Texas-based Nexstar Media Group, which already owns Fox5 in San Diego, announced Monday it will acquire KUSI-TV for $35 million.
"KUSI-TV's established local news operations serving viewers and advertisers across the San Diego community is a perfect fit with our station group and existing San Diego operations at KSWB-TV ," Tom Carter, Nexstar's president and chief operating officer, said in a statement."
"I have known Perry Sook, Nexstar's chairman and chief executive officer, for more than 30 years," current KUSI owner Mike McKinnon said in a statement."He is a great broadcaster who has built a tremendous organization. We have a great team of news people at KUSI-TV, and joining these two companies will create one of the most dynamic news organizations in all of Southern California.
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