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Looking to Buy Nexstar's Scraps

It appears that a number of media companies are forming a line at Perry Sook’s door for a chance to buy up some of his castaway stations in the Nexstar/Tribune deal.

Nexstar will have to shed some stations to fall within the FCC rules and Bloomberg says that Scripps Co., Gray Television, Meredith and Tegna, are circling the stations, which could fetch as much as $1 billion.

According to Bloomberg, representatives for Nexstar, Scripps and Tegna declined to comment.

A spokesman for Gray said the company will look seriously at every top-rated local television station that comes to market.

And then drive it straight into the ground the spokesman should have added, but did not.


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