings, which would likely exacerbate the price gouging potential for predatory resellers and the platforms that serve them."
"If these facts are true," Parker added, "NIVA views this as a failure of the justice system."
And Trump pardons Ticketmaster while no one’s looking. pic.twitter.com/ZEFcSomb05
— Matt Stoller (@matthewstoller) March 9, 2026
The antitrust lawsuit against Live Nation was filed in 2024 after a nearly two-year investigation launched amid mounting public outrage aimed at Ticketmaster, spurred in part by its botched presale of Taylor Swift concert tickets in 2022. Then-President Joe Biden's Justice Department filed the complaint in partnership with 30 state attorneys general, most of whom vowed Monday to continue the fight without the Trump administration's support.
"For years, Live Nation has made enormous profits by exploiting its illegal monopoly and raising costs for shows," said New York Attorney General Letitia James. "My office has led a bipartisan group of attorneys general in suing Live Nation for taking advantage of fans, venues, and artists, and we are committed to holding Live Nation accountable."
The settlement deal comes weeks after Gail Slater, the former head of the Justice Department's antitrust arm, was pushed out by DOJ leadership. Prior to Slater's removal, Live Nation executives and lobbyists had reportedly been negotiating the terms of a possible settlement with senior Justice Department officials outside of the antitrust office, heightening corruption concerns.
Emily Peterson-Cassin, policy director at the Demand Progress Education Fund, said in a statement that "this settlement amounts to a slap on the wrist that tinkers around the edges of the real problem: Live Nation’s monopoly."
"Instead of breaking up Live Nation and Ticketmaster, Live Nation will now get to continue forcing the vast majority of live venues to use Ticketmaster," said Peterson-Cassin. "Following the ousting of Gail Slater and the gutting of the government’s antitrust enforcement capabilities, this settlement is the clearest sign yet that this administration serves big business, not the people."
"A handful of Trump-aligned billionaires are trying to seize control of what you watch and charge you whatever price they want."
Netflix announced Thursday that it would not continue its effort to acquire Warner Bros. Discovery, paving the way for Paramount Skydance—a company controlled by the son of billionaire Trump donor Larry Ellison—to take over the media giant after a lengthy bidding war.
The news came after Netflix CEO Ted Sarandos visited the White House and met with members of President Donald Trump's staff, raising suspicions about the role the administration may have played in pushing the streaming giant to drop its bid for Warner Bros. and cede the fight to David Ellison's Paramount. Along with other major media properties, Warner Bros. owns CNN, a frequent target of Trump's ire.
"What did Trump officials tell the Netflix CEO today at the White House?" asked Sen. Elizabeth Warren (D-Mass.), calling the potential Paramount-Warner Bros. merger "an antitrust disaster threatening higher prices and fewer choices for American families."
"A handful of Trump-aligned billionaires are trying to seize control of what you watch and charge you whatever price they want," Warren added. "With the cloud of corruption looming over Trump’s Department of Justice, it’ll be up to the American people to speak up and state attorneys general to enforce the law."
In a statement that appears to have stunned Hollywood, Netflix announced Thursday that it would not raise its offer for Warner Bros. after that company's board deemed Paramount's latest offer of $111 billion "superior." Netflix said it determined the pursuit of Warner Bros. was "no longer financially attractive."
"Ellison will readily throw the First Amendment, CNN’s reporters, and HBO’s filmmakers under the bus if they stand in the way of expanding his corporate empire and fattening his pockets."
Ellison, for his part, said he was "pleased" that the Warner Bros. board "affirmed the superior value of our offer, which delivers to WBD shareholders superior value, certainty, and speed to closing."
The proposed Paramount-Warner Bros. merger still must receive regulatory approval in the US and Europe. Critics have voiced concerns about the legitimacy of a US Justice Department review given the recent ouster of antitrust chief Gail Slater.
State attorneys general could also intervene. Rob Bonta, the attorney general of California, emphasized in a statement that "Paramount/Warner Bros is not a done deal."
"These two Hollywood titans have not cleared regulatory scrutiny—the California Department of Justice has an open investigation, and we intend to be vigorous in our review," said Bonta.
On top of antitrust concerns, critics of the potential Paramount-Warner Bros. merger warned it would be a disaster for journalism and free expression. David Ellison acquired CBS News last year through the Paramount-Skydance merger approved by the Trump administration, and he is now poised to take over CNN, HBO, and other major platforms.
"Ellison has already shown his cards," said Seth Stern, chief of advocacy at the Freedom of the Press Foundation. "When the Trump administration unconstitutionally demanded editorial concessions from Ellison’s Skydance in exchange for government approval of its takeover of Paramount and CBS News, he obliged, even appointing a Trump loyalist as a so-called ‘bias ombudsman.’ CBS has since repeatedly censored journalists or altered its coverage to please Trump and his allies."
"There is no reason to believe that this proven capitulator will behave any differently this time around—in fact, he’s already reportedly promised Trump ‘sweeping changes’ at CNN, including firing people Trump dislikes," Stern said. "Ellison will readily throw the First Amendment, CNN’s reporters, and HBO’s filmmakers under the bus if they stand in the way of expanding his corporate empire and fattening his pockets."
"Lawmakers, state attorneys general, and anyone else in a position to intervene should make clear that they will not stand by as the Trump administration abuses its power to unconstitutionally extract content-based concessions from news companies," he added.