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The Nexus
BUSINESSJun 14 · 09:00 UTCFORTUNEPerry A. Sook

Nexstar CEO: big tech swallowed local newspapers. Local TV could be next

Nexstar CEO warns that Big Tech platforms like Google/YouTube, TikTok, Amazon, Meta, and Netflix are dominating the media landscape, threatening local TV news by monopolizing advertising revenue and reshaping news consumption. He compares this to the collapse of local newspapers, which lost 270,000 jobs in 20 years due to similar digital competition.

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Nexstar Media GrouporganizationGoogle/YouTubeorganizationTikTokorganizationAmazonorganizationMetaorganizationNetflixorganizationS&P Global/KaganorganizationMedill Local News Initiativeorganization
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