Nexstar in multi-year deal with Youtube TV for launch of 59 stations

Nexstar Media Group (NXST) announced that it has reached a comprehensive multi-year distribution agreement with YouTube TV (GOOG, GOOGL) to launch 59 stations on its platform, including its 29 CW-affiliated television stations, its 26 MyNetworkTV affiliates, and its four independent stations in Chicago, Washington, D.C., Oklahoma City, and Baton Rouge. The agreement also renews and extends YouTube TV’s carriage of America’s fastest-growing cable news network, NewsNation, which is home to such shows as "Cuomo," "Dan Abrams Live," and "Banfield." In addition, Nexstar extended carriage of all of the company’s CBS-affiliated stations on YouTube TV. Financial terms of the agreement were not released.