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Stock Market & Financial Investment News

News Breaks
March 6, 2014
08:38 EDTLIN, SBGI, NXSTFCC proposal could force Sinclair to give up properties, Bloomberg says
U.S. television-station owners, including Sinclair Broadcast Group (SBGI), Lin Media (LIN) and Nexstar Broadcasting Group (NXST), could be forced to give up some properties under a proposal by FCC Chairman Tom Wheeler, reported Bloomberg. Wheeler wants to prohibit some shared-service arrangements that have let companies avoid a ban on owning more than one TV station in a local market, said two officials briefed on the proposal that has not been made public, the report said. Reference Link
News For SBGI;LIN;NXST From The Last 14 Days
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December 15, 2014
08:34 EDTNXSTNexstar announces long-term affiliation agreement with NBC Television Network
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December 12, 2014
17:48 EDTLINMedia General, LIN Media receive FCC approval for merger
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December 11, 2014
05:18 EDTNXSTNexstar, DISH reach distribution agreement
Nexstar Broadcasting (NXST) announced that it reached a new distribution agreement with DISH Network (DISH) allowing the satellite television provider the right to continue to air Nexstarís programming. The agreement covers Nexstarís broadcast platform inclusive of 60 network affiliated and local stations in 46 markets. On Monday, December 8, Nexstar granted DISH an extension until 11:59 p.m. ET tonight to the companiesí previous agreement.
December 9, 2014
07:32 EDTNXSTUBS to hold a conference
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05:24 EDTNXSTNexstar provides third extension to DISH distribution agreement
Nexstar Broadcasting (NXST) announced that it has provided the third extension of its distribution agreement with DISH Network (DISH) allowing the satellite television provider the right to continue to air Nexstarís highly rated programming until 11:59 p.m. ET on Wednesday, December 10. The agreement covers Nexstarís broadcast platform inclusive of 60 network affiliated and local stations in 46 markets. DISHís previous extension with Nexstar expires at 11:59 p.m. ET. Nextar stated that for over two months, it has been negotiating in good faith to establish a mutually agreeable contract with DISH and Nexstar remains hopeful that a resolution can be reached without a service interruption to viewers in affected markets.

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