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Nexstar-owned ABC affiliates won't show Kimmel's return Tuesday, joining Sinclair in preempting program
CNBC· 2025-09-23 15:06
People gather outside the El Capitan Entertainment Centre where the "Jimmy Kimmel Live!" show is performed in Hollywood on Sept. 18, 2025 in Los Angeles, California.Nexstar Media Group, one of the largest owners of broadcast TV stations, said it would not air the return of "Jimmy Kimmel Live!" on Tuesday. The company joins Sinclair, which said Monday it didn't plan to air the late night show, and instead would show other programming. This is breaking news. Please refresh for updates. ...
Jimmy Kimmel is returning to the air, Disney says
Business Insider· 2025-09-22 19:48
After ABC's decision last week to pull Jimmy Kimmel off the air "indefinitely," he's coming back. On Monday, Disney, which owns ABC, said the "Jimmy Kimmel Live!" host would return and the show would resume on Tuesday."Last Wednesday, we made the decision to suspend production on the show to avoid further inflaming a tense situation at an emotional moment for our country. It is a decision we made because we felt some of the comments were ill-timed and thus insensitive," the Walt Disney Company said in a st ...
Nexstar Media Group, Inc. (NXST) Presents At Bank Of America 2025 Media, Communications & Entertainment Conference Transcript
Seeking Alpha· 2025-09-04 21:01
Core Viewpoint - The company is optimistic about achieving regulatory approval for the acquisition of TEGNA, supported by positive comments from the FCC regarding deregulation in the local broadcast TV industry [1] Group 1: Regulatory Environment - The FCC has made several positive comments and shown support for deregulation, which is crucial for the company's acquisition strategy [1] - The company has a long history of scaling local broadcast TV assets, which enhances its credibility in navigating regulatory challenges [1] Group 2: Industry Perspective - The company has been a vocal champion of the local broadcast TV industry, indicating a commitment to its growth and evolution [1] - The recent acquisition announcement of TEGNA reflects the company's strategic vision for expanding its market presence and operational capabilities [1]
X @The Wall Street Journal
Mergers and Acquisitions - Sinclair, one of the largest owners of local television stations in the US, has offered to merge its broadcast TV business with Tegna [1]
Bally's (BALY) Earnings Call Presentation
2025-05-25 14:11
Acquisition and Partnership Highlights - Bally's will acquire 100% ownership of BetWorks for $125 million, with 50% in cash and 50% in equity[8] - Bally's and Sinclair are entering into a media partnership, integrating Bally's content into Sinclair's broadcast stations and sports networks[8] - Sinclair will receive warrants and options to own a minority stake in Bally's[8] Market Opportunity - Bally's is positioned to capture a significant share of the ~$50 billion U S sports betting and iGaming market opportunity[27] - The U S online sports betting and iGaming market is estimated to reach $2 6 billion in 2020[28] - The U S online sports betting and iGaming market generated $1 0 billion in 2019[28] Sinclair Broadcast Group Overview - Sinclair Broadcast Group has coverage of ~70% of total U S households[32] - Sinclair's RSNs broadcast over 4,600 professional sports games per year[35] - Sinclair owns, operates, and/or provides services to 190 television stations[39] Bally's Strategic Positioning - Bally's has a strategic footprint in states that have generated ~80% of the US sports betting revenues[13] - Bally's database size is ~14 million[14]