Nexstar sees more potential to transition to IP workflows with its acquisition of Tribune, says CTO Brett Jenkins. It’s also aiming to light up some major-market NextGen TV signals in the second quarter amid what Jenkins sees as a climate of strong consumer acceptance and adoption of the new ATSC 3.0 standard.
The veteran media executive returns to the Central Valley to lead the group’s KSEE (NBC), KGPE (CBS) duopoly and YourCentralValley.com.
In an unusual, comprehensive series of broadcast and digital reports, Nexstar Broadcasting sent a team of journalists on a 10-day mission to offer viewers a unique and revealing look at life along the southern border from one end to the other, 1,700 miles. Nexstar’s Border Report Tour started in San Diego on Sunday, Sept. 22, and concluded on Tuesday, Oct. 1 in Brownsville, Texas. Along the way, the team generated more than 50 pieces of original content for digital, hundreds of news stories and more than 130 live shots for broadcast.
With its OK following that of the Department of Justice, the commission’s move means Nexstar can close the $6.4 billion deal, which it said it expects to do shortly.
Nexstar has sued DirecTV in a New York federal court, claiming breach of contract. At issue is an “unlaunched station fee” that it says DirecTV agreed to pay for not being required to immediately launch Nexstar station WHAG (aka WDVM). The Hagerstown, Md.,, station lost its affiliation with NBC on July 1, 2016.
A new multi-year agreement brings Comscore’s linear and non-linear measurement to all Nexstar markets.
The spinoffs necessary for regulatory approval will include stations in at least 13 of 15 markets: Portland, Ore., Salt Lake City; Des Moines, Iowa; Ft. Smith, Ark; Davenport, Iowa; Memphis, Grand Rapids, Mich; Indianapolis, Huntsville, Ala; Hartford, Conn.; Wilkes-Barre/Scranton, Pa.; Harrisburg, Pa.; Hagerstown, Md.; Richmond, Va; and Norfold, Va. Nexstar CEO Perry Sook says he expects those spinoffs will sell for around $1 billion.
The station group is buying MNT affiliate KFVE for $6.5 million so that it can pair it with KHON, an affiliate of Fox and the CW, according to CEO Perry Sook. Raycom has been operating KFVE under a shared services agreement.