Nexstar Media Group and Cox Communications Reach Multi-Year Distribution Agreement

Rhea-AI Summary

Nexstar Media Group, Inc. (NASDAQ: NXST) and Cox Communications have reached a multi-year distribution agreement covering 38 Nexstar-owned television stations, national cable news network NewsNation, and digital networks Antenna TV and Rewind TV. Specific terms were not disclosed.

Comprehensive Contract Covers Nexstar’s Local Television Stations, Cable News Network NewsNation, and Antenna TV and Rewind TV

IRVING, Texas--(BUSINESS WIRE)-- Nexstar Media Group, Inc. (NASDAQ: NXST), and Cox Communications today announced that they have reached a comprehensive, multi-year distribution agreement. The agreement covers 38 Nexstar-owned television stations in 23 markets across the country, national cable news network NewsNation, and digital networks Antenna TV and Rewind TV. Specific terms of the agreement were not disclosed.

About Nexstar Media Group, Inc.

Nexstar Media Group, Inc. (NASDAQ: NXST) is a leading diversified media company that produces and distributes engaging local and national news, sports and entertainment content across its television and digital platforms, including more than 300,000 hours of programming produced annually by its business units. Nexstar owns America’s largest local broadcasting group comprised of top network affiliates, with 200 owned or partner stations in 116 U.S. markets reaching 212 million people. Nexstar’s national television properties include The CW, America’s fifth major broadcast network, NewsNation, America’s fastest-growing national cable news network, popular entertainment multicast networks Antenna TV and Rewind TV, and a 31.3% ownership stake in TV Food Network. The Company’s portfolio of digital assets, including its local TV station websites, The Hill and NewsNationNow.com, are collectively a Top 10 U.S. digital news and information property. For more information, please visit nexstar.tv.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231107288970/en/

Media Contact:

Gary Weitman

EVP & Chief Communication Officer

Nexstar Media Group, Inc.

972/373-8800 or gweitman@nexstar.tv

Investor Contact:

Joseph Jaffoni or Jennifer Neuman

JCIR, Inc.

212/835-8500 or nxst@jcir.com

Source: Nexstar Media Group, Inc.

FAQ

What companies are involved in the multi-year distribution agreement?

Nexstar Media Group, Inc. (NASDAQ: NXST) and Cox Communications.

What does the agreement cover?

The agreement covers 38 Nexstar-owned television stations, national cable news network NewsNation, and digital networks Antenna TV and Rewind TV.

Were the specific terms of the agreement disclosed?

No, specific terms were not disclosed.