Nexstar Media (NXST) Tops Q2 EPS by 2c, Revenues Miss
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CBS, Nexstar to renew affiliation agreement in multi-year deal
August 6, 2019 10:27 AM EDT(Reuters) - CBS Corp (NYSE: CBS) said on Tuesday it reached a multi-year agreement with Nexstar Media Group Inc (NASDAQ: NXST) to renew CBS network affiliations for Nexstar stations.
The move will extend agreements related to 19 stations... More
CBS Corp. (CBS), Nexstar Media Group (NXST) Renew Affiliation Agreements
August 6, 2019 9:15 AM EDTCBS Corporation (NYSE: CBS) and Nexstar Media Group, Inc. (Nasdaq: NXST) today announced a multi-year agreement that renews CBS network affiliations for Nexstar stations, in fifteen markets that reach approximately 5% of the U.S. audience and nearly six million households. The new agreement extends all CBS/Nexstar affiliation agreements related to a total of 19 stations that were set to expire this year.
Nexstar is the largest independent operator of CBS affiliates, covering 13% of the U.S. and serving more than 14 million households. Nexstar owns and/or operates CBS... More
