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Big Station Groups Bulk Up With Streaming Options, National Newscasts

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variety.com
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Cynthia Littleton Business EditorAfter years of buying and selling, the nation’s largest TV station groups have become local leviathans that own dozens of outlets across the country.At an unsettled time for broadcast TV, the biggest independent groups — including Nexstar Media, Sinclair Broadcast Group and E.W.

Scripps — are increasingly trying to generate new profit sources by using local news and programming assets in innovative ways.Station owners are looking to capitalize on the fallout from cord-cutting, which has swelled the number of American households that watch free over-the-air TV without a cable subscription.

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