Is Nexstar Undermining A Minority Owner’s TV Operation?



On June 6, 2014, one of the nation’s largest broadcast television station groups acquired three licensees in an all-stock deal — Grant Broadcasting, Communications Corporation of America and White Knight Broadcasting.

Because of local ownership limits, three stations were sold to a newly formed entity led by a minority owner known for his 21-year stint as GM of a small Gary, Indiana AM targeting the African-American community and, concurrently, as the Group Publisher of the Los Angeles Wave Publications Group since June 1998.

Now, the TV company led by Pluria Marshall Jr. is suing the entity it acquired the three stations from, Nexstar Media Group, for what it says are Nexstar’s active efforts “to undermine” its TV trio.

Please Login to view this premium content. (Not a member? Join Today!)