Broadcast TV stations have long had the highest profit margins in the media business. But the financial model that sustained that growth has steadily eroded in recent years. Streaming — which now ...

The FCC has approved the sale of Tegna television stations to rival Nexstar Media Group Thursday. The deal would create a company that owns 259 television stations in 44 states.

The Trump administration has approved a controversial media megamerger that promises to dramatically change local TV news.