Nexstar Media Group Names Randy Ingram Vice President and General Manager of Indianapolis, Indiana Broadcast and Digital Operations

January 18, 2017

Accomplished Broadcast Executive with 35 Years of Local Media, Marketing and Sales Management Experience Returns to Indianapolis to Lead WISH-TV, WNDY-TV and WISHTV.com

INDIANAPOLIS, Indiana and IRVING, Texas – Nexstar Media Group, Inc. (Nasdaq: NXST) announced today that Randy Ingram has been appointed Vice President and General Manager of WISH-TV (CW), WNDY-TV (MyNet) and associated mobile and digital operations, including WISHTV.com, which serve Indianapolis, Indiana (DMA #27). The appointment is effective immediately and Mr. Ingram will report to Brian Jones, Executive Vice President and Chief Operating Officer of Nexstar Broadcasting, Inc.

Mr. Ingram’s professional career spans over 35 years with expertise in local news programming and content, station and sales management, new business development, digital media and strategic planning across multiple media platforms. Mr. Ingram most recently served as Vice President and General Manager of WBTW-TV (CBS) in Myrtle Beach, SC (DMA #102), where he also held Regional Manager responsibilities, overseeing WCBD-TV (NBC) in Charleston, SC (DMA #94) and WSAV-TV (NBC / CW) in Savannah, GA (DMA #91). Under his leadership, the group of stations consistently exceeded economic goals and increased profitability. While in Myrtle Beach, Mr. Ingram implemented effective comprehensive multi-platform marketing strategies and solutions for local and national advertisers that led to impressive revenue share growth, resulting in the complete reversal of a five-year trend of losses. Prior to that, Mr. Ingram served as Vice President and General Manager at WRBL-TV (CBS), in Columbus, GA (DMA #127) where he produced similar results, reversing a trend of historical negative performance and significantly growing revenue share by increasing customer retention and new local direct business partnerships.

He began his local media sales career at WNDY-TV in Indianapolis, IN. Mr. Ingram started his broadcasting career in news and production at KHQA-TV (CBS) in Quincy, IL (DMA #170) and later moved on to become Station Operations Manager and Executive Producer at WFLD-TV (FOX) in Chicago, IL (DMA #3). Mr. Ingram’s return to Indianapolis is a homecoming where he has an intimate knowledge of the market and its competitive landscape.

Commenting on the appointment, Brian Jones stated, “Throughout his career, Mr. Ingram has demonstrated a results-oriented approach to the business of broadcasting and sales management. He brings to his new role an intimate understanding of the local community and a long-term record of achieving outstanding revenue results by identifying new business opportunities and leading teams responsible for implementing innovative marketing solutions across multiple media platforms. Randy is a well-respected leader who has consistently exceeded economic and operational goals by developing creative programming strategies and unique marketing concepts while elevating the level of service provided to local viewers, businesses and community organizations. We have the highest degree of confidence in Randy’s ability to continue elevating the level of value and service that WISH-TV, WNDY-TV and WISHTV.com, currently provide to the local marketplace and we look forward to the return of his entrepreneurial spirit to our Indianapolis broadcast and digital operations.”

Commenting on his new role, Randy Ingram stated, “Nexstar’s organization-wide commitment to local viewers and advertisers is unequalled in the broadcasting industry and reflective of the Company’s long term success. In this new role, I will utilize the management, content production and marketing experience garnered over my career to further enhance and grow the operations of these legacy stations, while delivering superior levels of service to our local viewers and advertisers. I look forward to taking on this new opportunity at Nexstar and working alongside the exceptional local media teams at WISH-TV, WNDY-TV and WISHTV.com. I am excited to reconnect with my Midwestern roots and plan to immediately immerse myself into the Indianapolis community and become an active participant in the economic development of the area by developing strong relationships with local businesses and community organizations.”

Mr. Ingram earned his Bachelor of Arts degree from Western Illinois University. Mr. Ingram and his wife, Carla will be immediately relocating to the Indianapolis area.

About Nexstar Media Group, Inc.
Nexstar Media 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 171 television stations and related digital multicast signals reaching 100 markets or approximately 39% of all U.S. television households. Nexstar’s portfolio includes primary affiliates of NBC, CBS, ABC, FOX, MyNetworkTV and The CW. Nexstar’s 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. For more information please visit www.nexstar.tv.

Forward-Looking Statements
This communication includes forward-looking statements. We have based these forward-looking statements on our current expectations and projections about future events. Forward-looking statements include information preceded by, followed by, or that includes the words “guidance,” “believes,” “expects,” “anticipates,” “could,” or similar expressions. For these statements, Nexstar and Media General claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this communication, concerning, among other things, the ultimate outcome and benefits of a transaction between Nexstar and Media General and timing thereof, and future financial performance, including changes in net revenue, cash flow and operating expenses, involve risks and uncertainties, and are subject to change based on various important factors, including the timing to consummate the proposed transaction; the risk that a condition to closing of the proposed transaction may not be satisfied and the transaction may not close; the risk that a regulatory approval that may be required for the proposed transaction is delayed, is not obtained or is obtained subject to conditions that are not anticipated, the impact of changes in national and regional economies, the ability to service and refinance our outstanding debt, successful integration of Media General (including achievement of synergies and cost reductions), pricing fluctuations in local and national advertising, future regulatory actions and conditions in the television stations’ operating areas, competition from others in the broadcast television markets, volatility in programming costs, the effects of governmental regulation of broadcasting, industry consolidation, technological developments and major world news events. Nexstar and Media General undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. In light of these risks, uncertainties and assumptions, the forward-looking events discussed in this communication might not occur. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this release. For more details on factors that could affect these expectations, please see the definitive joint proxy statement/prospectus of Nexstar and Media General and Media General’s and Nexstar’s other filings with the SEC.

Contact:
Brian Jones
EVP and Chief Operating Officer
Nexstar Broadcasting, Inc.
972-373-8800 or bjones@nexstar.tv

Joseph Jaffoni, Jennifer Neuman
JCIR
212/835-8500 or nxst@jcir.com