Earlier this month, Nexstar Media Group moved forward with exercising an option to acquire two MyNetwork TV affiliates serving the Shreveport, La., and Tyler-Longview, Tex., markets.
Now, Nexstar is agreeing to proceed with an option to purchase another station in Texas. With the FCC’s approval, the nation’s largest broadcast TV company would have a duopoly in the Rio Grande Valley, converting a services agreement to outright ownership.
