On September 8, 2015, Media General announced that it would acquire Meredith for $2.4 billion, with the combined group to be renamed Meredith Media General. Because Media General owned WKRN-TV, and the two stations rank among the four highest-rated stations in the Nashville market in total day viewership, the companies would have been required to sell either WSMV-TV or WKRN to comply with FCC ownership rules as well as recent changes to those rules regarding same-market television stations that restrict sharing agreements. On January 27, 2016, Nexstar Broadcasting Group announced that it had reached an agreement to acquire Media General. This resulted in the termination of the acquisition of Meredith by Media General.