DIRECTV and Nexstar Media Group have officially reached a comprehensive new multi-year distribution agreement covering 176 Nexstar-owned local television stations and the company’s national cable news network, NewsNation. This follows the return of the television stations and NewsNation to DIRECTV, DIRECTV STREAM and U-verse on the morning of Sept. 17. Terms of the agreements were not disclosed.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on NXST:
- DirectTV to temporarily restore Nexstar-owned stations, Reuters says
- Nexstar deal for ABC would be accretive but risky, says Rosenblatt
- Disney shareholders support exiting linear assets, says Wells Fargo
- Disney holds initial discussions for ABC sale to Nexstar, Bloomberg says
- Disney up 1% after report of talks with Nexstar on possible sale of ABC
