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Nexstar Media Group, Fox Broadcasting renew affiliation agreements.

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TELECOMWORLDWIRE-September 19, 2019-Nexstar Media Group, Fox Broadcasting renew affiliation agreements

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Nexstar Media Group, Inc. (Nasdaq: NXST) ("Nexstar") and Fox Broadcasting company LLC, a subsidiary of Fox Corporation (Nasdaq: FOXA, FOX) ("FOX"), have announced a multi-year agreement that renews FOX network affiliations for stations that Nexstar owns, operates, programs or provides services to, in 31 markets that reach approximately 8% of the US, the companies said.

In addition, the new agreement will also cover the eight FOX affiliates that Nexstar is acquiring from Tribune Media company ("Tribune"), upon closing of the acquisition. Following its pending acquisition of Tribune, Nexstar will own, operate, program or provide services to FOX affiliates in 39 markets and will be the largest independent operator of FOX-affiliated stations, covering 16% of the US and serving more than 17.5 million households.

Nexstar Media Group is a diversified media company that...

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