Case Study

Nexstar

Nexstar

Pages 2 Pages

Environment Broadcast & Digital Television/Radio/Internet Industry Primary Business Background On January 11, 2017, the FCC approved the sale of Media General to Nexstar Broadcasting Group. The renamed Nexstar Media Group is a leading diversified media company that owns, operates, programs or provides sales and other services to 196 television stations and related digital multicast signals reaching 114 markets. Nexstar, owner of over 24 daily newspapers, 275 weeklies, and 19 network affiliated television stations in addition to their related websites and portals, wanted better control over its fixed communications expenses. The company had 145 locations across the southeast and 2,000 mobile devices nationwide which generated 267 monthly invoices from varied carriers and contracts.

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