On March 19, 2026, the FCC approved the $6.2 billion acquisition of TEGNA TV stations by Nexstar Media Inc., including KFMB-TV 8 San Diego. The CBS network affiliate will join independent KUSI and Fox network affiliate KSWB (“Fox 5”) under common ownership in the San Diego market. The deal makes Nexstar the owner of 259 television stations in the U.S. and includes a waiver of the FCC’s national ownership rule, which prohibits a single corporation from owning more than 39% of the country’s stations. Cable and satellite distribution groups have filed legal challenges, citing Nexstar’s future leverage in retransmission fee negotiations. Some states and Newsmax have also filed legal challenges.

FCC rules currently disallow a single entity from owning more than two full-power TV stations in a given Designated Market Area (DMA), but the FCC waived this rule for San Diego, citing a possible loss of local news should KUSI be divested.

There is some speculation and rumors that the local operating group of stations will close the Engineer Road plant, where KFMB has operated since 1976.