The CW Network And Nexstar Broadcasting Group Reach Long-Term Affiliation Agreement

Agreement Extends Affiliation for 9 CW Affiliated Television Stations Owned or Operated by Nexstar

BURBANK, CA and IRVING, TX – The CW Network and Nexstar Broadcasting Group, Inc. (Nasdaq: NXST) have reached new long-term affiliation agreements for all nine of Nexstar’s currently affiliated CW owned or operated stations across the country.

“The CW and Nexstar have enjoyed an incredibly successful relationship through our affiliated stations around the country, as both companies have grown over the years. We’re thrilled to extend our partnership well into the future,” said Chris Brooks, Senior Vice President, Network Distribution, The CW.

Nexstar Broadcasting Group President and CEO, Perry A. Sook added, “We are delighted to extend our affiliation agreements for our existing CW stations and to continue to bring CW’s unique brand and critically acclaimed programming to our viewers. Nexstar complements the CW line up with our production of high quality, original, local news and other exclusive local programming. The CW ended the 2014–15 season with a 12% increase in total viewership year-to-year and with the combined CW and Nexstar programming we are delivering great entertainment and information to viewers and an excellent marketing solutions platform for local and national advertisers.”

The stations extending their affiliation agreements with The CW include KASW in Phoenix, Ariz., KUCW in Salt Lake City, Utah, WCWJ in Jacksonville, Fla., WLMT in Memphis, Tenn., WWCW/WFXR-D2 in Roanoke, Va., WBRL in Baton Rouge, La., KGCW in Davenport, Iowa, KGET-D2 in Bakersfield, Calif., WWTI-D2 in Watertown, N.Y

Mission Broadcasting, Inc.’s stations KASN in Little Rock, Ark. and WTVW in Evansville, Ind. (for which Nexstar provides certain services) also entered new long-term affiliation agreements with The CW.

About The CW
THE CW TELEVISION NETWORK, a joint venture between Warner Bros. Entertainment and CBS Corporation, made its debut on September 20, 2006 as America’s fifth broadcast network and is the only network specifically targeting viewers ages 18-34, a demographic highly sought after by advertisers. The CW offers a five-night, 10-hour primetime lineup that runs Monday through Friday. In daytime, The CW broadcasts a Monday through Friday afternoon block, and a five-hour Saturday morning kids block. For more information, visit www.cwtv.com.

About Nexstar Broadcasting Group, Inc.
Nexstar Broadcasting 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 106 television stations and related digital multicast signals reaching 57 markets or approximately 17.3% of all U.S. television households. Nexstar’s portfolio includes affiliates of NBC, CBS, ABC, FOX, MyNetworkTV, The CW, Telemundo, Bounce TV, Me-TV, LATV, Estrella, This TV, Weather Nation Utah, Movies! and News/Weather. 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.

Pro-forma for the completion of all announced transactions Nexstar will own, operate, program or provide sales and other services to 115 television stations and related digital multicast signals reaching 62 markets or approximately 18.1% of all U.S. television households.

The CW Network Media Contacts:
Paul Hewitt, (818) 977-6171
Paul.Hewitt@cwtv.com

Alana Russo, (818) 977-5993
Alana.Russo@cwtv.com

Nexstar Broadcasting Group Contacts:
Thomas E. Carter
Chief Financial Officer
Nexstar Broadcasting Group, Inc.
972/373-8800

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