TVNewser LostRemote AgencySpy PRNewser FishbowlNY FishbowlDC SocialTimes AllTwitter AllFacebook InsideFacebook InsideSocialGames InsideMobileApps

Nexstar Broadcasting to Create Duopolies in Fresno, Bakersfield

Nexstar Broadcasting has completed its acquisition of three California stations from Newport Television: NBC affiliate KGET and Telemundo affiliate KKEY in Bakersfield and CBS affiliate KGPE in Fresno.

The $34.5 million transaction will create duopolies for Nexstar in both Fresno and Bakersfield, Calif. Nexstar announced plans to acquire NBC affiliate KSEE in Fresno last month.

“This transaction is consistent with our acquisition criteria as it further diversifies our operations, creates new duopoly markets and is financially accretive,” Nexstar president and CEO Perry A. Sook said in a statement.

Mediabistro Course

Social Media 101

Social Media 101Get hands-on social media training for beginners in our online boot camp, Social Media 101. Starting September 4, social media and marketing experts will help you determine the social media sites that matter most to you, based on your personal and professional goals. Hurry, this boot camp starts next week! Register now!