Nexstar, Cox Communications Resolve Carriage Dispute
February 04 2016 - 9:00PM
Dow Jones News
Nexstar Broadcasting Group Inc. has reached a retransmission
agreement with Cox Communications that will resolve a television
blackout that started late last week.
The agreement covers 13 stations in nine markets. Nexstar said
specific terms weren't disclosed.
Contract disputes between programmers and distributors have
become commonplace in recent years. A major cause of the conflicts
is that programmers want higher fees from distributors for carriage
of their channels.
TV viewers around the country endured a record 193 blackouts in
2015, up from 94 the previous year and eight in 2010, because of an
intensifying battle between cable companies and the broadcasters
who provide a key part of their programming.
Last month, Dish Network LLC accused Minnesota-based media
conglomerate Cordillera Communications LLC of pulling its broadcast
signals during NFL wild-card playoff games in multiple markets to
use the games as leverage. The two sides settled the dispute.
Last month, Nexstar reached a deal to buy Media General Inc. for
$2.13 billion, ending a three-way merger standoff with rival
deal-seeker Meredith Corp.
John D. McKinnon contributed to this article.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
February 04, 2016 20:45 ET (01:45 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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