IRVING, Texas, July 11, 2019 – Nexstar Media Group, Inc. (Nasdaq: NXST) (“Nexstar”) set the record straight with legislators, regulators, consumers and others related to ongoing negotiations between the parties on a distribution agreement that will allow AT&T to continue to offer Nexstar’s highly rated network and local community programming to its subscribers.
The misinformation campaign began when AT&T indicated that “Nexstar pulled 120 of its local broadcast stations…” Nexstar did not pull its stations or ask for their removal from AT&T’s DIRECTV, Uverse or DIRECTV NOW platforms.
Rather, Nexstar’s offer for a 30 day extension would have allowed consumers in the affected markets to continue viewing their favorite network shows, special events, sports, local news and other programming while the parties continue negotiations.
AT&T in its “External Fact Sheet” and in communications to elected officials, erroneously asserts that Nexstar has been involved in blackouts with Cox Cable, DISH Network, Charter Spectrum “and others” when in fact Nexstar has never had DISH Network or Charter Spectrum remove its stations from their consumer video offerings.
The facts are that Nexstar has established a long-term record of completing hundreds of agreements with multichannel video programming distributors (“MVPDs” or cable TV, satellite TV, telecom companies) for the carriage of its television stations and is proud that it has never, in its 23-year history, had a service interruption related to distribution agreements of the magnitude of the AT&T/DIRECTV interruption.
Over the past 20 months alone, Nexstar has successfully renewed more than 390 distribution agreements with cable providers for the carriage of Nexstar’s stations, including a new agreement with Cox.
In contrast, following its 2015 acquisition by AT&T, DIRECTV has been routinely involved in disputes with content providers and has dropped or threatened to black out network and local community programming from Viacom, SJL Broadcasting/Lilly