Highlights
- Nexstar Media Group announced $6.2 billion acquisition of Tegna Inc., creating a 265-station television empire covering 80% of U.S. households
- Deal positions Nexstar’s KLFY against Gray Media, which recently acquired both KATC and KADN in the Lafayette market
- The combined Nexstar-Tegna entity will control WWL-TV and WUPL in New Orleans while competing with Gray’s statewide Louisiana presence
- The transaction faces regulatory approval with expected closure in the second half of 2026 under the Trump administration’s deregulation agenda
- Lafayette viewers could see increased local news investment as competing media giants battle for market dominance
How Will the $6.2 Billion Nexstar-Tegna Deal Reshape Lafayette’s Media Landscape?
Major broadcast consolidation puts KLFY owner in direct competition with Gray Media’s growing Louisiana empire
LAFAYETTE, La. (KPEL News) — Another major change could be coming to Lafayette media, this time to KLFY…