{"id":632,"date":"2026-05-26T14:12:30","date_gmt":"2026-05-26T14:12:30","guid":{"rendered":"https:\/\/uspropertymoves.com\/?p=632"},"modified":"2026-05-26T14:12:30","modified_gmt":"2026-05-26T14:12:30","slug":"tv-giant-tegna-names-fox-veteran-as-ceo-amid-nexstar-merger-legal-showdown","status":"publish","type":"post","link":"https:\/\/uspropertymoves.com\/?p=632","title":{"rendered":"TV Giant Tegna Names Fox Veteran as CEO Amid Nexstar Merger Legal Showdown"},"content":{"rendered":"<div>\n<!-- do not apply CSS styles to this element! --><\/p>\n<div>\n<p>\n\tTV station company Tegna Inc. has named Patrick Paolini its new CEO, effective June 1. The news comes after fellow station giant Nexstar Media Group closed its acquisition of Tegna in March, but the latter is so far operating autonomously under Nexstar\u2019s ownership\u00a0following legal filings from DirecTV\u00a0and state attorneys general, which led a judge to issue a temporary restraining order on Nexstar\u2019s full absorption of Tegna\u2019s assets and operations. <\/p>\n<p>Read more <a href=\"https:\/\/uspropertymoves.com\/?p=630\">\u2018Miss You, Love You\u2019 Review: Allison Janney and Andrew Rannells Lead HBO\u2019s Thoughtful but Overly Mannered Grief Drama<\/a><\/p>\n<p>\n\tPaolini joins the company from Fox Television Stations, where he has served as executive vp of advertising sales since 2023.<\/p>\n<p>\n\t\u201cPaolini will be responsible for Tegna\u2019s daily operations, revenue-generating business strategies, local journalism and production, and growth initiatives,\u201d and report directly to the company\u2019s board of directors, the company said. \u201cPaolini brings more than 30 years of local broadcast management experience and a distinguished track record in sales, marketing, and news operations to his new role with Tegna, including management of large-market television stations.\u201d <\/p>\n<p>\n\tIn his most recent Fox Television Stations position, Paolini was responsible for ad sales strategy, initiatives, and efforts across the station group. He previously served as senior vp and general manager of WTTG Fox 5 and WDCA Fox 5 Plus, the Fox-owned-and-operated duopoly in Washington, D.C.<\/p>\n<p>Read more <a href=\"https:\/\/uspropertymoves.com\/?p=628\">\u2018Victorian Psycho\u2019 Explores How Far Audience Is \u201cWilling to Root for Revenge Against the Patriarchy\u201d<\/a><\/p>\n<p>\n\t\u201cPatrick is an ideal choice to lead Tegna,\u201d said the company\u2019s board. \u201cHe brings deep expertise in the broadcast television industry, major-market station management, and high-quality local news, along with a proven track record of driving revenue growth across linear and digital platforms. He is an innovative thinker and a proven leader with an established history of success. We look forward to Patrick\u2019s leadership of this great company.\u201d <\/p>\n<p>\n\tGuggenheim analysts Curry Baker and Michael Morris noted in a recent report about the state of the merger: \u201cLegal proceedings around\u00a0Tegna\u00a0are continuing, and [Nexstar] management remains confident they will prevail on the merits of the case. Currently, Nexstar is abiding by the hold-separate order pending the appeal\u2026. We would note Nexstar has full use of\u00a0Tegna\u2019s cash flow to pay down debt, and even without the synergies, the transaction is still materially accretive to our 2026\/2027 free cash flow outlook.\u201d<\/p>\n<p>Read more <a href=\"https:\/\/uspropertymoves.com\/?p=627\">The 6\u20198\u2033 (In Heels) Action Star Playing Dr. Frank-N-Furter on Broadway<\/a><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TV Giant Tegna Names Fox Station Veteran Patrick Paolini CEO Amid Nexstar Merger Legal Showdown.<\/p>\n","protected":false},"author":1,"featured_media":631,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[646,647],"class_list":["post-632","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-interesting","tag-nexstar","tag-tegna"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>TV Giant Tegna Names Fox Veteran as CEO Amid Nexstar Merger Legal Showdown - 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