Outlet profile

Yahoo News / Nexstar wire

U.S. lean-left platform distributing center-right local TV wire content

Owned byDistribution platform Yahoo News is owned by Yahoo Inc. (approximately 90% Apollo Global Management, 10% Verizon Communications). Wire service content comes from Nexstar Media Group (publicly traded, Nasdaq: NXST), America's largest local TV broadcaster. The originating station WWAY (Wilmington, NC) is owned by Morris Multimedia, a privately held media company headquartered in Savannah, GA.

FundingYahoo News: digital advertising revenue. Nexstar Media Group: local TV advertising, retransmission consent fees, and political advertising (a major cyclical revenue driver). WWAY/Morris Multimedia: local TV advertising.

On the administrationmixed

Background

Yahoo was founded in 1994 by Jerry Yang and David Filo as one of the internet's first major portals; Yahoo News launched as part of that portal in the mid-1990s, aggregating links from wire services and major publications. Verizon acquired Yahoo in 2017 for roughly $4.5 billion, rebranding it under Verizon Media. In September 2021, private equity firm Apollo Global Management purchased approximately 90% of Yahoo for about $5 billion, with Verizon retaining a 10% stake; Yahoo News has continued operating as a content aggregator under Apollo. A 2026 analysis by the Media Research Center identified Yahoo News as the second-most left-leaning of the major news apps, and AllSides rates it Lean Left based on the outlets it preferentially surfaces. Nexstar Media Group, founded in 1996 and publicly traded, grew into America's largest local TV broadcaster through aggressive acquisition; it owns more than 200 local stations and operates the Nexstar Media Wire to syndicate content across its network and to partner outlets. WWAY has been on the air in Wilmington, NC since October 30, 1964 — the city's second TV station — and is currently owned by Morris Multimedia, which acquired it from Raycom Media in 2006; it is affiliated with ABC, CBS, and The CW. Nexstar's local TV operations and wire service are generally considered center to center-right in their editorial orientation, with NewsNation (a Nexstar cable network) having faced internal criticism for perceived conservative drift after its 2021 launch. The layered attribution — Yahoo platform, Nexstar wire, WWAY station — reflects the modern reality that a single article can pass through multiple commercial entities with distinct ownerships and biases before reaching a reader.

Sources

Profile compiled 2026-07-15; refreshed when ownership, funding, or the administration changes.

← Back to track record