Nexstar Broadcasting Group, Inc. (Nasdaq: NXST) announced today that it
has entered into a long-term affiliation agreement with the NBC
Television Network which covers 16 of its owned or operated stations.
Commenting on the agreement, Nexstar Broadcasting Group President and
CEO, Perry A. Sook said, “We are delighted to extend our affiliation
agreements with NBC in a manner that recognizes the value of NBC
programming to our stations and the value that our stations bring to the
NBC television network and our local viewers. NBC continues to have
great momentum with a solid and successful lineup in all dayparts. With
our stations also producing high quality, original, local news and other
exclusive local programming, we are delivering great entertainment and
information to viewers and an excellent platform for marketing solutions
for local and national advertisers.”
“We are very pleased to extend our affiliation with Nexstar in 16 key
markets,” said Jean Dietze, EVP, Affiliate Relations, NBC
Broadcasting. “Nexstar has a proven record for providing local viewers
with high-quality programming and strong community support. We look
forward to continuing our long-time collaboration with Perry and his
local teams.”
About Nexstar Broadcasting Group, Inc.
Nexstar
Broadcasting Group is a leading diversified media company that
leverages localism to bring new services and value to consumers and
advertisers through its traditional media, digital and mobile media
platforms. Nexstar owns, operates, programs or provides sales and other
services to 80 television stations and 20 related digital multicast
signals reaching 46 markets or approximately 13.1% of all U.S.
television households. Nexstar’s portfolio includes affiliates of NBC,
CBS, ABC, FOX, MyNetworkTV, The CW, Telemundo, Bounce TV, Me-TV, and
LATV. Nexstar’s 48 community portal websites offer additional
hyper-local content and verticals for consumers and advertisers,
allowing audiences to choose where, when and how they access content
while creating new revenue opportunities.
Pro-forma for the completion of all announced transactions Nexstar will
own, operate, program or provides sales and other services to 110
television stations and related digital multicast signals reaching 58
markets or approximately 18.0% of all U.S. television households.
Copyright Business Wire 2014