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DirecTV Sues to Block Nexstar-Tegna Local TV Deal on Heels of Antitrust Lawsuit From 8 States: ‘DirecTV and Its Subscribers Will End Up Paying More for Less’
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DirecTV Sues to Block Nexstar-Tegna Local TV Deal on Heels of Antitrust Lawsuit From 8 States: ‘DirecTV and Its Subscribers Will End Up Paying More for Less’

  • DirecTV filed a federal antitrust suit in California to block Nexstar’s Tegna deal, citing harm to competition and consumers.
  • The suit claims the merger would concentrate broadcast media without precedent and likely raise prices for viewers.
  • DirecTV argues the deal would expand Nexstar’s reach to about 80% of U.S. households, increasing market power.
  • The complaint states the merger would allow Nexstar to raise prices and reduce the quality of local news.
  • The suit notes potential state and federal actions against the Nexstar-Tegna deal and cites antitrust concerns.
  • DirecTV asserts the merger would trigger more blackouts and harm local teams and networks in many markets.
  • The case follows eight state attorneys general who filed related lawsuits against the deal.
  • DirecTV, now owned by TPG Capital, says the merger would be anticompetitive and not in the public interest.
  • Nexstar would gain control of a large number of stations and affiliates across major networks after the Tegna acquisition.
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