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Nexstar CEO Perry Sook Rips DirecTV For Its Opposition Of Tegna Deal
Nexstar CEO Perry Sook criticized DirecTV for its opposition to the proposed $6.2 billion merger with Tegna, following a federal judge’s decision to block the deal. Sook argued that large tech companies like Amazon and Google are the true “behemoths” in the media landscape, not Nexstar, and accused DirecTV of trying to weaken companies it negotiates with. He also suggested that the involvement of several state attorneys general in the lawsuit was a “cynical ploy” in an election year and predicted that only “two or three companies” will eventually control local TV.