TV Giant Nexstar Agrees to Acquire a Rival, Tegna, for $6.2 Billion

To close the deal, Nexstar will need approval from the Federal Communications Commission, which could cement its position as the biggest provider of local TV in the U.S.

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Why Did Shari Redstone Give Up Control of Paramount?

The media mogul spoke at length for the first time about selling her family’s empire, Paramount’s settlement with President Trump — and getting her reputation battered along the way.

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The Race to Rescue PBS and NPR Stations

The Knight Foundation and other top organizations are aiming to provide $50 million to stabilize the stations most at risk from the recent federal government funding cuts.

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Paramount Strikes Seven-Year Deal to Stream UFC Fights

The seven-year $7.7 billion deal is an early win for the company’s new chairman, David Ellison, who took over last week. CBS will also show some marquee fights.

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Skydance Takes Over Paramount, and a New Era Begins

The merger catapults new power players to the top of Hollywood and ends a tortuous process that has lasted well over a year.

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What Will Be the Next Big Media Deal?

As Skydance completes its acquisition of Paramount, the stage is set for more deal making in the crowded streaming wars.

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NFL Will Get a Stake in ESPN in a Complex Deal

The network and sports league announced a deal that gives the N.F.L. an ownership stake in ESPN. In exchange, the network will control some of the league’s media outlets.

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He Placated Regulators to Buy Paramount. But Can He Fix the Business?

Paramount’s cable business has cratered. The news division is in turmoil. A.I. is coming for movies. And those are just the obvious challenges facing David Ellison as he takes control.

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How Will David Ellison Tackle the Big Problems at Paramount?

The cable business has cratered. The news division is in turmoil. A.I. is coming for movies. And those are just the obvious challenges.

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FCC Approves Skydance’s Merger With Paramount

The deal, which came under intense scrutiny by the Trump administration, was hailed by the F.C.C. chief, who welcomed “significant changes” at CBS, a unit of Paramount.

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