Nexstar Media Group and Fox Broadcasting Co. today announced a multi-year agreement that renews Fox network affiliations for stations that Nexstar owns, operates, programs or provides services to, in 31 markets that reach approximately 8% of the U.S.
In addition, the new agreement will also cover the eight Fox affiliates that Nexstar is acquiring from Tribune Media Co., upon closing of the acquisition. Following its pending acquisition of Tribune, Nexstar will own, operate, program or provide services to Fox affiliates in 39 markets and will be the largest independent operator of Fox-affiliated stations, covering 16% of the U.S. and serving more than 17.5 million households.
“We are delighted to reach this long-term extension of our affiliation agreements with Fox well ahead of the expiration date of the existing contracts and in a manner that mutually recognizes the value of our partnership,” said Perry A. Sook, Nexstar Media Group founder, chairman, president and CEO.
