Nexstar Media Group

From Wikipedia, the free encyclopedia
  (Redirected from Nexstar Broadcasting)
Jump to: navigation, search
Nexstar Media Group, Inc.
Nexstar Media Group
Public
Traded as NASDAQNXST
Industry Broadcast television
Founded Irving, Texas (1996)
Founder Perry A. Sook
Headquarters Irving, Texas
Area served
United States (Nationwide)
Key people
Perry A. Sook
(Chairman, President and CEO)
Thomas E. Carter
(Executive Vice President & Chief Financial Officer)
Timothy Busch
(Executive Vice President & Co-Chief Operation Officer)
Brian Jones
(Executive Vice President & Co-Chief Operating Officer)
Products Television stations
Revenue Increase $896,4 million USD (2015)
Increase $17.5 million USD
Increase $83.6 million USD
Owner Shareholders (controlling)
Number of employees
2,230 (2011)
Divisions Lakana
Website www.nexstar.tv

Nexstar Media Group is a publicly traded American telecommunications company headquartered in Irving, Texas. The company's portfolio consists of 171 television stations across the U.S., most of whom are affiliates with the four "major" U.S. television networks located in small to medium-sized markets. It also operates all of the stations owned by an affiliated company, Mission Broadcasting, under local marketing agreements.[1][2]

History[edit]

Nexstar Media Group was founded as Nexstar Broadcasting Group in 1996.[3]

The first television station bought by Nexstar was WYOU-TV in Scranton, PA. Nexstar bought WYOU from locally owned Diversified Communications. Nexstar promptly fired two beloved anchors and laid-off several long-term staff-members. Perry Sook promised that WYOU would be Nexstar's flagship station and he kept an office right off the newsroom for many years. In one memorable moment in Sook's time there, the unedited version of the Robert Mitchum movie The Big Sleep aired on a Sunday afternoon. The production staff was amused to see Sook running down the hallway from his office to the Master Control suite when full frontal nudity appeared on screen during the movie.

In 1998, Nexstar purchased WBRE-TV in Wilkes-Barre, PA. Because this was in the same market as WYOU-TV, WYOU-TV was 'sold' to Mission Broadcasting. This began the first ever 'Shared-services' agreement between stations.WYOU-TV's sales staff was kept in Scranton while the production and news operations were moved to WBRE's offices in Wilkes-Barre. WYOU's staff who were not laid-off were fired by Nexstar, hired by Mission and eventually re-hired by Nexstar. Mission Broadcasting then paid Nexstar to operate and control the production and news gathering operations while Mission kept the sales and management team.

In 2003, Nexstar acquired Quorum Broadcasting (owner of 10 television stations).[4][5]

In July 2012, Nexstar agreed to purchase 11 stations and Inergize Digital Media from Newport Television with two stations going to affiliate Mission Broadcasting.[6]

On April 24, 2013, Nexstar announced that it would acquire the entire group of Communications Corporation of America, KMSS-TV, KPEJ-TV and most of the ComCorp-managed stations that are owned by White Knight Broadcasting would be sold to Mission Broadcasting while WEVV-TV and White Knight Broadcasting's KSHV-TV would be sold to a female-controlled company called Rocky Creek Communications, with Nexstar assuming operational control of those stations.[7]

On September 16, 2013, Nexstar announced that it would acquire WOI-DT, KCAU-TV, and WHBF-TV from Citadel Communications for $88 million. Nexstar immediately took over the stations' operations through a time brokerage agreement.[8] The deal followed Phil Lombardo's decision to "slow down," as well as a desire by Lynch Entertainment to divest its investments in WOI and WHBF; Citadel would continue to own KLKN, WLNE-TV, and its Sarasota properties.[9] On March 5, 2014, the Federal Communications Commission approved the sale of these stations to Nexstar outright and the deal was completed on March 13. KCAU continues to use Citadel's standardized news sets, graphics and logos.

On November 6, 2013, Nexstar announced that it would purchase the Grant stations for $87.5 million. Due to Federal Communications Commission ownership regulations, one of the stations, KLJB, was spun off to Marshall Broadcasting, but will be operated by Nexstar through a shared services agreement.[10] The sale was completed on December 1, 2014.[11]

On March 13, 2014, Nexstar announced that it would purchase Internet Broadcasting, a provider of for $20 million. The company had also recently acquired competitor Inergize Digital through its purchase of assets from Newport Television, followed by Enterprise Technology Group, a spun-out joint venture between LIN Media and Fox Television Stations). The providers were merged to form Lakana, led by former ETG CEO Phillip Hyun.[12][13][14][15]

On February 2, 2015, Nexstar finalized its acquisition of Yashi, a location focused video advertising and programmatic technology company, for $33 million.[16]

On September 28, 2015, Nexstar announced that it presented an unsolicited offer to buy Media General for $4.1 billion (including debt). Per share, shareholders of Media General would receive $10.50 in cash and 0.0898 shares of Nexstar, a total equivalent of $14,50 per share. Nexstar's offer is seen by analysts as a maneuver to torpedo the merger of Media General with Meredith Corporation (announced on September 8). If Media General agrees to the counter-offer within a 20-day period, Nexstar would expand its portfolio to 114 television stations, pending spin-offs in markets where both own stations and federal approval.[17][18][19][20][21] On November 16, Media General rejected the offer but agreed to negotiate after concluding its merge with Meredith.[22]

On November 17, 2015, Nexstar announced its intent to purchase West Virginia Media Holdings' stations for $130 million. The company took over the stations' non-license assets under a time brokerage agreement in December 2015 pending the formal completion of the deal, expected in late-2016. The two companies viewed the acquisition as being a complement to Nexstar's WHAG-TV, whose coverage area includes the Eastern Panhandle region. Nexstar CEO Perry A. Sook is an alumnus of WVMH–owned WOWK-TV.[23]

On January 27, 2016, Media General announced that it had entered into a definitive agreement to be acquired by Nexstar in a deal valued at $17.14 per-share, valuing the company at $4.6 billion plus the assumption of $2.3 billion debt. The combined company will be known as Nexstar Media Group, and own 171 stations, serving an estimated 39% of U.S. households. The company will pay Meredith Corporation (whom Media General had previously proposed a merger with) a termination fee of $60 million, and give Meredith right of first refusal to acquire any broadcast or digital properties that may be divested during the purchase. The deal also includes contingent value rights for Media General shareholders if it sells spectrum from its stations during the FCC's spectrum incentive auction.[24][25]

On May 27, 2016, Nexstar announced the sales of five stations. WCWJ in Jacksonville, Florida, along with WSLS-TV in Roanoke, Virginia, will be sold to the Graham Media Group, and KADN-TV, as well as KLAF-LD in Lafayette, Louisiana, will be sold to Bayou City Broadcasting, with KREG-TV in Glenwood Springs, Colorado going to Marquee Broadcasting as part of a series of divestitures required following Nexstar's acquisition of Media General due to Federal Communications Commission ownership caps (the sale of the Roanoke and Lafayette stations are required as Media General and Nexstar both own stations in those markets).[26]

Nexstar announced on June 13, 2016 that it would sell WFFT in Fort Wayne, Indiana, KQTV in St. Joseph, Missouri, KIMT in Rochester, Minnesota, WTHI in Terre Haute and WLFI in Lafayette, Indiana to Heartland Media, through its USA Television MidAmerica Holdings joint venture with MSouth Equity Partners, for $115 million. The divestitures will allow Nexstar to comply with FCC ownership rules (specifically pertaining to national market coverage for station owners) in advance of the approval proceedings of the merger of both groups (Nexstar already owns NBC affiliate WTWO and operates ABC affiliate WAWV-TV in Terre Haute, and plans to acquire Media General-owned CBS affiliate WANE-TV in Fort Wayne).[27]

The transaction was approved by the FCC on January 11, 2017. And the sale was completed on January 17.[28]

Television stations[edit]

The old Nexstar logo prior to 2006.

These stations are either owned and operated by Nexstar, or controlled by Nexstar through management services agreements (MSAs) with Mission Broadcasting. Prior to October 2011, Nexstar operated television stations that were owned by the Four Points Media Group; however, on September 8, 2011, Sinclair announced its intent of purchasing the Four Points stations outright and took over the MSA for the stations that October upon Federal Trade Commission (FTC) approval of the deal (the Federal Communications Commission (FCC) gave final approval of the group deal on December 21, and the Sinclair purchase of the Four Points stations was completed on January 1, 2012).[29] Nexstar also holds the license of one station which is currently operated by Sinclair through an MSA. Most of the stations Nexstar owns and operates were acquired through acquisitions of Quorum Broadcasting in 2003, Newport Television in 2012, Communications Corporation of America in 2015, and Media General in 2017. Many of these stations are licensed under Mission Broadcasting and operated through MSAs by Nexstar to comply with current FCC ownership limits.[30]

Each Nexstar cluster also operates its own news website, although they do not use their station branding or call letters in the addresses, choosing to use a slogan related to their area (though in all cases call letter-specific addresses are retained by Nexstar and redirect to a station's site for familiarity to site visitors and to discourage cybersquatting). Most local Nexstar sites also have a related .biz site separate from the news site to promote Nexstar's daily local deal efforts, paid "ask the experts" sections, any advertorial programming a station may air, and local advertisers in each market.

Current Nexstar stations[edit]

Stations are arranged alphabetically by state and by city of license.

Notes:

  • (Q) – Indicates a station owned by Quorum Broadcasting prior to its acquisition by Nexstar in 2003.
  • (¤¤) – Indicates a station acquired by Nexstar from Newport Television in 2012 & 2013. WXXA was sold concurrently to Shield Media in 2012. Nexstar would eventually operate the station in 2017.
  • (~~) – Indicates a station acquired by Nexstar from Citadel Communications in 2014.
  • (≈≈) – Indicates a station owned by Grant Broadcasting prior to its acquisition by Nexstar in 2014.
  • (##) – Indicates a station owned by Communications Corporation of America prior to its acquisition by Nexstar in 2015.
  • (§§) – Indicates a station owned by Media General prior to its merger by Nexstar in 2017.
  • (++) – Indicates a station owned by West Virginia Media Holdings prior to its acquisition by Nexstar in 2017.
City of License / Market Station Channel
TV (RF)
Owned Since Current Affiliation
Birmingham - Tuscaloosa - Anniston WIAT §§ 42 (30) 2017 CBS
Dothan - Ozark WDHN Q 18 (21) 2003 ABC
Huntsville WZDX ≈≈ 54 (41) 2014 Fox
MyNetworkTV (DT2)
Mobile - Pensacola WKRG-TV §§ 5 (27) 2017 CBS
WFNA §§ 55 (25) 2017 The CW
Phoenix KASW 61 (49) 2015 The CW
Fort Smith - Fayetteville - Springdale - Rogers KNWA-TV 51 (50) 2004 NBC
Fox (DT2)
KFTA-TV 1 24 (27) 2004 Fox
NBC (DT2)
Little Rock - Pine Bluff KARK-TV 4 (32) 2003 NBC
KARZ-TV 42 (44) 2009 MyNetworkTV
KLRT-TV ¤¤ 2 16 (30) 2013 Fox
KASN ¤¤ 2 38 (39) 2013 The CW
Bakersfield KGET-TV ¤¤ 17 (25) 2013 NBC
The CW (DT2)
Telemundo (DT3)
KKEY-LP ¤¤ 11 (17.3) 2013 Telemundo
Fresno KSEE 24 (38) 2013 NBC
KGPE ¤¤ 47 (34) 2013 CBS
San Francisco KRON-TV §§ 4 (38) 2017 MyNetworkTV
Colorado Springs - Pueblo KXRM-TV §§ 21 (22) 2017 Fox
KXTU-LD §§ 57 (20) 2017 The CW
Grand Junction KFQX 4 (15) 3 Fox
KREX-TV 5 (2) 2014 CBS
MyNetworkTV (DT3)
KGJT-CD 27 (27) 2014 MyNetworkTV
Montrose KREY
(Satellite of KREX)
10 (13) 2014 CBS
MyNetworkTV (DT2)
New Haven - Hartford WTNH §§ 8 (10) 2017 ABC
WCTX §§ 59 (39) 2017 MyNetworkTV
Panama City WMBB 13 (13) 2014 ABC
Tampa - St. Petersburg WFLA-TV §§ 8 (7) 2017 NBC
WTTA §§ 38 (32) 2017 MyNetworkTV
Augusta WJBF §§ 6 (42) 2017 ABC
Columbus, GA WRBL §§ 3 (15) 2017 CBS
Savannah - Hilton Head WSAV-TV §§ 3 (39) 2017 NBC
The CW (DT2)
MyNetworkTV (DT3)
Honolulu KHON-TV §§ 2 (8) 2017 Fox
The CW (DT2)
Hilo KHAW-TV §§
(Satellite of KHON)
11 (11) 2017 Fox
The CW (DT2)
Wailuku KAII-TV §§
(Satellite of KHON)
7 (7) 2017 Fox
The CW (DT2)
Champaign - Urbana - Springfield - Decatur WCIA 3 (48) 1999 CBS
WCIX 49 (13) 1999 MyNetworkTV
Peoria - Bloomington WMBD-TV 31 (30) 1999 CBS
WYZZ-TV 43 (28) 4 Fox
Rockford WQRF-TV Q 39 (42) 2003 Fox
WTVO 2 17 (16) 2004 ABC
MyNetworkTV (DT2)
Davenport - Burlington - Rock Island WHBF-TV ~~ 4 (4) 2013 CBS
KLJB ≈≈ 18 (49) 5 Fox
KGCW ≈≈ 26 (41) 2014 The CW
Evansville WEHT 25 (7) 2011 ABC
WTVW Q 2 7 (28) 2003 The CW
Fort Wayne WANE-TV §§ 15 (31) 2017 CBS
Indianapolis - Marion WISH-TV §§ 8 (9) 2017 The CW
WNDY-TV §§ 23 (32) 2017 MyNetworkTV
WIIH-CD §§
(Translator for WISH)
17 (8) 2017 The CW
Terre Haute WTWO 2 (36) 1997 NBC
WAWV-TV 2 38 (39) 2003 ABC
Ames - Des Moines WOI-DT ~~ 5 (5) 2013 ABC
KCWI-TV 23 (23) 2016 The CW
Sioux City KCAU-TV ~~ 9 (9) 2013 ABC
Topeka KSNT §§ 27 (27) 2017 NBC
KTMJ-CD §§ 43 (43) 2017 Fox
KTKA-TV 49 (49) 6 ABC
The CW (DT3)
Wichita KSNW §§ 3 (45) 2017 NBC
Great Bend KSNC §§
(Satellite of KSNW)
2 (22) 2017 NBC
Garden City KSNG §§
(Satellite of KSNW)
11 (11) 2017 NBC
McCook KSNK §§
(Satellite of KSNW)
8 (12) 2017 NBC
Salina KSNL-LD §§
(Satellite of KSNW)
47 (47) 2017 NBC
Baton Rouge WGMB-TV ## 44 (45) 2015 Fox
The CW (DT2)
WBRL-CD ## 21 (21) 2015 The CW
WVLA-TV 33 (34) 7 NBC
KZUP-CD 19 (20) 2016 8 Independent
Lafayette KLFY-TV §§ 10 (10) 2017 CBS
Monroe - El Dorado KARD Q 14 (36) 2003 Fox
KTVE 2 10 (27) 2007 NBC
Shreveport - Texarkana KTAL-TV 6 (15) 2000 NBC
KMSS-TV ## 33 (34) 5 Fox
KSHV-TV 45 (44) 7 MyNetworkTV
Hagerstown - Washington WHAG-TV Q 9 25 (26) 2003 Independent/Heroes & Icons
Springfield, MA WWLP §§ 22 (11) 2017 NBC
The CW (DT2)
WFXQ-CD §§
(Satellite of WWLP)
28 (28) 2017 NBC
The CW (DT2)
Escanaba - Marquette WJMN-TV
(Semi-satellite of WFRV)
3 (48) 2011 CBS
Grand Rapids WOOD-TV §§ 8 (7) 2017 NBC
WXSP-CD §§ 15 (15) 2017 MyNetworkTV
Battle Creek WOTV §§ 41 (20) 2017 ABC
Lansing WLNS-TV §§ 6 (36) 2017 CBS
WLAJ 53 (51) 10 ABC
The CW (DT2)
Jackson WJTV §§ 12 (12) 2017 CBS
The CW (DT2)
Hattiesburg - Laurel WHLT §§
(Semi-satellite of WJTV)
22 (22) 2017 CBS
Natchez - Alexandria WNTZ-TV ## 48 (49) 2015 Fox/MyNetworkTV
Joplin - Pittsburg KSNF 16 (46) 1998 NBC
KODE-TV 2 12 (43) 2002 ABC
Springfield - Branson KOZL-TV Q 27 (28) 2003 MyNetworkTV
KOLR 2 10 (10) 2003 CBS
Hardin - Billings KSVI Q 6 (18) 2003 ABC
KHMT 2 4 (22) 2003 Fox
Las Vegas KLAS-TV 8 (7) 2015 CBS
Albuquerque - Santa Fe KRQE §§ 13 (13) 2017 CBS
Fox (DT2)
KWBQ 19 (29) 11 The CW
KASY-TV 50 (45) 11 MyNetworkTV
Roswell KBIM-TV §§
(Satellite of KRQE)
10 (10) 2017 CBS
Fox (DT2)
KRWB-TV
(Satellite of KWBQ)
21 (21) 11 The CW
Durango KREZ-TV §§
(Satellite of KRQE)
6 (15) 2017 CBS
Fox (DT2)
Albany - Schenectady - Troy WTEN §§ 10 (26) 2017 ABC
WXXA-TV 23 (7) 10 Fox
Adams, MA WCDC-TV §§
(Satellite of WTEN)
19 (36) 2017 ABC
Binghamton WBGH-CD ¤¤ 20 (20) 2012 NBC
WIVT ¤¤ 34 (34) 2012 ABC
Buffalo WIVB-TV §§ 4 (39) 2017 CBS
WNLO §§ 23 (32) 2017 The CW
Elmira WETM-TV ¤¤ 18 (18) 2012 NBC
Independent (DT2)
Rochester WROC-TV 8 (45) 1999 CBS
Syracuse WSYR-TV ¤¤ 9 (17) 2012 ABC
Utica - Rome WFXV Q 33 (27) 2003 Fox
WPNY-LP Q 11 (20.2) 2003 MyNetworkTV
WUTR 2 20 (30) 2004 ABC
MyNetworkTV (DT2)
Watertown WWTI ¤¤
(Semi-satellite of WSYR)
50 (21) 2004 ABC
The CW (DT2)
Bismarck KXMB-TV 12 (12) 2016 CBS
The CW (DT2)
Dickinson KXMA-TV
(Satellite of KXMB)
2 (19) 2016 The CW
CBS (DT2)
Minot KXMC-TV
(Satellite of KXMB)
13 (13) 2016 CBS
The CW (DT2)
Williston KXMD-TV
(Satellite of KXMB)
11 (14) 2016 CBS
The CW (DT2)
Greenville - New Bern - Washington WNCT-TV §§ 9 (10) 1997 CBS
The CW (DT2)
Raleigh - Durham - Fayetteville WNCN §§ 17 (17) 2017 CBS
Columbus, OH WCMH-TV §§ 4 (14) 2017 NBC
Dayton - Springfield WDTN §§ 2 (50) 2017 NBC
WBDT 26 (26) 6 The CW
Youngstown WKBN-TV §§ 27 (41) 2017 CBS
WYFX-LD §§ 19 (19) 2017 Fox
WYTV 33 (36) 6 ABC
MyNetworkTV (DT2)
Portland, OR KOIN §§ 6 (40) 2017 CBS
Altoona - State College - Johnstown WTAJ-TV 10 (32) 2006 CBS
Erie WJET-TV 24 (24) 1998 ABC
WFXP 2 66 (22) 1998 Fox
Harrisburg - Lancaster - Lebanon - York WHTM-TV §§ 27 (10) 2017 ABC
Wilkes-Barre - Scranton WBRE-TV 28 (11) 1998 NBC
WYOU 2 22 (13) 1996 CBS
Providence - New Bedford WPRI-TV §§ 12 (13) 2017 CBS
WNAC-TV 64 (12) 12 Fox
MyNetworkTV (DT2)
Charleston, SC WCBD-TV §§ 2 (50) 2017 NBC
The CW (DT2)
Florence - Myrtle Beach WBTW §§ 13 (13) 2017 CBS
MyNetworkTV (DT2)
Greenville - Spartanburg - Asheville - Anderson WSPA-TV §§ 7 (7) 2017 CBS
WYCW §§ 62 (45) 2017 The CW
Sioux Falls KELO-TV §§ 11 (11) 2017 CBS
MyNetworkTV (DT2)
Frorence - Aberdeen KDLO-TV §§
(Satellite of KELO)
3 (3) 2017 CBS
MyNetworkTV (DT2)
Reliance - Pierre KPLO-TV §§
(Satellite of KELO)
6 (13) 2017 CBS
MyNetworkTV (DT2)
Rapid City KCLO-TV §§
(Satellite of KELO)
16 (15) 2017 CBS
Jackson WJKT ¤¤ 16 (39) 2012 Fox
Johnston City - Kingsport - Bristol WJHL-TV §§ 11 (11) 2017 CBS
ABC (DT2)
Knoxville WATE-TV §§ 6 (26) 2017 ABC
Memphis WATN-TV ¤¤ 24 (25) 2012 ABC
WLMT ¤¤ 30 (31) 2012 The CW
Nashville WKRN-TV §§ 2 (27) 2017 ABC
Abilene - Sweetwater KTAB-TV 32 (24) 1999 CBS
KRBC-TV 2 9 (29) 2003 NBC
Amarillo KAMR-TV Q 4 (19) 2003 NBC
MyNetworkTV (DT2)
KCIT 2 14 (15) 1999 Fox
KCPN-LP 2 33 (4.2) 1999 MyNetworkTV
Austin KXAN-TV §§ 36 (21) 2017 NBC
KNVA 54 (49) 6 The CW
KBVO-CD §§
(Satellite of KBVO)
51 (51) 2017 MyNetworkTV
Llano, Texas KBVO §§ 14 (27) 2017 MyNetworkTV
Brownsville - Harlingen - McAllen KVEO-TV §§ 23 (24) 2015 NBC
El Paso KTSM-TV ## 9 (16) 2015 NBC
Jacksonville - Tyler - Longview KETK-TV ## 56 (22) 2015 NBC
KFXK-TV 51 (31) 7 Fox
KTPN-LD 47 (48) 7 MyNetworkTV
KLPN-LD
(satellite of KTPN)
47 (47) 7 MyNetworkTV
Lufkin - Nacogdoches KFXL-LP
(satellite of KFXK)
30 7 Fox
Lubbock KLBK-TV Q 13 (40) 2003 CBS
KAMC 2 28 (27) 2003 ABC
Odessa - Midland KMID 2 (26) 2000 ABC
KPEJ-TV ## 24 (23) 5 Fox
San Angelo KLST 8 (11) 2004 CBS
KSAN-TV 2 3 (16) 2003 NBC
Waco - Temple KWKT-TV ## 44 (44) 2015 Fox
Bryan - College Station KYLE-TV ## 28 (28) 2015 MyNetworkTV
Wichita Falls - Lawton KFDX-TV 3 (28) 1998 NBC
MyNetworkTV (DT2)
KJTL 2 18 (15) 1999 Fox
KJBO-LP 2 35 (3.2) 1999 MyNetworkTV
Salt Lake City KTVX ¤¤ 4 (40) 2012 ABC
KUCW ¤¤ 30 (48) 2012 The CW
Burlington - Plattsburgh WFFF-TV 44 (43) 2013 Fox
WVNY 2 22 (13) 2013 ABC
Norfolk - Portsmouth - Virginia Beach WAVY-TV §§ 10 (31) 2017 NBC
WVBT §§ 43 (29) 2017 Fox
Richmond - Petersburg WRIC-TV §§ 8 (22) 2017 ABC
Roanoke - Lynchburg WFXR ≈≈ 27 (17) 2014 Fox
WWCW ≈≈ 21 (20) 2014 The CW
Clarksburg - Fairmont - Morgantown WBOY-TV ++ 12 (12) 2017 13 NBC
ABC (DT2)
Huntington - Charleston WOWK-TV ++ 13 (13) 2017 13 CBS
Lewisburg - Bluefield - Beckley WVNS-TV ++ 59 (8) 2017 13 CBS
Fox/MyNetworkTV (DT2)
Wheeling - Steubenville WTRF-TV ++ 7 (7) 2017 13 CBS
MyNetworkTV (DT2)
ABC (DT3)
Green Bay - Appleton WFRV-TV 5 (39) 2011 CBS
La Crosse WLAX ≈≈ 25 (17) 2014 Fox
Chippewa Falls - Eau Claire WEUX ≈≈
(satellite of WLAX)
48 (49) 2014 Fox

Other Notes:

  • 1 The sale of KFTA to Mission Broadcasting is pending; Nexstar will continue to operate the station after the sale.
  • 2 These stations are nominally owned by Mission Broadcasting and operated by Nexstar under local marketing agreements.
  • 3 KFQX is owned by Parker Broadcasting and operated by Nexstar under a local marketing agreement. Sale to Mission Broadcasting is pending FCC approval.
  • 4 WYZZ is owned by Cunningham Broadcasting and operated by Nexstar under a local marketing agreement.
  • 5 These stations are nominally owned by Marshall Broadcasting and operated by Nexstar under a shared service agreement.
  • 6 These stations are nominally owned by Vaughan Media and operated by Nexstar under a shared service agreement.
  • 7 These stations are nominally owned by White Knight Broadcasting and operated by Nexstar under a shared service agreement.
  • 8 KZUP was owned by White Knight Broadcasting and operated by Nexstar under a shared service agreement from 2015 to 2016, prior to its acquisition by Nexstar in 2016.
  • 9 WHAG serves as a sub-market station to the Washington, D.C. metropolitan area.
  • 10 These stations are nominally owned by Shield Media and operated by Nexstar under a shared service agreement.
  • 11 These stations are nominally owned by Tamer Media, LLC, and operated by Nexstar under a shared service agreement.
  • 12 WNAC is owned by Super Towers, Inc. and operated by Nexstar under a local marketing agreement.
  • 13 These stations are owned by West Virginia Media Holdings and operated by Nexstar under a local marketing agreement. Full acquisition is awaiting consummation.

Former Nexstar stations[edit]

City of License / Market Station Channel
TV (RF)
Years Owned Current Ownership Status
Glenwood Springs KREG
(Satellite of KREX)
3 (23) 2014-2017 Independent station owned by Marquee Broadcasting
Jacksonville WCWJ 17 (34) 2009-2017 The CW affiliate owned by Graham Media Group
Fort Wayne WFFT-TV Q 55 (36) 2003-2017 Fox affiliate owned by Heartland Media
Lafayette KADN-TV ## 15 (16) 2015-2017 Fox affiliate owned by Bayou City Broadcasting
KLAF-LD ## 46 (46) 2015-2017 NBC affiliate owned by Bayou City Broadcasting
St. Joseph KQTV 2 (7) 1997-2017 ABC affiliate owned by Heartland Media
Rochester WUHF 31 (28) 2005-2013 1 Fox affiliate owned by Sinclair Broadcast Group
Lebanon - Lancaster - York - Harrisburg WLYH-TV 15 (23) 2006-2015 2 Grit TV affiliate, WXBU, owned by Howard Stirk Holdings
Beaumont - Port Arthur KBTV-TV 4 (40) 1998-2012 Fox affiliate owned by Deerfield Media
(Operated through a LMA by Sinclair Broadcast Group)
  • 1 Owned by Sinclair, Nexstar operated WUHF under a shared services agreement.
  • 2 Operated by Sinclair Broadcast Group under a local marketing agreement.

Retransmission consent dispute with Fox[edit]

In 2011, Nexstar and Fox entered into a dispute over terms of reverse compensation; this occurred as Fox began to aggressively seek shares of earnings from retransmission consent agreements with cable and satellite operators as part of affiliation agreement renewals between station groups with affiliates whose affiliation contracts already expired (and carrying the network's programming without a contractual agreement) or were near expiration. Reportedly, the amount from retransmission consent fees from cable and satellite operators that Fox wanted its affiliates to pay the network would be 25 cents per subscriber during the first year of the affiliation agreement, increasing to 50 cents by the fourth year.[31] President of affiliate sales and marketing for Fox, Mike Hopkins, had said earlier in the year that the network would consider moving its affiliation to another market station as a last resort, if existing affiliates did not agree to the terms for reverse compensation retrans sharing.[32]

Fox dropped its affiliation from Nexstar-owned/managed stations in four markets, with three of the replacement stations adding Fox in addition to existing affiliations with the MyNetworkTV program service (owned by Fox parent company News Corporation). In Indiana, two markets saw Fox go from a primary affiliation of one station to joining an existing MyNetworkTV-affiliated digital subchannel of a competing Big Three station, with MNT going to a secondary affiliation: in Evansville, Fox moved from WTVW (which then became an independent station and later joined The CW) to a MNT-affiliated subchannel of CBS affiliate WEVV-TV on July 1, while in Fort Wayne, the Fox affiliation moved from WFFT-TV to an MNT-affiliated subchannel of NBC affiliate WISE-TV on August 1.[33] The network also moved its affiliation in Springfield, Missouri from KSFX-TV (operated in a duopoly with area CBS affiliate KOLR) to upstart MyNetworkTV affiliate KRBK on September 1, 2011, with both stations becoming Independents.[33] Nexstar chose to drop Fox from WFXW in Terre Haute, Indiana and re-affiliate with ABC on September 1, 2011 (becoming the only Nexstar station thus far to affiliate with another network following the removal of the Fox affiliation) as part of a long-term renewal agreement between Nexstar and ABC for the group's nine existing ABC stations, reversing a 1995 switch that saw Terre Haute losing over-the air carriage of ABC programs (since then, ABC has been seen in the market via Indianapolis affiliate WRTV on area cable and satellite providers);[34][35] the Fox affiliation then moved to a digital subchannel of CBS affiliate WTHI-TV which also added MyNetworkTV as a secondary affiliation. Nexstar's remaining Fox affiliates have since signed a renewal agreement through December 2013;[36] in addition, following the settlement of Nexstar's antitrust lawsuit against WISE-TV owner Granite Broadcasting, WFFT-TV reclaimed the Fox affiliation on March 1, 2013.[37][38]

References[edit]

  1. ^ "Virtual Duopolies Coming Under Fire". TVNewsCheck. Retrieved 30 May 2012. 
  2. ^ Stelter, Brian. "You Can Change the Channel, but Local News Is the Same". The New York Times. Retrieved 30 May 2012. 
  3. ^ "Nexstar Broadcasting Group, Inc. Profile". Yahoo Finance. Retrieved December 10, 2014. 
  4. ^ "Nexstar to acquire Quorum Broadcasting". Dallas Business Journal. 
  5. ^ NEXSTAR BROADCASTING GROUP TO ACQUIRE QUORUM BROADCASTING
  6. ^ "Newport Sells 22 Station For $1 Billion". TVNewsCheck. July 19, 2012. Retrieved July 19, 2012. 
  7. ^ Tweets and Retweets From the Editors. "Nexstar, Mission Buy 19 Stations For $270M". TVNewsCheck.com. Retrieved 2015-04-20. 
  8. ^ Malone, Michael (September 16, 2013). "Nexstar to Acquire Citadel's Iowa Stations for $88 Million". Broadcasting & Cable. Archived from the original on September 21, 2013. Retrieved September 16, 2013. 
  9. ^ Hicks, Lynn (September 16, 2013). "Nexstar buys WOI, other Citadel TV stations in Iowa". Des Moines Register. Retrieved September 16, 2013. 
  10. ^ Malone, Michael (November 6, 2013). "Nexstar to Acquire Seven Grant Stations For $87.5 Million". Broadcasting & Cable. Retrieved November 6, 2013. 
  11. ^ Consummation Notice,CDBS Public Access Federal Communications Commission, Retrieved 3 December 2014.
  12. ^ Jessell, Harry A. "Fox Stations Moving to WorldNow Platforms". TVNewsCheck. Retrieved 20 April 2012. 
  13. ^ "Fox Marketing New Web Platform To All". TVNewsCheck. Retrieved 11 June 2013. 
  14. ^ "Nexstar Rolls Up Its 3 CMS Units Into Lakana". TVNewsCheck. Retrieved 20 June 2015. 
  15. ^ "Nexstar Buys Internet Broadcasting Systems". TVNewsCheck. March 13, 2014. Retrieved March 13, 2014. 
  16. ^ "exstar Broadcasting Acquires Yashi, Leading Local Digital Video Advertising and Programmatic Technology Company, for $33 Million in Accretive Transaction". Marketwatch. February 2, 2015. Retrieved February 3, 2015. 
  17. ^ "Nexstar Offers $4.1 Billion For Media General". tvnewscheck.com. 
  18. ^ "UPDATE 3-Broadcaster Nexstar offers to buy Media General in $4.1 bln deal". Reuters. 
  19. ^ Nexstar Broadcasting Proposes To Acquire Media General - Nexstar Broadcasting
  20. ^ Nexstar Offers to Buy Media General for $1.85 Billion - The New York Times
  21. ^ "Business: Washington Post Business Page, Business News". bloomberg.com. 
  22. ^ Media General Rejects Nexstar’s $1.9B Offer, But Agrees To Talk - Deadline
  23. ^ "Nexstar Buys 4 W.Va. TVs For $130M". TVNewsCheck. 
  24. ^ "Nexstar-Media General: It's A Done Deal". TVNewsCheck. Retrieved 27 January 2016. 
  25. ^ "Nexstar Clinches Deal to Acquire Media General". The New York Times. Retrieved 27 January 2016. 
  26. ^ "Nexstar Selling Five Stations in Four Markets". TVNewsCheck. Retrieved 27 May 2016. 
  27. ^ "Prather Buys 5 TVs From Nexstar-Media Gen.". TVNewsCheck. June 13, 2016. Retrieved June 13, 2016. 
  28. ^ Nexstar Broadcasting Group Completes Acquisition of Media General Creating Nexstar Media Group, The Nation’s Second Largest Television Broadcaster Nexstar Media Group, 17 January, 2017. Retrieved 17 January, 2017.
  29. ^ Nexstar Managing Four Points Stations, Broadcasting & Cable, March 23, 2009 Archived June 8, 2010, at the Wayback Machine.
  30. ^ "Fcc Revises Local Television Ownership Rules". Fcc.gov. Retrieved 2015-04-20. 
  31. ^ "Fox Gives No Ground On Retrans Sharing", TVNewsCheck, April 12, 2011.
  32. ^ "Fox Inks New Affiliation Agreements, Scraps Others," from Broadcasting & Cable, 5/11/2011 Archived May 15, 2011, at the Wayback Machine.
  33. ^ a b "Fox Moves Afills In Springfield, Ft. Wayne". TVNewsCheck. June 20, 2011. Retrieved June 20, 2011. 
  34. ^ "Nexstar's WFXW Switching From Fox To ABC," from Broadcasting & Cable, 6/28/2011 Archived July 1, 2011, at the Wayback Machine.
  35. ^ Jessell, Harry A. (June 28, 2011). "Nexstar Drops Fox For ABC In Terre Haute". TVNewsCheck. Retrieved June 28, 2011. 
  36. ^ McAvoy, Kim (April 15, 2012). "Fox Is TV's New Station Group Leader". TVNewsCheck. Retrieved April 17, 2012. Nexstar renewed its remaining eight Fox affiliates through December 2013. 
  37. ^ Knox, Merrill (February 6, 2013). "Nexstar, Granite Settle Antitrust Lawsuit, Returning Fox Affiliation to Fort Wayne's WFFT". TVSpy. Retrieved February 6, 2013. 
  38. ^ Malone, Michael (February 6, 2013). "Nexstar's WFFT Fort Wayne Back in Fox Fold". Broadcasting & Cable. Archived from the original on February 10, 2013. Retrieved February 6, 2013. 

External links[edit]