Nexstar lays off local TV journalists including KTLA's Glen Walker and Lu Parker

"Glen Walker and Lu Parker, anchors of KTLA's late morning and midday newscasts, are out along with meteorologist Mark Kriski. Kriski had been with KTLA since 1991, while Walker has been at the station's anchor desk since 2010. Parker joined KTLA in 2005."

"The layoffs are part of a company-wide cost reduction across Nexstar's stations. The Irving, Texas-based media giant, which recently agreed to a $6.2-billion merger with station group Tegna, is looking for savings as traditional TV viewing declines and puts pressure on ad revenue as consumers continue to move to video-streaming platforms."

"SAG-AFTRA condemned the layoffs, calling them evidence of dangerous media consolidation as Nexstar pursues a $6.2-billion merger with Tegna. Television station groups have been lobbying the government to lift restrictions that limit them to 39% coverage of U.S households."

Nexstar Media Group eliminated positions at Los Angeles station KTLA, including anchors Glen Walker and Lu Parker and meteorologist Mark Kriski, who had tenures ranging from 14 to 33 years. These layoffs are part of broader cost-reduction efforts across Nexstar's stations as traditional television viewing declines and streaming platforms capture advertising revenue. The company, pursuing a $6.2-billion merger with Tegna, faces pressure to reduce expenses. SAG-AFTRA condemned the cuts as evidence of dangerous media consolidation. Nexstar, the largest U.S. TV station ownership group, is advocating for government deregulation to increase its household coverage cap beyond 39% to compete more effectively with technology companies.

Read at Los Angeles Times