Nexstar Broadcasting (NXST) Announces Multi-Year Retransmission Agreements with DIRECTV (DTV) and AT&T (T)

September 4, 2008 7:33 AM EDT

Nexstar Broadcasting Group, Inc. (Nasdaq: NXST) has entered into multi-year retransmission consent agreements with DIRECTV (Nasdaq: DTV) and AT&T (NYSE: T). The agreements grant DIRECTV and AT&T the non-exclusive rights to distribute Nexstar’s locally produced content, including market-leading local newscasts, and to carry the standard definition and high-definition signals of television stations owned and/or operated by Nexstar.

Terms of the agreements were not disclosed.

Nexstar Broadcasting Group, Inc. (Nexstar) is a television broadcasting company focused on the acquisition, development and operation of television stations in medium-sized markets in the United States. [SM]


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DTV 19.39

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NXST 0.71

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T 26.96

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