Media General announced that it had entered into a definitive agreement to be acquired by Nexstar Broadcasting Group. The combined company will be known as Nexstar Media Group, and will own 171 stations, including WOOD-TV, serving an estimated 39% of households. The acquisition was completed on January 17, 2017. On December 3, 2018, Nexstar announced it would acquire the assets of Tribune Media (owners of Fox affiliate WXMI) for $6.4 billion in cash and debt. Nexstar is precluded from acquiring WXMI directly or indirectly, as FCC regulations prohibit common ownership of more than two stations in the same media market, or two or more of the four highest-rated stations in the market. As such, Nexstar was required to sell either WXMI, WOOD and/or WOTV to separate, unrelated companies to address the ownership conflict. A sale of WXSP-CD was not required, as WXSP does not rank among the four highest-rated stations in the Grand Rapids–Kalamazoo–Battle Creek market and is not subject to FCC duopoly rules as it is licensed as a Class A low-power station. On March 20, 2019, it was announced Nexstar would keep both the WOOD-TV/WOTV duopoly and WXSP-CD and sell WXMI to the Cincinnati-based E. W. Scripps Company, as part of the company's sale of nineteen Nexstar- and Tribune-operated stations to Scripps and Tegna Inc. in separate deals worth $1.32 billion. Programming Syndicated programming Syndicated programs airing on WOOD-TV include Rachael Ray and Inside Edition. News operation WOOD-TV presently broadcasts 44 hours of locally produced newscasts each week (with seven hours each weekday and hours each on Saturdays and Sundays); in addition, the station produces a half-hour public affairs program To the Point with Rick Albin, which airs Sundays at 10:00 a.m.; a 25-minute sports highlight program Sports Overtime, which airs Sundays after the 11:00 p.m. newscast; and Football Frenzy, a weekly highlight program on Friday nights during the fall which covers high school football games as well as other sports news of the day (the 11 p.m. newscast is shortened to allow Football Frenzy to air during the regular time slot). WOOD-TV had the distinction of being one of the last remaining broadcast television stations in the United States to use the "24 Hour News Source" format, which was popular in many markets during the early 1990s, and has been used by the station since 1990. The only other stations still using the format (as of 2015)