Nexstar Media Renews Affiliation Agreements With NBC
Nexstar Media Group (NASDAQ: NXST) and NBCUniversal have announced a multi-year renewal agreement to continue NBC Television Network affiliations in 33 markets across the U.S.
This renewal covers 29 stations owned by Nexstar, three owned by Mission Broadcasting, and one owned by White Knight Broadcasting. Collectively, these 33 stations reach over 14 million U.S. television households. Financial terms of the agreement were not disclosed.
Nexstar Media Group (NASDAQ: NXST) e NBCUniversal hanno annunciato un accordo di rinnovo pluriennale per continuare le affiliazioni al network televisivo NBC in 33 mercati negli Stati Uniti.
Questo rinnovo riguarda 29 stazioni di proprietà di Nexstar, tre di Mission Broadcasting e una di White Knight Broadcasting. Insieme, queste 33 stazioni raggiungono oltre 14 milioni di famiglie televisive statunitensi. I termini finanziari dell'accordo non sono stati divulgati.
Nexstar Media Group (NASDAQ: NXST) y NBCUniversal han anunciado un acuerdo de renovación por varios años para continuar las afiliaciones a la red de televisión NBC en 33 mercados de Estados Unidos.
Esta renovación cubre 29 estaciones propiedad de Nexstar, tres propiedad de Mission Broadcasting y una propiedad de White Knight Broadcasting. En conjunto, estas 33 estaciones alcanzan más de 14 millones de hogares televisivos en EE. UU. Los términos financieros del acuerdo no fueron divulgados.
Nexstar Media Group (NASDAQ: NXST)와 NBCUniversal는 미국의 33개 시장에서 NBC 텔레비전 네트워크 제휴를 지속하기 위한 다년 갱신 계약을 발표했습니다.
이번 갱신은 Nexstar가 소유한 29개 방송국, Mission Broadcasting 소유의 3개 방송국, White Knight Broadcasting 소유의 1개 방송국을 포함합니다. 이 33개 방송국은 총 1400만 가구 이상의 미국 텔레비전 가구에 도달합니다. 계약의 재정 조건은 공개되지 않았습니다.
Nexstar Media Group (NASDAQ: NXST) et NBCUniversal ont annoncé un accord de renouvellement pluriannuel pour continuer les affiliations au réseau de télévision NBC dans 33 marchés aux États-Unis.
Ce renouvellement couvre 29 stations détenues par Nexstar, trois détenues par Mission Broadcasting et une détenue par White Knight Broadcasting. Ensemble, ces 33 stations atteignent plus de 14 millions de foyers télévisuels américains. Les conditions financières de l'accord n'ont pas été divulguées.
Nexstar Media Group (NASDAQ: NXST) und NBCUniversal haben einen mehrjährigen Erneuerungsvertrag angekündigt, um die NBC-Fernsehnetzwerk-Affiliierungen in 33 Märkten in den USA fortzusetzen.
Diese Erneuerung umfasst 29 Stationen im Besitz von Nexstar, drei im Besitz von Mission Broadcasting und eine im Besitz von White Knight Broadcasting. Zusammen erreichen diese 33 Stationen über 14 Millionen US-Fernsehhaushalte. Die finanziellen Bedingungen des Vertrags wurden nicht bekannt gegeben.
- Multi-year renewal agreement with NBCUniversal.
- Renewal covers 33 markets, ensuring continued reach to over 14 million U.S. households.
- None.
Insights
The renewal of NBC affiliate agreements across 33 markets represents a critical operational continuity for Nexstar Media Group. With a reach of 14 million U.S. television households, these stations form a substantial portion of Nexstar's broadcasting footprint. While financial terms remain undisclosed, affiliate agreements typically involve revenue-sharing arrangements for retransmission fees and advertising revenue.
The multi-year nature of this agreement provides stability in Nexstar's business model and maintains its position as the largest local television broadcaster in America. For context, traditional network-affiliate relationships remain important despite the rise of streaming services, as local stations continue to deliver significant value through news programming and regional advertising opportunities.
Think of this deal as renewing a lease on 33 prime retail locations - it's not necessarily generating new revenue streams, but it's securing existing ones that are fundamental to the business. The agreement encompasses stations owned directly by Nexstar and its partner companies, showcasing the company's complex operational structure designed to comply with FCC ownership regulations while maximizing market presence.
Multi-Year Renewal Covers 33 Affiliated Nexstar-owned and Partner Television Stations
Financial terms 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 310,000 hours of programming produced annually by its business units. Nexstar owns America’s largest local television broadcasting group comprised of top network affiliates, with 200 owned or partner stations in 116 U.S. markets reaching 220 million people. Nexstar’s national television properties include The CW, America’s fifth major broadcast network, NewsNation, our national news network providing “News for All Americans,” popular entertainment multicast networks Antenna TV and Rewind TV, and a
View source version on businesswire.com: https://www.businesswire.com/news/home/20250108462559/en/
Media Contact:
Gary Weitman
EVP and Chief Communications Officer
Nexstar Media Group, Inc.
972-373-8800 or gweitman@nexstar.tv
Pat Bunting
NBCUniversal
201-815-9733 or pat.bunting@nbcuni.com
Investor Contact:
Joe Jaffoni or Jennifer Neuman
JCIR
212/835-8500 or nxst@jcir.com
Source: Nexstar Media Group, Inc.
FAQ
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