Nexstar Refinances Senior Secured Term Loans And Revolving Credit

Nexstar Media said it has closed a new five-year term loan A facility in an aggregate principal amount of $2,425 million and a new five-year revolving credit facility in an aggregate principal amount of $550 million. In addition, Mission Broadcasting, a variable interest entity of the company, has closed a new five-year revolving credit facility […]

Veteran Journalist Hazel Sanchez To Join PIX11 Morning News Team

WPIX said Friday that award-winning veteran journalist Hazel Sanchez will join the PIX11 Morning News team beginning Monday, Sept. 20th. Sanchez will co-anchor alongside PIX11’s Dan Mannarino. Since 2000, Sanchez has served as an anchor and reporter for WCBS-TV in New York City, covering breaking news, politics, city government, crime and a wide variety of […]

Jeff Miller To Lead Nexstar In Brownsville

The broadcast executive with nearly 30 years of leadership experience will oversee Nexstar’s KVEO, and Mission Broadcasting’s KGBT.

Comcast Says Nexstar Violates Audience Cap, Tribune Order

Comcast wants the FCC to issue a ruling that Nexstar should be attributed ownership of WPIX New York , which would make it in violation of the commission’s 39% cap on broadcast national audience reach. The cable operator claims Nexstar’s divestiture of the station to meet FCC requirements in its acquisition of Tribune was a “sham.”

Nexstar’s Mission Broadcasting Closes $300M Loan

Mission intends to use the net proceeds from the new loan to pay down borrowings under its existing revolving credit facility, pay shared service fees to Nexstar and for general corporate purposes.

Ofelia Castiblanco Named WPIX Station Manager

Mission Broadcasting has promoted Ofelia Castiblanco to station manager and community affairs director of its newly acquired WPIX New York. This comes on the heels of Mission’s acquisition of the station from E.W. Scripps Co. on Dec. 30, 2020. Castiblanco became the station’s community affairs director in January 2020. Just prior to joining the station, […]

Scripps Completes Sale Of WPIX To Mission

Scripps purchased WPIX as part of its acquisition of eight television stations in seven markets from Nexstar. Those stations were being divested in connection with Nexstar Media Group’s acquisition of Tribune Media in September 2019. Scripps granted Nexstar the option to buy back WPIX. The option expired at the end of 2021. Nexstar assigned its option to Mission Broadcasting, and Mission exercised the option.

Tourville-Bennett New KWBQ-KASY Station Mgr.

Mission Broadcasting promotes 21-year veteran Taunya Tourville-Bennett to lead its newly acquired CW-MNT duopoly in Albuquerque, N.M.

FCC OKs Bankruptcy Sale Of Marshall Stations

The FCC’s Media Bureau has approved the sale of KLJB Davenport, Iowa; KMSS Shreveport, La.; and KPEJ Odessa, Texas, from Marshall Broadcasting to Mission Broadcasting, saying the sale — out of bankruptcy — is in the public interest.


Mission Broadcasting Buying WPIX From Scripps

Nexstar has transferred its option to purchase Scripps’ New York CW affiliate WPIX to Mission Broadcasting and Mission has exercised its option to purchase the station for $75 million plus accrued interest, to be calculated on the period between the Sept. 19, 2019, purchase date of WPIX by Scripps and the option sale closing date.

Stephen Daniloff Named Mission Sales Director

Mission Broadcasting has named Stephen Daniloff corporate director of sales. He most recently was VP-GM of Nexstar’s WBRE, Wilkes-Barre, Pa. At Mission, he will manage an office in Solon, Ohio, and report to Dennis Thatcher, Mission’s president.

Dish, Mission Sign Temporary Retrans Pact

Mission Stations Blacked Out To Dish Subs

Mission Broadcasting said its stations in 18 markets are no longer being carried by Dish Network because of a retransmission consent dispute. The stations were removed by Dish without warning Friday night, Mission said. The broadcaster said it had offered to extend its current agreement so viewers wouldn’t miss the beginning of the NFL playoff but Dish turned it down. Dish said the opposite happened, blaming Mission for the signals being pulled.

Nexstar Adds 4 Katz Diginets On 43 New Chs.

In addition, the four — Bounce, Escape, Grit and Laff — have been renewed on 21 other stations, boosting Bounce to 86% of the United States and 95% of African-American households, while Escape, Grit and Laff will now reach 89%, 87% and 90% of all U.S. TV households, respectively.

Mission Broadcasting Adds Carwile As PD

Lance Carwile, a veteran of Nexstar, Media General and LIN, will oversee programming for the group’s 21 television stations.

Katz, Bounce Boost Diginet Distribution

The expansion comes from multi-year deals for Bounce TV, Escape, Grit and Laff with Nexstar, Mission and White Knight.

Nexstar Offering $275 Million In Senior Notes

It intends to fund yesterday’s announced purchase of five stations from Citadel Communications and Stainless Broadcasting and to repurchase outstanding 8.875% senior secured second lien notes due in 2017.

DMAS 72, 99, 147 & 157

Nexstar, Mission Buying 5 Stations For $103M

Nexstar will acquire WOI Des Moines, Iowa; WHBF Rock Island, Ill., and KCAU Sioux City, Iowa, from Citadel Communications for $88 million and will operate them under a time brokerage agreement. Mission is buying WICZ and WBNP-LP Binghamton, N.Y., from Stainless Broadcasting for $15.25 million in a transaction structured as an asset purchase agreement.

Nexstar, Mission Buy 19 Stations For $270M

The $270 million deal comprises the 19 stations of Communications Corp. of America and White Knight Broadcasting. Nexstar gets 11, Mission gets eight.


Nexstar, Mission Complete Burlington Buy

The $16.9 million purchase of WFFF and WVNY announced last year has closed.


About 30 Lose Jobs At KARK, KLRT

According to a KLRT Little Rock, Ark., insider, at least 20 employees of the Fox affiliate were told they would no longer be needed. Another source said that as many as eight people at co-owned NBC affiliate KARK are losing their jobs. The moves follow the duos’ takeover by Mission Broadcsting from Newport Television.

DMA 56

Mission Closes On Little Rock Duo

The $60 million purchase of KLRT and KASN is completed and management of the Fox and CW affiliates is being overseen by Nexstar Broadcasting through an outsourcing agreement.

DMAS 55, 97 & 126

Nexstar Adding Stations In Calif. And Vt.

It’s buying KGPE Fresno and KGET/KKEY-LP Bakersfield, both California, from Newport for $35.4 million and, in a separate deal with Mission Broadcasting, is buying WFFF and WVNY Burlington, Vt.


Newport Sells 22 Stations For $1 Billion

The group owned by Providence Equity has deals with Nexstar for 12 stations, Sinclair for six and Cox for four. It’s still looking for buyers for its remaining five stations.

Nexstar, Dish Sign New Retrans Agreement

The new multi-year deal gives the satellite provider rights to Nexstar and Mission Broadcasting’s 55 stations.

DMA 103

Nexstar Swapping Fox For ABC In Evansville

Nexstar is paying $18.5 million for Gilmore’s ABC affiliate WEHT and is selling its one-time Fox affiliate WTVW to Mission Broadcasting for $6.7 million while continuing to operate it under a local services agreement. WTVW lost its Fox affiliation because of Nexstar’s running battle with the network over reverse compensation.

Mission Broadcasting CEO David Smith Dies

David Smith, president and CEO of Mission Broadcasting, died of a massive heart attack over the weekend. Mission owns 16 stations — based mostly in smaller markets in Pennsylvania, Missouri, and Texas — but they are operated by Nexstar Broadcasting as part of duopolies.

Nexstar, Mission Set Registered Exchange Offer