Nexstar Media Group (NASDAQ: NXST) has announced that six Sacramento TV stations are working together to offer NEXTGEN TV to Central Valley, California, residents. The NEXTGEN TV system includes expanded audio and video options, as well as additional innovative capabilities, including emergency alerts. NEXTGEN also allows TV stations to personalize their broadcasts and make their content more relevant and engaging for viewers. According to the announcement, Sacramento is the first city in Northern California to offer commercial NEXTGEN TV, although almost 40 other early-adopter cities across the country are also providing the service. In addition, the company also announced that its wholly owned cable network, Nexstar Media Inc., is adding two new programs: “On Balance with Leland Vittert,” scheduled to air at 8 p.m. ET, and “NewsNation: Rush Hour,” featuring Nichole Berlie and scheduled to air at 6 p.m. ET. Nexstar Media Inc. reaches approximately 75 million U.S. television households. “No one else has instant access to as many newsrooms as we have in the Nexstar family of stations,” said “NewsNation” president of news Michael Corn in the press release. “‘Rush Hour’ and ‘On Balance’ emphasize our commitment to building a unique, one-of-a-kind news network that is independent, respects its viewers, and remains dedicated to keeping them engaged, with just a little bit of unpredictability thrown in for good measure.”
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About Nexstar Media Group Inc.
Nexstar Media Group is a leading diversified media company that leverages localism to bring new services and value to consumers and advertisers through its traditional media, digital and mobile media platforms. Its wholly owned operating subsidiary, Nexstar Media Inc., consists of three divisions: broadcasting, digital and networks. The Broadcasting Division operates, programs or provides sales and other services to 199 television stations and related digital multicast signals reaching 116 markets or approximately 39% of all U.S. television households (reflecting the FCC’s UHF discount). The division’s portfolio includes primary affiliates of NBC, CBS, ABC, FOX, MyNetworkTV and The CW. The Digital Division operates 120 local websites and 284 mobile apps offering hyper-local content and verticals for consumers and advertisers, allowing audiences to choose where, when and how they access content and creating new revenue opportunities for the company. The Networks Division operates “NewsNation,”formerly WGN America, a national news and entertainment cable network reaching 75 million television homes as well as multicast network Antenna TV and WGN Radio in Chicago. Nexstar also owns a 31.3% ownership stake in TV Food Network, a top-tier cable asset. For more information about the company, please visit www.Nexstar.tv.
NOTE TO INVESTORS: The latest news and updates relating to NXST are available in the company’s newsroom at https://ibn.fm/NXST
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