Which companies did Sook warn about?

Sook warned about big tech companies such as Amazon and Meta.

What concerns did Sook raise about local TV?

Sook expressed concern that big tech could acquire local TV and disrupt its business model, as it did with local newspapers.

Nexstar CEO: Big tech swallowed local newspapers, local TV could be next

Q: How many journalists does Sook employ now?

Sook employs thousands of journalists across the United States.

Perry Sook, CEO of Nexstar Media, warns that big tech companies like Amazon and Meta may acquire local television after having swallowed local newspapers. Sook started with one TV station in Scranton over 30 years ago and now employs thousands of journalists nationwide.

June 14, 2026

2 min read

Source: Fortune

Perry Sook, CEO of Nexstar Media Group, warned that big tech companies like Amazon (AMZN) and Meta (META) may target local television after having caused the decline of local newspapers.

Details

In an interview with Fortune, Sook said he started with one TV station in Scranton, Pennsylvania over 30 years ago and now employs thousands of journalists across the United States. He noted that big tech companies have acquired and disrupted local newspapers' business models, warning that local TV could face the same fate.

Context

Sook's comments come as traditional media face increasing pressure from tech giants that dominate digital advertising and content audiences. Nexstar Media is the largest operator of local TV stations in the U.S.

What This Means for Investors

Sook's remarks highlight structural challenges for the local media sector but do not constitute an investment recommendation. Investors in stocks like AMZN and META may see opportunities in expanding local content, while Nexstar faces pressure to maintain its market share.

Frequently Asked Questions

Perry Sook is the CEO of Nexstar Media Group, the largest operator of local TV stations in the United States.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.