13 Stations Affected as Cox Has Yet to Reach Distribution Agreement with Nexstar Broadcasting IRVING, Texas – Effective 11:59 p.m. local time on January 29, cable TV provider Cox Communications (“Cox”) dropped the network and local community programming for 13 stations impacting viewers in nine markets. The action follows Cox’s refusal to reach a new […]
Broadcast Stations/Groups Generate Approximately 35% of Household Viewing, Yet Receive on average About 12% of Total Distribution Revenue from Cable, Satellite and Telecom Providers such as Cox Cox Willing to Hold its Subscribers Hostage Rather than Reach an Agreement with Nexstar and Other Broadcasters at Fair Market Rates Nexstar Broadcasting Strongly Disputes Mischaracterizations Made by […]
Combined Company, To Be Named Nexstar Media Group, Will Be a Leading, Diversified Local Marketing and Content Platform with Strong Financial and Growth Profile Shareholders of Both Companies to Realize Immediate and Long-Term Value IRVING, Texas and Richmond, VA – Nexstar Broadcasting Group, Inc. (Nasdaq: NXST) and Media General, Inc. (NYSE: MEG) announced today that they […]
13 Stations Potentially Affected as Cox Has Yet to Reach Distribution Agreement with Nexstar Broadcasting IRVING, Texas – Nexstar Broadcasting Group, Inc. (Nasdaq: NXST) (“Nexstar”) announced today that Cox Communications (“Cox”) subscribers in nine markets are at risk of losing network and local community programming at 11:59 p.m. local time on January 29, 2016 as […]
Nexstar Broadcasting Group, Inc. announced today that its Board of Directors approved a 26.3 percent increase in the quarterly cash dividend to $0.24 per share of its Class A common stock.
Nexstar Broadcasting Group, Inc. announced today that it will report its 2015 fourth quarter financial results before the market opens on Thursday, February 25, 2016.